The market, in turn, has tumbled as Trump’s trade war sparks fears of a forthcoming recession. Last week, the Dow dropped 670 points. This week, the slump continued, reacting to Trump’s 25 percent levy on all steel and aluminum imports, and the retaliatory tariffs slapped on American goods by countries around the globe in protest.

WASHINGTON − President Donald Trump praised a longtime adversary, Senate Minority Leader Chuck Schumer, after the New York Democrat said he would vote in favor of a Republican bill to fund the government and avert a shutdown.