Time Now For Dems To Go Offense And Use Trump's Stumbles To Further Define Him With The Public [View all]
Simon Rosenberg
Morning all. I wake this morning believing that Trump is weaker than he was a week ago, and our movement stronger. Trump’s early, reckless economic approach has caused the economy to slow, inflation to rise, consumer confidence to fall and the markets to grow increasingly worried. After a bad week last week the major stock market indices are off again this morning, in part because the trade wars Trump has launched are escalating:
Beijing began imposing tariffs on Monday on many farm products from the United States, for which China is the largest overseas market. It is the latest escalation of a trade fight between the world’s two largest economies.
The Chinese government announced the tariffs last week, shortly after President Trump raised tariffs on Chinese products for the second time since he took office in January. The Chinese tariffs will include a levy of 15 percent on U.S. products like chicken, wheat and corn, as well as 10 percent on products like soybeans, pork, beef and fruit.
Beijing said that goods that had already been shipped before Monday and imported by April 12 would not be subject to the new tariffs. Because crops like soybeans, wheat and corn, in particular, tend to travel by sea, this means that China’s customs officials will actually collect few tariffs until shipments arrive in China after leaving the United States on Monday or later.
https://www.hopiumchronicles.com/p/time-now-for-dems-to-go-offense-and
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