How Successful Were Trump’s Tariffs?

How Successful Were Trump’s Tariffs?

**Job Creation: On average, Trump’s tariffs destroyed jobs. But there were some winners and losers notably steel. The cost of the “winners” was $800,000 to $900,000 per job created. More jobs were lost elsewhere.
**Negotiation Leverage: Nonexistent. Trump resorts to threats so often on the flimsiest of grounds creates mistrust.
**Improve Security: No. Antagonizing allies never improves security.

Judge blocks US ban on WeChat that was set to go into effect today

Judge blocks US ban on WeChat that was set to go into effect today

A judge in California has blocked the Commerce Department’s ban on new downloads of China-based messaging app WeChat, Reuters reported Sunday. US Magistrate Judge Laurel Beeler said in her order that WeChat users showed “serious questions going to the merits of the First Amendment claim, the balance of hardships tips in the plaintiffs’ favor.”

Is Hong Kong a repeat of the CIA-sponsored Iranian coup?

Is Hong Kong a repeat of the CIA-sponsored Iranian coup?

American supremacy is now limited by the reality that it has to dismantle China’s BRI alliances with 138 countries (61.7% of the world population and 51.7% of world GDP). This is why the US and its allies are going on the offensive with sanctions, tariffs’ trade wars, technology bans, media restrictions and foreign interference under the pretext of ‘human rights’ concerns. The (c)overt’ US government interference in HKSAR affairs with aggressive support and funding for pro-independence ‘regime-change‘ recruits is just one of those disruptive policies to intensify the global anti-China sentiment that is already aggravated due to Covid-19, so as to destabilise China’s largest economic and geopolitical BRI alliances.

Updated: TRUMP APPROVES TIKTOK DEAL WITH ORACLE AND WALMART ‘IN CONCEPT’

TRUMP APPROVES TIKTOK DEAL WITH ORACLE AND WALMART ‘IN CONCEPT’

The new company, which will be called TikTok Global, has agreed to donate $5 billion to an education fund, which Trump said would satisfy his demand that the government receive a payment from the deal. “They’re going to be setting up a very large fund,” he said. “That’s their contribution that I’ve been asking for.”

Related:

ByteDance Shocked By Trump Claims TikTok Deal Partners Will Seed $5BN Federal Education Fund

Enter: A $5 billlion pledge made collectively by TikTok, Oracle, Wal-Mart and the deal’s other backers that will seed a fund dedicated toward financing American education. The fund would go toward teaching American children “the history of the real America.”

TikTok says it’s here to stay; ban from U.S. app stores delayed to September 27