Between hearings for a new Supreme Court justice and negative publications from insiders from Bob Woodward and the New York Times, Dictator Donald Trump (DDT) had time to add to his downward spiral.
DDT declares a tariff every time that he goes into a rage with news about his Russian connections, mental state, and other disasters. Today he announced taxes on another $267 billion in goods from China which would fine all Chinese exports to the U.S. As usual, stocks started going down after the announcement. If he carries out his threat, Chinese retaliation would take prices in the U.S. to a higher level of inflation. A month ago, DDT bragged about his reduction in the trade deficit for the second quarter of 2018, but he’s been quiet about the increase in the past two months—7.3 percent in June and 9 percent in July.
A government shutdown can be just 24…
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