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Jamie Dupree Washington Insider

    On a day of big losses on the stock markets sparked first by China levying new tariffs on imports from America, President Donald Trump wasted no time Friday afternoon in announcing higher import duties against the Chinese, plunging the two countries even deeper into an economic standoff which could have negative worldwide ramifications. 'China should not have put new Tariffs on 75 BILLION DOLLARS of United States product,' the President tweeted about an hour after the close on Wall Street, where the Dow Jones dropped over 600 points. 'Starting on October 1st, the 250 BILLION DOLLARS of goods and products from China, currently being taxed at 25%, will be taxed at 30%,' the President wrote.  'Additionally, the remaining 300 BILLION DOLLARS of goods and products from China, that was being taxed from September 1st at 10%, will now be taxed at 15%,' he added. The President also called on American companies to take their manufacturing businesses out of China, arguing that the United States was the victim of an 'unfair Trading Relationship.' 'Our great American companies are hereby ordered to immediately start looking for an alternative to China, including bringing your companies HOME and making your products in the USA,' Mr. Trump tweeted. The White House did not provide any explanation as to how the President would have the power to force U.S. companies to abandon their manufacturing operations in China. Economic experts and businesses were worried by the days events. “(T)his is a major risk as it's the economy - households and businesses - that are in play,” said Gregory Daco of Oxford Economics. “The administration's approach clearly isn't working, and the answer isn't more taxes on American businesses and consumers,” said the National Retail Federation. “Where does this end?'  “These added tariffs will ratchet up consumer prices, stall business investment, escalate uncertainty and cost American jobs,” said the pro-free trade group Tariffs Hurt the Heartland. “In just the past three years, U.S. soybean exports to China have fallen nearly 80 percent, and once these tariffs kick in, things are likely to get worse,” said Roger Johnson, the head of the National Farmers Union.  The standoff with China was a far cry from President Trump's prediction in March of 2018, when he wrote on Twitter that trade wars are 'easy to win.' As for Democrats - even though many of them would like to see the United States be more forceful with China - their answer is not retaliatory tariffs and a trade war. “Our economy is showing signs of weakening due to the president’s trade war, and these back-and-forth tariffs will only make things worse,” said Sen. Dianne Feinstein (D-CA). “The facts are clear: President Trump's destabilizing and reckless trade war is undermining growth,” said Rep. Alan Lowenthal (D-CA). “Your tariffs are hurting our country badly,” said Rep. Don Beyer (D-VA). “There's nothing funny about tanking people's retirement accounts with a failed trade war,” said Sen. Mark Warner (D-VA).
  • With the United States set to slap a new 10 percent tariff on billions of dollars in Chinese goods coming into the U.S. on September 1, the Chinese government officially retaliated on Friday, announcing its own new tariffs on American products, and denouncing President Donald Trump's get-tough actions on trade. 'The US measures have led to the continuous escalation of Sino-US economic and trade frictions, which have greatly harmed the interests of China, the United States and other countries,' the Chinese Minstry of Finance announced. The documents released by China today apply to over 5,000 categories of items imported from the United States, covering everything from diapers to pipes and cigarette holders, to a range of agricultural products like barley, wheat, oats, corn, sorghum, soybeans, peanuts, cotton, covering about $75 billion in U.S. goods. Much like a 122 page list of targeted items put out by the United States earlier this month, China issued over 100 pages of products which would face new import duties. The reaction from Congress and business groups was negative. 'This trade war is not holding China accountable,' said Sen. Mark Warner (D-VA). 'It's hurting farmers and small business owners all over the country who are just trying to earn a living.' “The fact of the matter is that nobody wins a trade war, and the continued tit-for-tat escalation between the U.S. and China is putting significant strain on the U.S. economy, raising costs, undermining investment, and roiling markets,” the U.S. Chamber of Commerce said in a statement. As for President Trump, he has not wavered in his public statements about taking on china, tariff for tariff, as one of his Friday tweets caused some shock on  the markets. “Our great American companies are hereby ordered to immediately start looking for an alternative to China,” the President wrote. “Here’s the thing: Somebody had to take on what China was doing to the United States economically,” the President told reporters this week. “We’re winning big. I took it on. And it should have been done by previous Presidents,” he added. And on Twitter Friday morning, the President expressed no concerns about the Chinese response. Asked by reporters earlier this week about the trade war with China, Mr. Trump said he was the only President who had decided to actually confront Beijing. “I am the chosen one,” the President said, as he looked skyward.
  • Before the leaders of the G7 nations had even boarded their flights for the meeting in Biarritz, France, President Donald Trump was already stirring the political pot associated with the meeting of western allies, making it clear he wants to see Russia return to the group, after being exiled in 2014 over the seizure of the Crimea from Ukraine. 'We spend a lot of time talking about Russia at those meetings,' the President told reporters this week. 'And they're not there. I think it would be a good thing if Russia were there so we can speak directly.' Russia was a member of what was then known as the 'Group of Eight' - but Moscow was booted out in 2014 after Russia seized Crimea from Ukraine. 'President Obama thought it wasn't a good thing to have Russia in,' Mr. Trump said to reporters. 'But I think it's much more appropriate to have Russia in.' But there seems to be little chance of that happening in the current political environment in Europe, especially with Russian backed forces fighting in Ukraine. During a meeting with Vladimir Putin earlier this week, French President Emmanuel Macron made clear his opposition to such a move proposed by President Trump, arguing that Russia must first address Crimea - and the ongoing proxy war pushed by Russian backed forces inside Ukraine - before any such change is made. 'In effect, the resolution of this conflict is a magic wand that will open the door for Russia to return to the G7 club,' Macron said . With the two leaders seated before reporters, Macron labeled the Ukraine situation an 'irritant' in Russian relations with the West. 'It is obvious that the return to the G8 format and normal relations with the EU requires the settlement of the Ukrainian crisis,' Macron added. Last year, the 2018 meeting of world leaders from the United States, Canada, France, Germany, Italy, Japan, and the United Kingdom, ended in odd fashion, when President Trump suddenly left the meeting early, refusing to endorse a joint communique by the leaders. In order to avoid a dispute along those lines in 2019, Macron has decided there will not be a joint communique issued by the G-7. It will be the first time since the meetings began in the 1970's that the group will not issue a statement of joint goals. White House officials previewing the President's trip said much of his focus at the G-7 will be on free, fair and reciprocal trade, as he has often criticized Canada and the European Union of unfair trade barriers to U.S. exports.
  • Back in their home districts on an extended summer break, the drip-drip sound Democrats hear is not coming from the watering the plants, but rather from the halls of the Congress, where more and more Democratic members of the House are publicly announcing their support for impeachment proceedings against President Donald Trump. A flurry of announcements were made on Thursday, as a series of Democrats said they would back an impeachment inquiry by the House Judiciary Committee, bringing the total number to 135 - more than a majority of Democrats in the House. 'I cannot ignore the call to defend our institutions, to safeguard our democratic norms, and to stand up for our democracy,' said Rep. Mark Takano (D-CA) on Thursday afternoon. A few hours earlier, Rep. William Keating of Massachusetts told his Bay State constituents that the Mueller Report left too many unanswered questions about the President, accusing the White House of stonewalling legitimate Congressional oversight. 'No person in America is above the law, including the President of the United States,' said Rep. Lauren Underwood, a freshman Democrat from Illinois. 'I support moving forward with an impeachment inquiry, which will continue to uncover the facts for the American people and hold this president accountable,' said Rep. Ben Ray Lujan (D-NM), the fourth ranking Democrat in the House.  'This is not a position I’ve reached lightly,' Lujan said earlier this week. When Democrats left town four weeks ago for their six week summer break, the number of lawmakers endorsing the start of an impeachment idea was nowhere near 100. But it's been creeping up on almost a daily basis - and more lawmakers seem likely to join in the weeks ahead.
  • Unlikely to qualify for the next debate among Democratic candidates for the White House, Gov. Jay Inslee of Washington State told supporters in an email on Wednesday night that he was dropping his bid for the Democratic Party's nomination for President, further thinning the field with just over five months until the first vote is cast. 'I want to share a tough decision with you,' Inslee said to supporters, as he cited his top priority of climate change. 'But I've concluded that my role in that effort will not be as a candidate to be the next president of the United States,' Inslee added. Earlier in the week, Inslee touted that his campaign had hit 130,000 donors - one of the qualifying requirements for the next Democratic debate in Houston. But Inslee had no chance to register at 2 percent or higher in four different polls, leaving him on the sidelines - and off the debate stage. 'As a result, I don't believe we can compete for the attention and exposure needed to have a reasonable shot at the nomination,' Inslee said. Inslee had tried hard to be the loudest voice in the party on climate change, bringing it up in both debates, and doing numerous events on the subject. But the former Congressman, and current Governor, was never able to break out of the lower tier of Democratic candidates. “I want to once again thank everyone who helped in this effort. We have so much to be proud of,” Inslee wrote to his backers.  “Make no mistake, we also have a lot more work to do.” On MSNBC Wednesday night, Inslee said it was clear this was the right choice. “I'm not going to be carrying the ball,” Inslee said in an interview.  “I'm not going to be the President, so I'm withdrawing tonight.”
  • A day after embracing the idea of a possible payroll tax cut to get more money in the hands of consumers and avoid any signs of an economic downturn, President Donald Trump reversed course on  Wednesday and said he would not pursue tax cuts, instead turning up the pressure on the Federal Reserve to cut interest rates in order to spur new economic growth. 'I'm not looking at a tax cut now, we don't need it - we have a strong economy,' the President told reporters at the White House on Wednesday before leaving for events in Kentucky. Mr. Trump specifically said he would not entertain the idea right now of indexing capital gains taxes - saying that skews to the benefit of more wealthy Americans - and would not be pressing for a payroll tax cut, something President Obama did in 2011 and 2012 as a way to help with growth. With the idea of tax cuts evidently off the table, the President instead tried to shift the burden of any economic difficulties onto the Federal Reserve, again using his bully pulpit to press the Fed to lower interest rates, complaining that interest rate hikes in 2017 and 2018 had held back on growth. 'He raised interest rates too fast, too furious,' Mr. Trump said of Federal Reserve Chair Jay Powell. “The Federal Reserve has let us down,” the President added. New notes released by the Fed on Wednesday afternoon showed members were divided on the best course for interest rates - with some wanting larger cuts as a way to spur economic growth, and insulate the U.S. from the threat of any slowdown. Some GOP lawmakers have urged the President to push for a new round of tax cuts, worried that the billions being collected in new tariffs levied by Mr. Trump have offset the benefits of Mr. Trump's 2017 tax cut package.
  • Hours after scrapping a planned state visit to Denmark in early September because Danish leaders refused to consider plans to have the United States buy the island of Greenland, President Donald Trump on Wednesday called the statements of the Prime Minister of Denmark 'nasty,' saying she had offended all Americans. 'I thought it was not a nice statement, the way she blew me off, because she's blowing off the United States,' the President said. 'She's not talking to me, she's talking to the United States of America,' Mr. Trump told reporters on the South Lawn of the White House. 'You don't talk to the United States that way,' as the President repeatedly threw transatlantic elbows at Prime Minister Mette Frederiksen. “I thought that the Prime Minister's statement that it (the sale of Greenland) was an absurd idea, was nasty,' Mr. Trump added. In Denmark, the Prime Minister did not return the President's verbal jabs, as she told reporters the visit would have been an opportunity to further broaden Danish relations with the U.S. Government. 'It was an opportunity I think to celebrate Denmark's close relationship with the U.S.,' Frederiksen said. The Queen of Denmark had invited the President and First Lady for a two day state visit in early September.
  • President Donald Trump's assertion that his 25 percent tariff on imported steel has helped to reinvigorate and rescue the American steel industry took a hit this week, as U.S. Steel told the state of Michigan that the company was laying off workers at one of its mills, with more layoffs envisioned after the end of September. But those moves by U.S. Steel paint a starkly different message from what the President has been saying. 'Those steel mills - U.S. Steel and all of them, all of them - they're expanding all over the place,' the President said last week during a visit to Pennsylvania. But in papers filed with the state of Michigan by U.S. Steel, a different picture emerges. 'The purpose of this letter is to notify you of layoffs,' U.S. Steel wrote to the Michigan Workforce Development Agency. The letter detailed the layoff of 27 part-time workers on July 21, with another 23 layoffs on August 4, with more layoffs likely to 'occur before the end of September.' 'It is anticipated that further layoffs are likely to commence on September 30, 2019 and may continue periodically thereafter based on market conditions,' the U.S. Steel communique states. Last week during a stop outside Pittsburgh, President Trump said the steel business was going downhill before his tariffs. 'Your business was dead,' Mr. Trump said bluntly. 'I don't want to be overly crude. Your business was dead.' But U.S. Steel has seen its stock price drop by over half, as the price of steel has dropped as well. 'A week ago, President Trump said his tariffs — one of the largest middle class tax hikes in history — saved the steel industry,' said 2020 Democratic Presidential candidate Beto O'Rourke. In June, U.S. Steel said it would idle one blast furnace in Michigan, and one in Gary, Indiana, citing falling steel prices and sluggish sales. 'Our economy is doing fantastically,' President Trump said on Tuesday in the Oval Office - but maybe not for those getting pink slips in the steel industry.
  • With the Prime Minister of Denmark making it clear that she was not interested in selling Greenland to the United States, labeling the idea 'absurd,' President Donald Trump said Tuesday night that he would cancel his scheduled visit to the NATO ally in early September. 'Denmark is a very special country with incredible people, but based on Prime Minister Mette Frederiksen’s comments, that she would have no interest in discussing the purchase of Greenland, I will be postponing our meeting,' the President tweeted on Tuesday evening. In interviews this week, Danish Prime Minister Mette Frederiksen had made clear that Greenland was not for sale, even as she welcomed the idea of closer relations between Denmark and the United States. But that wasn't enough for President Trump. On Sunday, President Trump had downplayed the issue as he returned to the White House. 'It’s not number one on the burner, I can tell you that,' the President told reporters when asked about the idea of buying Greenland. The decision obviously came as a surprise to U.S. diplomats in Denmark, as the U.S. Ambassador had put out a tweet a few hours earlier about the President's scheduled state visit. The President and First Lady had been invited by the Queen of Denmark earlier this summer for a two day state visit. Democrats mocked the President for canceling his stop in Denmark. “Embarrassing,” said Rep. Jackie Speier (D-CA). 'What a shame when Greenland could be covered with sand traps, water holes and lots of beautiful putting greens,' said Rep. Gerry Connolly (D-VA), referring to the President's golfing.
  • Pushing back against questions about the strength of the U.S. economy, President Donald Trump on Tuesday said the White House is looking at the possibility of tax cuts - including cutting payroll taxes for working Americans - as a way to funnel more money to consumers, and spur new growth. 'Payroll tax is something that we think about, and a lot of people would like to see that,' the President told reporters in the Oval Office, a day after some officials had said it was not an option. But while the President indicated his support for tax relief, he also once more pointed the finger at the Federal Reserve, again jawboning the Fed for another interest rate cut. 'And if they would do a meaningful cut - because they raised too fast - you would see growth like you've never seen in this country,' Mr. Trump said, in yet another verbal jab at Jay Powell, the head of the Federal Reserve. Asked about the ongoing trade fight with China, the President acknowledged that there could be short term economic pain for some U.S businesses - but he said it's a battle which cannot be delayed any longer. 'Whether it's good or bad short term is irrelevant,' Mr. Trump said. 'We have to solve the problem with China.' 'You should be happy that I'm fighting this battle,' the President told reporters, as he said too many past Presidents had taken the easy way out by not confronting Beijing over unfair trade practices. The President said he still believes the U.S. is in a strong negotiating position, as a new 10 percent tariff will go into effect on September 1 against an array of imports. Mr. Trump last week though delayed some of those new tariffs on certain electronics like cell phones and video games, after being warned the import duties could cause lower holiday sales.
  • A single blood test may be able to detect your risk of dying within five to 10 years. That’s according to new research published this week in the journal Nature Communications, for which scientists in the Netherlands examined blood sample data on 44,168 Europeans ages 18 to 109 from 12 cohorts. More than 5,500 participants died during follow-up studies. When looking through the data, lead researcher Eline Slagboom and her team identified 14 biomarkers in the blood independently associated with “all-cause mortality.” These biomarkers, which are “involved in various processes, such as lipoprotein and fatty acid metabolism, glycolysis, fluid balance, and inflammation,” ultimately help determine one’s score (or risk) of dying within five to 10 years. “Such a score,” study authors wrote, “could potentially be used in clinical practice to guide treatment strategies, for example when deciding whether an elderly person is too fragile for an invasive operation.” But how well can those 14 biomarkers actually predict risk of death? To find out, the scientists also compared their data with a 1997 cohort in Finland. According to data on more than 7,600 Finnish individuals (1,213 of whom had died during follow-up), the 14 biomarkers initially examined predicted patient deaths within five to 10 years with approximately 83% accuracy, according to the study. This suggests the biomarkers “clearly improve risk prediction of five and 10-year mortality as compared to conventional risk factors across all ages,” study authors wrote. Conventional risk factors, such as systolic blood pressure and total cholesterol, typically have a mortality prediction accuracy of 78% to 79%. Still, further research is certainly needed before a blood test based on the 14 biomarkers is used in clinical settings. Because the data used in the study comes from a variety of cohorts, future efforts should focus on creating a biomarker score based on individual-level data. Read the full study at nature.com.
  • A federal judge has placed the man at the center of the John Grisham book 'The Innocent Man' on the path to potential freedom. Karl Fontenot’s story was also made into a Netflix documentary series. U.S. District Judge James Payne, of Muskogee, ruled there is reasonable doubt that Fontenot should have been convicted in 1988 in the kidnapping and killing of Ada convenience store clerk Denice Haraway in 1984.  Judge Payne's opinion discusses alleged misconduct by police, investigators and prosecutors. Fontenot and co-defendant Tommy Ward were convicted in Haraway's murder in part due to a recording of them talking about dreams they had about her murder.
  • On a day of big losses on the stock markets sparked first by China levying new tariffs on imports from America, President Donald Trump wasted no time Friday afternoon in announcing higher import duties against the Chinese, plunging the two countries even deeper into an economic standoff which could have negative worldwide ramifications. 'China should not have put new Tariffs on 75 BILLION DOLLARS of United States product,' the President tweeted about an hour after the close on Wall Street, where the Dow Jones dropped over 600 points. 'Starting on October 1st, the 250 BILLION DOLLARS of goods and products from China, currently being taxed at 25%, will be taxed at 30%,' the President wrote.  'Additionally, the remaining 300 BILLION DOLLARS of goods and products from China, that was being taxed from September 1st at 10%, will now be taxed at 15%,' he added. The President also called on American companies to take their manufacturing businesses out of China, arguing that the United States was the victim of an 'unfair Trading Relationship.' 'Our great American companies are hereby ordered to immediately start looking for an alternative to China, including bringing your companies HOME and making your products in the USA,' Mr. Trump tweeted. The White House did not provide any explanation as to how the President would have the power to force U.S. companies to abandon their manufacturing operations in China. Economic experts and businesses were worried by the days events. “(T)his is a major risk as it's the economy - households and businesses - that are in play,” said Gregory Daco of Oxford Economics. “The administration's approach clearly isn't working, and the answer isn't more taxes on American businesses and consumers,” said the National Retail Federation. “Where does this end?'  “These added tariffs will ratchet up consumer prices, stall business investment, escalate uncertainty and cost American jobs,” said the pro-free trade group Tariffs Hurt the Heartland. “In just the past three years, U.S. soybean exports to China have fallen nearly 80 percent, and once these tariffs kick in, things are likely to get worse,” said Roger Johnson, the head of the National Farmers Union.  The standoff with China was a far cry from President Trump's prediction in March of 2018, when he wrote on Twitter that trade wars are 'easy to win.' As for Democrats - even though many of them would like to see the United States be more forceful with China - their answer is not retaliatory tariffs and a trade war. “Our economy is showing signs of weakening due to the president’s trade war, and these back-and-forth tariffs will only make things worse,” said Sen. Dianne Feinstein (D-CA). “The facts are clear: President Trump's destabilizing and reckless trade war is undermining growth,” said Rep. Alan Lowenthal (D-CA). “Your tariffs are hurting our country badly,” said Rep. Don Beyer (D-VA). “There's nothing funny about tanking people's retirement accounts with a failed trade war,” said Sen. Mark Warner (D-VA).
  • The Trump campaign has a message for its female supporters: It’s time to come out of hiding. “There’s a lot of people that are fearful of expressing their support, and I want you ladies to know it’s OK to have felt that way, but we need to move past that or the Democrats win,” said Tana Goertz, a Trump campaign adviser, at an Iowa “Women for Trump” event on Thursday. The Iowa event, held in the back room of a barbecue joint in a Des Moines suburb, was one of more than a dozen in battleground states nationwide as part of a push to make the president’s case on the economy and train volunteers. The move is a recognition of the president’s persistent deficit with women — an issue that has the potential to sink his chances for reelection. Over the course of his presidency and across public opinion polls, women have been consistently less supportive of President Donald Trump than men have. Suburban women in particular rejected Republicans in the 2018 midterm by margins that set off alarms for the party and the president. Trump himself called into a gathering of hundreds in Tampa, Florida, and insisted, to cheers: “We’re doing great with women, despite the fake news.”
  • With the United States set to slap a new 10 percent tariff on billions of dollars in Chinese goods coming into the U.S. on September 1, the Chinese government officially retaliated on Friday, announcing its own new tariffs on American products, and denouncing President Donald Trump's get-tough actions on trade. 'The US measures have led to the continuous escalation of Sino-US economic and trade frictions, which have greatly harmed the interests of China, the United States and other countries,' the Chinese Minstry of Finance announced. The documents released by China today apply to over 5,000 categories of items imported from the United States, covering everything from diapers to pipes and cigarette holders, to a range of agricultural products like barley, wheat, oats, corn, sorghum, soybeans, peanuts, cotton, covering about $75 billion in U.S. goods. Much like a 122 page list of targeted items put out by the United States earlier this month, China issued over 100 pages of products which would face new import duties. The reaction from Congress and business groups was negative. 'This trade war is not holding China accountable,' said Sen. Mark Warner (D-VA). 'It's hurting farmers and small business owners all over the country who are just trying to earn a living.' “The fact of the matter is that nobody wins a trade war, and the continued tit-for-tat escalation between the U.S. and China is putting significant strain on the U.S. economy, raising costs, undermining investment, and roiling markets,” the U.S. Chamber of Commerce said in a statement. As for President Trump, he has not wavered in his public statements about taking on china, tariff for tariff, as one of his Friday tweets caused some shock on  the markets. “Our great American companies are hereby ordered to immediately start looking for an alternative to China,” the President wrote. “Here’s the thing: Somebody had to take on what China was doing to the United States economically,” the President told reporters this week. “We’re winning big. I took it on. And it should have been done by previous Presidents,” he added. And on Twitter Friday morning, the President expressed no concerns about the Chinese response. Asked by reporters earlier this week about the trade war with China, Mr. Trump said he was the only President who had decided to actually confront Beijing. “I am the chosen one,” the President said, as he looked skyward.

Washington Insider

  • On a day of big losses on the stock markets sparked first by China levying new tariffs on imports from America, President Donald Trump wasted no time Friday afternoon in announcing higher import duties against the Chinese, plunging the two countries even deeper into an economic standoff which could have negative worldwide ramifications. 'China should not have put new Tariffs on 75 BILLION DOLLARS of United States product,' the President tweeted about an hour after the close on Wall Street, where the Dow Jones dropped over 600 points. 'Starting on October 1st, the 250 BILLION DOLLARS of goods and products from China, currently being taxed at 25%, will be taxed at 30%,' the President wrote.  'Additionally, the remaining 300 BILLION DOLLARS of goods and products from China, that was being taxed from September 1st at 10%, will now be taxed at 15%,' he added. The President also called on American companies to take their manufacturing businesses out of China, arguing that the United States was the victim of an 'unfair Trading Relationship.' 'Our great American companies are hereby ordered to immediately start looking for an alternative to China, including bringing your companies HOME and making your products in the USA,' Mr. Trump tweeted. The White House did not provide any explanation as to how the President would have the power to force U.S. companies to abandon their manufacturing operations in China. Economic experts and businesses were worried by the days events. “(T)his is a major risk as it's the economy - households and businesses - that are in play,” said Gregory Daco of Oxford Economics. “The administration's approach clearly isn't working, and the answer isn't more taxes on American businesses and consumers,” said the National Retail Federation. “Where does this end?'  “These added tariffs will ratchet up consumer prices, stall business investment, escalate uncertainty and cost American jobs,” said the pro-free trade group Tariffs Hurt the Heartland. “In just the past three years, U.S. soybean exports to China have fallen nearly 80 percent, and once these tariffs kick in, things are likely to get worse,” said Roger Johnson, the head of the National Farmers Union.  The standoff with China was a far cry from President Trump's prediction in March of 2018, when he wrote on Twitter that trade wars are 'easy to win.' As for Democrats - even though many of them would like to see the United States be more forceful with China - their answer is not retaliatory tariffs and a trade war. “Our economy is showing signs of weakening due to the president’s trade war, and these back-and-forth tariffs will only make things worse,” said Sen. Dianne Feinstein (D-CA). “The facts are clear: President Trump's destabilizing and reckless trade war is undermining growth,” said Rep. Alan Lowenthal (D-CA). “Your tariffs are hurting our country badly,” said Rep. Don Beyer (D-VA). “There's nothing funny about tanking people's retirement accounts with a failed trade war,” said Sen. Mark Warner (D-VA).
  • With the United States set to slap a new 10 percent tariff on billions of dollars in Chinese goods coming into the U.S. on September 1, the Chinese government officially retaliated on Friday, announcing its own new tariffs on American products, and denouncing President Donald Trump's get-tough actions on trade. 'The US measures have led to the continuous escalation of Sino-US economic and trade frictions, which have greatly harmed the interests of China, the United States and other countries,' the Chinese Minstry of Finance announced. The documents released by China today apply to over 5,000 categories of items imported from the United States, covering everything from diapers to pipes and cigarette holders, to a range of agricultural products like barley, wheat, oats, corn, sorghum, soybeans, peanuts, cotton, covering about $75 billion in U.S. goods. Much like a 122 page list of targeted items put out by the United States earlier this month, China issued over 100 pages of products which would face new import duties. The reaction from Congress and business groups was negative. 'This trade war is not holding China accountable,' said Sen. Mark Warner (D-VA). 'It's hurting farmers and small business owners all over the country who are just trying to earn a living.' “The fact of the matter is that nobody wins a trade war, and the continued tit-for-tat escalation between the U.S. and China is putting significant strain on the U.S. economy, raising costs, undermining investment, and roiling markets,” the U.S. Chamber of Commerce said in a statement. As for President Trump, he has not wavered in his public statements about taking on china, tariff for tariff, as one of his Friday tweets caused some shock on  the markets. “Our great American companies are hereby ordered to immediately start looking for an alternative to China,” the President wrote. “Here’s the thing: Somebody had to take on what China was doing to the United States economically,” the President told reporters this week. “We’re winning big. I took it on. And it should have been done by previous Presidents,” he added. And on Twitter Friday morning, the President expressed no concerns about the Chinese response. Asked by reporters earlier this week about the trade war with China, Mr. Trump said he was the only President who had decided to actually confront Beijing. “I am the chosen one,” the President said, as he looked skyward.
  • Before the leaders of the G7 nations had even boarded their flights for the meeting in Biarritz, France, President Donald Trump was already stirring the political pot associated with the meeting of western allies, making it clear he wants to see Russia return to the group, after being exiled in 2014 over the seizure of the Crimea from Ukraine. 'We spend a lot of time talking about Russia at those meetings,' the President told reporters this week. 'And they're not there. I think it would be a good thing if Russia were there so we can speak directly.' Russia was a member of what was then known as the 'Group of Eight' - but Moscow was booted out in 2014 after Russia seized Crimea from Ukraine. 'President Obama thought it wasn't a good thing to have Russia in,' Mr. Trump said to reporters. 'But I think it's much more appropriate to have Russia in.' But there seems to be little chance of that happening in the current political environment in Europe, especially with Russian backed forces fighting in Ukraine. During a meeting with Vladimir Putin earlier this week, French President Emmanuel Macron made clear his opposition to such a move proposed by President Trump, arguing that Russia must first address Crimea - and the ongoing proxy war pushed by Russian backed forces inside Ukraine - before any such change is made. 'In effect, the resolution of this conflict is a magic wand that will open the door for Russia to return to the G7 club,' Macron said . With the two leaders seated before reporters, Macron labeled the Ukraine situation an 'irritant' in Russian relations with the West. 'It is obvious that the return to the G8 format and normal relations with the EU requires the settlement of the Ukrainian crisis,' Macron added. Last year, the 2018 meeting of world leaders from the United States, Canada, France, Germany, Italy, Japan, and the United Kingdom, ended in odd fashion, when President Trump suddenly left the meeting early, refusing to endorse a joint communique by the leaders. In order to avoid a dispute along those lines in 2019, Macron has decided there will not be a joint communique issued by the G-7. It will be the first time since the meetings began in the 1970's that the group will not issue a statement of joint goals. White House officials previewing the President's trip said much of his focus at the G-7 will be on free, fair and reciprocal trade, as he has often criticized Canada and the European Union of unfair trade barriers to U.S. exports.
  • Back in their home districts on an extended summer break, the drip-drip sound Democrats hear is not coming from the watering the plants, but rather from the halls of the Congress, where more and more Democratic members of the House are publicly announcing their support for impeachment proceedings against President Donald Trump. A flurry of announcements were made on Thursday, as a series of Democrats said they would back an impeachment inquiry by the House Judiciary Committee, bringing the total number to 135 - more than a majority of Democrats in the House. 'I cannot ignore the call to defend our institutions, to safeguard our democratic norms, and to stand up for our democracy,' said Rep. Mark Takano (D-CA) on Thursday afternoon. A few hours earlier, Rep. William Keating of Massachusetts told his Bay State constituents that the Mueller Report left too many unanswered questions about the President, accusing the White House of stonewalling legitimate Congressional oversight. 'No person in America is above the law, including the President of the United States,' said Rep. Lauren Underwood, a freshman Democrat from Illinois. 'I support moving forward with an impeachment inquiry, which will continue to uncover the facts for the American people and hold this president accountable,' said Rep. Ben Ray Lujan (D-NM), the fourth ranking Democrat in the House.  'This is not a position I’ve reached lightly,' Lujan said earlier this week. When Democrats left town four weeks ago for their six week summer break, the number of lawmakers endorsing the start of an impeachment idea was nowhere near 100. But it's been creeping up on almost a daily basis - and more lawmakers seem likely to join in the weeks ahead.
  • Unlikely to qualify for the next debate among Democratic candidates for the White House, Gov. Jay Inslee of Washington State told supporters in an email on Wednesday night that he was dropping his bid for the Democratic Party's nomination for President, further thinning the field with just over five months until the first vote is cast. 'I want to share a tough decision with you,' Inslee said to supporters, as he cited his top priority of climate change. 'But I've concluded that my role in that effort will not be as a candidate to be the next president of the United States,' Inslee added. Earlier in the week, Inslee touted that his campaign had hit 130,000 donors - one of the qualifying requirements for the next Democratic debate in Houston. But Inslee had no chance to register at 2 percent or higher in four different polls, leaving him on the sidelines - and off the debate stage. 'As a result, I don't believe we can compete for the attention and exposure needed to have a reasonable shot at the nomination,' Inslee said. Inslee had tried hard to be the loudest voice in the party on climate change, bringing it up in both debates, and doing numerous events on the subject. But the former Congressman, and current Governor, was never able to break out of the lower tier of Democratic candidates. “I want to once again thank everyone who helped in this effort. We have so much to be proud of,” Inslee wrote to his backers.  “Make no mistake, we also have a lot more work to do.” On MSNBC Wednesday night, Inslee said it was clear this was the right choice. “I'm not going to be carrying the ball,” Inslee said in an interview.  “I'm not going to be the President, so I'm withdrawing tonight.”