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#TrumpTariffs

559 posts336 participants5 posts today

Raw Story:
'It’s already in the cards': Trump impeachment urged by WSJ editorial board member

In a column published late Friday, a member of the Wall Street Journal editorial board claimed it would be "desirable" to subject Donald Trump to a third impeachment to make up for the damage he has done to the U.S. economy with his "ill-founded" trade war.
rawstory.com/trump-impeachment

Raw Story · 'It’s already in the cards': Trump impeachment urged by WSJ editorial board memberBy Tom Boggioni

MSNBC:
Rep. Krishnamoorthi calls for ban on congressional stock trading after Trump tariff pause concerns

“I have legislation to ban the trading of stocks by members of congress, that's what we should do. We can't allow members of congress… to trade individual stocks, because they are always privy to some information that the public doesn't know, and in this case, of course, I believe that people did know.”
youtube.com/watch?v=FotZ_9dUwB0

Trump threatens #BRICS with tariffs if they drop the $ ... is he now, Hm?

India* 1,460.5
China* 1,416.9
Indonesia 285.1
Brazil' 212.6
Russia' 146.0
Ethiopia 134.6
Egypt 117.8
South Africa 64.7
Iran 61.5
United Arab Emirates 11.2

BRICS; 3,910.5

#population #TrumpTariffs #Dollar #Economy

I don't really think BRICS countries care. They joint to decouple from the $$$. And it would never be cordially, anyway. Now is as good as any time.

🇬🇧 UK
🔴 UK to Take Back British Steel Amid Tariffs

🔸 Starmer recalls parliament to save UK’s last virgin steel plant.
🔸 Scunthorpe to be nationalised after Chinese owner Jingye cancels iron orders.
🔸 Trump’s 25% metal tariffs blamed for collapse.
🔸 Unions: UK must not lose its primary steelmaking capacity.

If ypu’re concerned about the #economy, keep your eyes on the Bond market over the next couple of weeks. There’s something, maybe something really important and impactful, going on there. Everybody’s watching the stock market, but the key economic indicator right now is the #BondMarket - “Bond market moves raise fears of growing bets against America…”

TL;dr US Treasury Bonds have always been considered a global ‘safe haven’ in turbulent times. Not so this time - which is kinda ominous and has economists and bankers concerned. #StockMarket #finance #investing #TrumpTariffs #FiscalPolicy #MonetaryPolicy #RepublicansDidThis #RepublicansOwnThis nbcnews.com/business/markets/b

NBC News · Bond market moves raise fears of growing bets against AmericaBy J.J. McCorvey

#Trump has exempted computers, phones, semiconductors and other consumer electronics from his self-imposed import tariffs. This is policymaking on the hoof with little or no strategic planning. China is going to wipe the floor with him. #Trumpland #TrumpTariffs #TradeWar bbc.com/news/articles/c20xn626

President Donald Trump speaks to reporters on board Air Force One
www.bbc.comTrump exempts smartphones and computers from new tariffsIt follows concerns that tech prices could skyrocket, as many gadgets are made in China, with the US president saying he will give more detail on Monday.