Trump's tariff threat: magical thinking dressed up as policy-making


READ MORE

In Trump’s mind, tariffs will not only bring back manufacturing jobs from Mexico but also stop drug trafficking and illegal migration.


This is magical thinking dressed up as policy-making, and it’s alarming the President’s usual business and political allies.


Glenn Hamer, the chief executive of the Arizona Chamber of Commerce and Industry, said the new tariff was “a prescription for a self-induced economic slowdown”.


“The president’s announcement is baffling and, if carried out, will be terribly damaging,” he said.


Republican Senator Charles Grassley slammed it as “a misuse of presidential tariff authority”.


Article source: http://feedproxy.google.com/~r/sbsnews-topstories/~3/O5z3TUc4vLM/moment-of-truth-for-macron-in-yellow-vest-showdown

Comments

Post a Comment

Popular posts from this blog

One Nation's Malcolm Roberts wants migration rate more than halved

Image
READ MORE Australia’s yearly intake of skilled migrants and their families should be radically cut to just 70,000, according to One Nation’s top Senate candidate in Queensland. The current cap has been set at 190,000 since 2011, but the actual intake fell to its lowest level in a decade under the Coalition government  during the past financial year, with just 163,000 permanent arrivals. Mr Roberts will lead the One Nation ticket in the Senate in the party’s traditional stronghold state of Queensland at the next federal election, which is due to take place by May. He was ejected from parliament earlier in the year when the High Court found he held a dual citizenship, in breach of Section 44 of the Constitution. Party leader Pauline Hanson has a six-year term and her seat will not be in contested. One Nation is known for its anti-immigration policies, but will need to compete with rivals like Katter’s Australia Party, whose members have called for a public vote on a potential return to
Read more

World Cup Central: Dhoni, Akhtar, Botham in All Blacks all-time cricket XV

READ MORE Facebook Twitter Facebook Messenger Pinterest Email print World Cup fever has crossed platforms. There was Harry Kane sneaking into India’s training sessions to meet Virat Kohli. And now there’s the All Blacks picking a XV made up of past and present cricketers. With the @cricketworldcup underway in England, we’ve taken a look at all the best players from past and present to select the ultimate Cricket XV! SQUAD NOTES https://t.co/B3rnj5OBuJ #CWC19 pic.twitter.com/KuUtPU77PT — All Blacks (@AllBlacks) June 2, 2019 And they’ve got some pretty cool reasons for picking some pretty cool players. Curtly Ambrose : If anyone wants to argue with this selection then take it up with Sir Curtly himself. We dare you. MS Dhoni : The Richie McCaw of Cricket. Enough said. Dwayne Leverock : Famous for his one-handed catch at the 2003 World Cup, the 130kg Bermudian would surely make just as big a splash on the rugby field. Jofra Archer runs in to bowl  Getty Images June 1 Archer the fastes
Read more

Stevie J Accuses Ex Joseline Of Alienating Him From Daughter, 2, & Moving To Miami With Another Man

Image
READ MORE ‘LHH’ star Stevie J is battling his ex Joseline Hernandez over their daughter Bonnie Bella, 2. The music producer’s going after full custody of the toddler – and he wants child support. Stevie J , 47, is accusing Joseline Hernandez , 32, of preventing him from seeing his daughter Bonnie Belle Hernandez , 2, in the latest round in their custody battle. In court papers filed on May 14, the Love Hip Hop: Atlanta star accused his ex of engaging in “parental alienation” and of living part-time with a “male companion” in Miami. It was only a year ago that Stevie and Joseline reached a prior custody agreement after a long court battle over Bonnie Bella. They agreed to joint physical custody of the toddler with Joseline retaining primary custody. But now, Stevie has changed his mind. In court papers, which were obtained by HollywoodLife , Stevie accuses Joseline of purposely blocking him from seeing his two-year-old daughter. “The respondent (Joseline) has engaged in acts of parent
Read more