Just When You Thought It Was Safe, Tariff Man Strikes Again, Threatens Duties On $4 Billion In EU Goods
Now that tariffs on the remaining $325 billion in Chinese imports have been postponed pending renewed negotiations with Beijing, Donald Trump is free to pivot to Europe.
On Monday evening, following a good day for global equities which rallied on hopes that the Osaka truce and Huawei relent together mark a turning point in relations between the world's two largest economies, the USTR was back at it, proposing additional tariffs on a supplemental list of European goods with a trade value of roug
is this trump once again showing aliegence to the bear or what does a double top look like? (dow futures)
It could take decades to recover from this ass’ole.
He cozies up to America’s dictator foes and screws America’s Allies.
Except that what he/Trump is really doing is screwing the American consumer. H posted this from the NY Fed in another article. This kinda lays it out in no uncertain terms, and it’s from a credible source:
https://libertystreeteconomics.newyorkfed.org/2019/05/new-china-tariffs-increase-costs-to-us-households.html
Thanks for the link. Too bad Trump doesn’t read briefing memo’s, let alone anything on economics or how the real economy works. If it’s not on Fox News (Trump’s PRAVDA), the stable genius will never know about it.