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that guy in AZ Wrote:China says that trade talks with the United States will be held in D.C. in October. Since details about the tariffs change on a fairly regular basis, there is no guarantee that the trades will actually be held. Since they will be in D.C., do you supposed they'll stay at the Trump International Hotel? 
https://www.aljazeera.com/ajimpact/china-trade-talks-held-october-190905021038225.html Just like all the other things, again nothing but lies. If I was China I would negate him until after the elections; he can't win if he has no China deal; the Chinese know this and will use it.
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Thank God that there at least SOME rational world leaders left. I'd count Justin Trudeau, Emmanuel Macron and Angela Merkel on that list. The Italians just tossed out their far right leader, but the U.K. is getting to be as bad as Trumpland. With a little luck, Netenyahu will get tossed on September 17. Putin got 77% of the vote in the 2018 presidential election, so he will still be around for a while yet. Merkel is the first world leader to visit China since the end of the "troubles" in Hong Kong, and is in China specifically to iron out some of the issues with the tariff battle between China and the United States. This morning, she said that trade problems between China and the United States affect the whole world and that she hopes they will be resolved soon. aljazeera.com/ajimpact/merkel-focuses-t...
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Tariffs imposed by President Trump have so far cost U.S. corporations $34 billion, according to data compiled by Tariffs Hurt the Heartland — a coalition of businesses and trade groups that oppose the tariffs — provided first to Axios. Why it matters: Trade negotiations are set to resume Thursday, and corporate America is hoping the U.S. and China — whose tit-for-tat battle has cost companies the most — strike a truce. But things aren't looking great: China is censoring access to NBA games, the U.S. is blacklisting certain Chinese companies and U.S. companies fear the impact of tariffs on holiday season sales. By the numbers: The $34 billion hit that U.S. companies have taken from the Trump tariffs doesn't include the 15% tax on $112 billion worth of Chinese imports — including clothes and shoes — that went into effect on Sept. 1. - Next week: U.S. tariffs on $250 billion worth of Chinese goods are scheduled to rise to 30% from 25%.
- While consumer confidence remains at elevated levels, Tariffs Hurt the Heartland points to Wall Street research that projects households would see costs rise by $1,000 after the most recent round of tariffs takes effect — offsetting the benefit consumers got from the tax cuts.
- In the meantime, economists fear the trade war is weighing on the global economy — and the could be the catalyst for a recession in the U.S.
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Democrat
Colorado Springs, CO
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Bloomberg, December 18, 2019: Trump’s Tariffs Revived a Steel Town, But Industry Is Unforgiving As Bloomberg notes, "U.S. Steel’s furnaces in Granite City, Illinois, are burning again. No one knows how long they will stay lit." The Trump 25 percent tariff on imported steel gave a reprieve to US Steel's Granite City steel mill that had closed and then reopened after Trump's tariffs went into effect. However, the Granite City steel mill's days are numbered. It was built in 1921 and is inefficient compared to the many nimbler and more efficient "mini-steel" mills that have opened up in the southern USA where labor is also cheaper and non-unionized. Another factor that does not bode well for the Granite City mill that Trump touts and brags about at every opportunity is that there is a glut of steel on the market right now despite the Trump tariffs and "booming economy". Prices of steel are down 40 percent from the 2018 highs after Trump's tariffs were announced. Like all manufacturing in the so called "Rust Belt", simply reviving old plants without investing in new more efficient technologies is not going to cut it. Rusty old plants and mills cannot compete in the long run. It's also why much of the auto industry manufacturing continues to slowly move away from Michigan and Ohio to other US states...and Mexico.
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