monitoring Trump and relevant contemporary events

Looks like american ethical standards are holding firm against trump sleaze

Just looked at the polls. In 2020 44 percent will either definitely vote for trump or consider it. But 54 percent will DEFINITELY NOT vote for him. Looks like american ethical standards are holding firm against trump sleaze

But you're correct: the president must be coddled

Thankfully, we can trust the polls because they were right on target last time.

If you wish.

Craig Holman of Public Citizen called it “refreshing.”

“Cruz and AOC willing to work together on revolving door abuses is quite a surprise, but it looks real,” he said. “They are talking about sponsoring legislation to impose a lifetime ban on members of Congress ever serving as paid lobbyists once they retire from public service. I don’t know how politically feasible this legislation would be, but it is a great starting point for some meaningful ethics reforms.”

Trump’s Mexico tariffs risk economic turmoil

President Donald Trump’s threat to impose new tariffs on Mexico unless it stops the flow of migrants into the U.S. could cause massive economic disruption ahead of the 2020 elections and doom his signature renegotiation of a North American trade deal.

Trump announced a 5% tariff on all imports from Mexico unless it takes “decisive measures” — as judged by his administration — to stem migrants entering the U.S., according to a White House statement. The tariffs would begin June 10 and scale up incrementally until they reach 25 percent on Oct. 1.

The surprise move rattled global financial markets as investors were counting on slow but steady progress toward congressional approval of the U.S.-Mexico-Canada Agreement that Trump’s team negotiated to modernize the North American Free Trade Agreement, which went into effect in 1994.

Trump’s sharply worded statement describing alleged consequences of lax border security blamed Mexico and Democrats — the two groups that have the most control over his trade deal’s fate.

These tariffs represent a de facto dismantling of Nafta, which could unite a broad coalition of manufacturers, farmers and bipartisan lawmakers against the president the year before he seeks re-election.

The Mexican peso weakened by as much as 3% after Trump’s tweets, while investors fled to the safest assets as concerns over new trade conflicts mount. The Japanese yen gained while U.S. futures tumbled and 10-year Treasury yields reached a fresh 20-month low.

By using tariffs to score political points on border security with the element of his voter base most opposed to illegal immigration, Trump jeopardizes a real legislative win and the economic growth that continues to prop up his popular approval.

Iowa Senator Chuck Grassley, the Republican chairman of the Senate Finance Committee, which has authority over trade policy, said “following through on this threat” will put the USMCA at risk, dashing the chance for Trump to fulfill one of his central campaign pledges.

“Trade policy and border security are separate issues,” Grassley said in a statement. “This is a misuse of presidential tariff authority and counter to congressional intent.

Quote:

Trump’s Mexico tariffs risk economic turmoil

President Donald Trump’s threat to impose new tariffs on Mexico unless it stops the flow of migrants into the U.S. could cause massive economic disruption ahead of the 2020 elections and doom his signature renegotiation of a North American trade deal.

Trump announced a 5% tariff on all imports from Mexico unless it takes “decisive measures” — as judged by his administration — to stem migrants entering the U.S., according to a White House statement. The tariffs would begin June 10 and scale up incrementally until they reach 25 percent on Oct. 1.

The surprise move rattled global financial markets as investors were counting on slow but steady progress toward congressional approval of the U.S.-Mexico-Canada Agreement that Trump’s team negotiated to modernize the North American Free Trade Agreement, which went into effect in 1994.

Trump’s sharply worded statement describing alleged consequences of lax border security blamed Mexico and Democrats — the two groups that have the most control over his trade deal’s fate.

These tariffs represent a de facto dismantling of Nafta, which could unite a broad coalition of manufacturers, farmers and bipartisan lawmakers against the president the year before he seeks re-election.

The Mexican peso weakened by as much as 3% after Trump’s tweets, while investors fled to the safest assets as concerns over new trade conflicts mount. The Japanese yen gained while U.S. futures tumbled and 10-year Treasury yields reached a fresh 20-month low.

By using tariffs to score political points on border security with the element of his voter base most opposed to illegal immigration, Trump jeopardizes a real legislative win and the economic growth that continues to prop up his popular approval.

Iowa Senator Chuck Grassley, the Republican chairman of the Senate Finance Committee, which has authority over trade policy, said “following through on this threat” will put the USMCA at risk, dashing the chance for Trump to fulfill one of his central campaign pledges.

“Trade policy and border security are separate issues,” Grassley said in a statement. “This is a misuse of presidential tariff authority and counter to congressional intent.

Bloomberg

Do you realize the practical effect of raising tariffs as a response to migration will be for Mexican employers to create jobs in order to get the tariffs lowered?

livinglava wrote:

Do you realize the practical effect of raising tariffs as a response to migration will be for Mexican employers to create jobs in order to get the tariffs lowered?

I don't know if rev realises it, but I'd thought until now that tariffs are import taxes that get passed on to domestic consumers.

But before, the practical effect of these tariffs was to let Mexico pay for Trump's wall. The financing for this then is apparently secured.

I wonder why the EU hasn't tried something similar to discourage migration, actually.

livinglava wrote:

I wonder why the EU hasn't tried something similar to discourage migration, actually.

There even aren't tariffs at all between EU-member countries - that's the idea of an economic union.

Do you realize the practical effect of raising tariffs as a response to migration will be for Mexican employers to create jobs in order to get the tariffs lowered?

Are you against stimulating job-creation in Mexico for some reason?

livinglava wrote:

Do you realize the practical effect of raising tariffs as a response to migration will be for Mexican employers to create jobs in order to get the tariffs lowered?

Are you against stimulating job-creation in Mexico for some reason?

US employers could just as well create jobs.

Are you against job-creation in the US for some reason?