Skip to comments.Trump said to back $200B in China tariffs as early as next week
Posted on 08/30/2018 12:34:11 PM PDT by tcrlaf
President Donald Trump wants to move ahead with a plan to impose tariffs on $200 billion in Chinese imports as soon as a public-comment period concludes next week, according to six people familiar with the matter.
Companies and members of the public have until Sept. 6 to submit comments on the proposed duties, which cover everything from selfie sticks to semiconductors. The president plans to impose the tariffs once that deadline passes, according to the people familiar with the matter, who spoke on condition of anonymity because the discussions arent public. U.S. stocks fell on the news.
(Excerpt) Read more at msn.com ...
This report is coming from Bloomberg claiming is from “people who are familiar with the matter” who wanted to remain anonymous. Bloomberg is trying to put a dent in a huge stock market boost that might come tomorrow from a successful conclusion of talks with Canada. Bloomberg has already trashed the importance of the new NAFTA, as have other rapidly anti-Trump business sources, such as Fortune Magazine, a has-been magazine that nobody reads.
One of the best things about Trump. He plays to win. He doesn’t do half measures or waiver. He wants to fix the trade balance with China. He is GOING to fix the trade balance. It is going to be a little painful for America. It will hurt China a great deal. Our growing economy can afford it at this time. China cannot.
China can only tax what they import. Hee Hee. They need to import more from America before they can compete with us in a trade war. And isn’t that the idea after all?
So now it takes 4 commies to come up with a fake news story to try to deflate all the winning?! What does that tell ya?! LOL!
Yes. I’m surprised it didn’t come from CNN or MSNBC — but it would not be treated with the credibility that Bloomberg has. However, Bloomberg runs article after article trashing everything Trump dressed up as serious financial journalism. The vast majority of the public never reads it. It is beyond insufferable. For now, it can move markets. But, if Bloomberg doesn’t reel in its rabid bias, its credibility is headed for the dumpster.
“U.S. stocks fell on the news.”
Wow, some crash. The Dow is up 300 from Monday’s open.
..and get ALL OF YOUR SPIES and MATERNITY HOTELS out of my country! My neighborhood is CRAWLING with pregnant Chinese foreign nationals who do NOT speak English!!! ANCHOR BABY MADNESS AND IT MUST STOP!!!!
The current headline at Bloomberg is that Trump’s threatening to pull the US out of WTO
This story is based on an interview with the President this afternoon and there is only a single quote. I wonder what other things he said that are left out. This very short story has THREE authors: John Micklethwait, Margaret Talev, and Jennifer Jacobs. Were they all there?
In addition it credits two more people for the story:”With assistance by Sarah McGregor, and Shawn Donnan”
I takes five people including the F-ing editor Micklethwait to write a 199-word article? (I counted the words.)
There was live reporting afterward about the interview.
Now they are talking about the fact Sessions is likely to go after the November elections.
“Fortune Magazine, a has-been magazine that nobody reads.”
you sound like you’re channeling your inner Trump!
“One of the best things about Trump. He plays to win. He doesnt do half measures or waiver.”
he also doesn’t huff and puff and buster and bluff ... if he says he’s gonna pull the rug out from under you if you don’t straighten up, then he WILL pull the rug out from under you if you don’t straighten up ... I think those he negotiates with are starting to get that as they find out their standard BS isn’t working ... the net result is gonna be that they’ll quit doing that crap and get serious about negotiations right from the get go ... I think we’re almost at that point, too ...
Mexico folded. Canada is about to. China, don’t be the last man out.
Ha ha!. Yes I was channeling my inner Trump.
My channeling is on a tear today. And I’m letting ‘er rip. Here’s more.
The Fortune 500 list is all that keeps Fortune Magazine going.
Their left-wing coverage dominates the magazine. Their coverage of business and the markets is vapid. I don’t know how they get the high circulation they claim (835,000).
Henry Luce is turning in his Republican grave. He founded the magazine in 1929.
Their competitor Forbes has 932,000 circulation. Forbes was founded 100 years ago in September. Forbes is a more lively magazine than Fortune and is somewhat conservative. However, to me, it remains dull and plodding. They get very excited over business stories that are merely interesting and often only mildly so. They all act like a bunch of Valley Girls.
Malcom Forbes was so much better at running the magazine.
Bloomberg is stealing the lunch of both Fortune and Forbes with their wire service which has a vast network of smart and well-paid reporters. Even though they are riddled with annoying left wing nonsense, and never miss a chance to bash Trump, they publish many good stories no one else publishes but only where there is no anti-Trump angle to mine.
Bloomberg Businessweek, however, is another vast wasteland, just like its predecessor Time Inc.’s Business Week, the most boring business magazine ever published.
Did I leave anyone out of my business magazine bashing binge?
I think that you left Ebony and Mad unscathed.
Oh sorry. You did say business and Mad IS probably a better business publication than some of those.
I am still getting used to having a President who stands up for Americans instead of selling them out like Obama, Clinton, and the Bushes.
Yes, MAD has more integrity than the business magazine press. At least MAD is entertaining.
This may be worthy of its own thread.
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