tariffs

Even Establishment Stooges Are Sensing A Wave. By The First Wednesday In November They'll Be Certain

As we noted on Tuesday, the PA-18 special election 4 days from now, should be easy-peasy for the GOP. But they're on track to spend 40 times more money on this race than the Democrats! The PVI is R+11 and it's a district where McCain beat Obama 55-44%, Romney beat Obama 58-41% and then Trump eviscerated Clinton 58.1% to 38.5%.

EU ‘ready’ to slap tariffs on US products

US industry will likely take a hit, some argue as top economic advisor to the White House resigns.
US manufacturers fear a global backlash and trade war which could hurt jobs and local output [Xinhua]
 
Late on Wednesday, the European Commission issued a press release in which it stated that it hoped Europe would be exempt from the aluminum and steel tariffs suggested by US President Donald Trump.

Porkins Policy Radio episode 133 JP Sottile on Kushner and Tariffs, Chuck Ochelli on AFRICOM and China

In the first hour JP Sottile of News Vandal joins me to discuss the latest political machinations in Washington DC. We begin with the latest developments regarding Trump lackey Jared Kushner. JP and I talk about his recent loss of Top Secret security clearance and what this may or may not mean going forward. JP then discusses the latest revelations about Kushner and his ties to both Qatar and the UAE.

China warns of effect of Trump’s protectionism

China has warned the US not to adapt protectionist measures to global trade [Image: Archives]
China has warned the international community not to follow in US President Donald Trump’s footsteps and impose trade tariffs.
Officials in Beijing have called on the US to practice restraint on protectionist measures, and to comply with multilateral trade provisions.

Too Many Multimillionaires In Congress? How Many Are Too Many? How Rich Is Too Rich?

In 2014 the Center for Responsive Politics analyzed the personal financial disclosure data from 2012 of the 534 then-current members of Congress and found that, for the first time, more than half had an average net worth of $1 million or more: 268 to be exact, up from 257 the year earlier. All those rich people... do they understand what most Americans go through? Can they even begin to understand?

It's Likely Trump's Desire For A Trade War Will Set Off A Devastating Recession

Trump seems to not be enjoying the reaction to his twitter war against Mika Brzezinski, which underlays his irrational and primitive fear of women snd especially their menstrual cycles. He tried to quickly move on from wars against women media personalities to one of his other favorite childish ideas-- trade wars.

The Log Tax Is Harming Both Americans and Canadians

I was in Vancouver barely a week after President Trump’s imposition of 20% tariffs on logs imported from Canada. It was also just days before elections that would determine which party controlled the British Columbia Legislature and, thereby, who would serve as the province’s next Premier.
The timing was superb for enjoying the sites of Vancouver but not so good for Trump’s tariffs. Incumbent Premier Christy Clark suggested retaliation in the form of restrictions or an outright ban on thermal coal from the U.S.