Monday, June 25, 2018

TRADE WAR - China vs U.S.

"The trade battle with China keeps escalating.  What’s at stake for the U.S.?" PBS NewsHour 6/19/2018

Excerpt

SUMMARY:  For months, the U.S. and China have traded tit-for-tat trade threats, but the battle between the world's two largest economies escalated to new levels Tuesday.  Most recently, President Trump warned that he may impose tariffs on 90 percent of everything China exports to the U.S.  Nick Schifrin examines the potential consequences with Edward Alden from the Council on Foreign Relations.




"This Koch-funded advocacy group wants Trump to embrace free trade" PBS NewsHour 6/19/2018

WOW!  I can actually agree with Koch brothers on this!  It can snow in hell.

Excerpt

SUMMARY:  The conservative, libertarian political advocacy group [Americans for Prosperity] funded by David and Charles Koch is undertaking a multi-million dollar campaign opposing President Trump's trade policies.  John Yang talks with Tim Phillips, President of Americans for Prosperity, who says the President deserves a lot of credit for the current economy, but that the recent trade tariffs risk undermining those gains.

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