2 thoughts on “Trump Aims to Please

  1. Blowback says:

    “Investors rattled as Trump considers new $100bn tariffs on China” (live updates) https://www.theguardian.com/business/live/2018/apr/06/investors-unsettled-as-trump-considers-new-100bn-tariff-on-china-business-live (“The US-China trade spat could wipe 0.5% off Chinese gross domestic product – if the US carries out its latest threats and Beijing responds.”)
    China says it will fight back ‘at any cost’ against US trade tariffs https://www.cnbc.com/2018/04/06/china-says-will-fight-back-at-any-cost-against-us-trade-tariffs.html
    How China’s Proposed Tariffs Could Impact States’ Economies http://www.governing.com/topics/finance/gov-china-tariffs-states-economies-trump.html

  2. Release The Kraken says:

    Larry Kudlow, President Donald Trump’s top economic advisor, told reporters Friday that he only found out about the latest proposed tariffs against China on Thursday night. https://www.cnbc.com/2018/04/06/larry-kudlow-just-found-out-about-new-trump-china-tariffs-last-night.html The cable news personality had previously been outspoken in opposition to Trump’s tariff plan, saying “In fact, tariff hikes are really tax hikes.” https://www.cnbc.com/2018/03/03/kudlow-mr-president-tariffs-are-really-tax-hikes.html
    “Mnuchin Says There’s ‘Level of Risk’ of U.S.-China Trade War” https://www.bloomberg.com/news/articles/2018-04-06/mnuchin-says-there-is-level-of-risk-of-u-s-china-trade-war “The Treasury secretary said he wasn’t concerned that China would retaliate by making it harder for the U.S. to finance deficits just as the administration’s tax cuts increase the federal government’s borrowing needs. China owns almost $1.2 trillion of U.S. government debt.
    “I’m not concerned about that,” Mnuchin said. “There are lots of buyers around the world for U.S. debt.”

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