❝ Until recently, President Donald Trump’s waving of the trade-war stick at China and various allies has generally elicited stock-market yawns. But Trump’s new tariffs on Chinese goods today may have been a hot pot of coffee. China fired back with massive tariffs of its own, and Trump has threatened to retaliate for China’s retaliation.
❝ Suddenly the trade wars seem to matter a bit more to stocks; the S&P 500 fell about one percent before recovering at the end of the day. And trade wars matter in some quarters more than others. Qualcomm’s pending merger with NXP Semiconductors NV is suddenly complicated, notes Alex Webb. China’s government is telling big U.S. companies doing business in China to “buckle up” should Trump follow through on his anti-trade vows.
And, yeah, want to buy the latest version of your father’s favorite Buick? The ENVISION SUV is their most popular model in the GOUSA and – courtesy of the Dotard-in-Chief – you can tack another $8,000 onto the price tag.
Ross D. Franklin/AP
❝ The Trump administration is looking to build tent cities at military posts around Texas to shelter the increasing number of unaccompanied migrant children being held in detention.
The Department of Health and Human Services will visit Fort Bliss, a sprawling Army base near El Paso in the coming weeks to look at a parcel of land where the administration is considering building a tent city to hold between 1,000 and 5,000 children, according to U.S. officials and other sources familiar with the plans.
HHS officials confirmed that they’re looking at the Fort Bliss site along with Dyess Air Force Base in Abilene and Goodfellow AFB in San Angelo for potential use as temporary shelters.
❝ The aggressive plan comes at the same time that child shelters are filling up with more children who have been separated from their parents. The number of migrant children held in U.S. government custody without their parents has increased more than 20 percent as Attorney General Jeff Sessions and Homeland Security Secretary Kirstjen Nielsen rolled out the administration’s new policy zero tolerance policy that separates children from their parents who now face prosecution.
Republican “family values” really warm the cockles of your heart. RTFA and realize the cruelty of this practice extends to ripping off taxpayers for increased costs, as well.