Simple-minded cheerleading for Trump's trade war on Fox & Friends this morning

B

Bourbon

In Yo Face!
Fox & Friends just now on Trump's trade war:

1) "I love that he's doing this"
2) "I support President Trump's hard stand"
3) "He is good at this. He is great at this."
4) "The president is on your side"



Meanwhile, Mid-West Farmers just got Fucked in The Ass by Trump ... how you didn't spend your little Tax Windfall

Stock futures plunge, with the Dow set for a nearly 500 point drop, after China announces tariffs

Source: CNBC

U.S. stock index futures tumbled ahead of Wednesday's open, as concerns over a potential trade war between the U.S. and China intensified.

Around 7:30 a.m. ET, Dow Jones industrial average futures indicated a drop of 460 points at the start of trading in New York. The Nasdaq 100 and the S&P 500 futures also indicated heavy losses at the open for their respective markets.

The moves in premarket trade come as China announced brand-new tariffs on 106 U.S. products, including cars, whiskey, aerospace and defense, and soybeans.

"I think the market is just concerned about this thing escalating right now," James Paulsen, chief investment strategist at The Leuthold Group, told CNBC's "Squawk Box." "It's not so bad if we have a few tariffs on a few products, but if it escalates worldwide, … then you're really threatening the recovery globally."



Read more: https://www.cnbc.com/2018/04/04/us-stock-futures-dow-data-trade-tech-and-politics-in-focus.html

China retaliates, slaps duties on U.S. soybeans, planes; markets skid

Source: Reuters

U.S.-made goods that appear to face added tariffs in China based, on an analysis of Beijing’s list, include Tesla electric cars, Ford’s Lincoln auto models, Gulfstream jets made by General Dynamics and Brown-Forman Corp’s Jack Daniel’s whiskey.

Unlike Washington’s list, which was filled with many obscure industrial items, China’s list strikes at signature U.S. exports, including soybeans, frozen beef, cotton and other key agricultural commodities produced in states from Iowa to Texas that voted for Donald Trump in the 2016 presidential election.

While Washington targeted products that benefit from Chinese industrial policy, including its “Made in China 2025” initiative to replace advanced technology imports with domestic products in strategic industries such as advanced IT and robotics, Beijing’s appears aimed at inflicting political damage.

Tobacco and whiskey, for example, are both on Beijing’s list and are produced in states including Kentucky, home of Senate Majority Leader Mitch McConnell.

Read more: https://www.reuters.com/article/us-...-s-soybeans-planes-markets-skid-idUSKCN1HB0G6


 
[h=1]American Farmers Reportedly Horrified by Trumps Tariffs[/h]
Iowa is America’s top pork producer, and already some estimate that 10 percent of the state’s farms will probably fail in the coming year.

Workers have begun comparing the situation to the 1980s farm crisis, the industry’s worst period since the Great Depression. Trump’s tariffs haven’t thrilled a lot of farmworkers in the state — the Iowa Soybean Association, in fact, just attacked them as an “immediate and grave threat” to the industry, arguing, “No winners emerge from a trade war and that’s particularly true when it involves food and nutrition.”

Trump, of course, ran on a platform of “saving” America’s farms, yet the situation looks increasingly bleak for farmers: Besides the tariffs, little has been done to help declining crop prices, and according to a recent NPR report, the “outlook for the next year is so bleak, it’s heightening worries — especially in the Northeast — about farmer suicides.”

http://www.grubstreet.com/2018/04/american-farmers-are-horrified-by-trumps-tariffs.html
 
Trumptards and Repugnants specialize in simple minded cheerleading.

They have no core values outside of cutting corporate taxes and environmental regulations, keeping guns available to any goofball who wants to mow down crowds of innocent people and blocking immigration by non-white people.

Simple-minded cheerleading is all they've got.
 
Bourbon said:
Fox & Friends just now on Trump's trade war:

1) "I love that he's doing this"
2) "I support President Trump's hard stand"
3) "He is good at this. He is great at this."
4) "The president is on your side"



Meanwhile, Mid-West Farmers just got Fucked in The Ass by Trump ... how you didn't spend your little Tax Windfall

Stock futures plunge, with the Dow set for a nearly 500 point drop, after China announces tariffs

Source: CNBC

U.S. stock index futures tumbled ahead of Wednesday's open, as concerns over a potential trade war between the U.S. and China intensified.

Around 7:30 a.m. ET, Dow Jones industrial average futures indicated a drop of 460 points at the start of trading in New York. The Nasdaq 100 and the S&P 500 futures also indicated heavy losses at the open for their respective markets.

The moves in premarket trade come as China announced brand-new tariffs on 106 U.S. products, including cars, whiskey, aerospace and defense, and soybeans.

"I think the market is just concerned about this thing escalating right now," James Paulsen, chief investment strategist at The Leuthold Group, told CNBC's "Squawk Box." "It's not so bad if we have a few tariffs on a few products, but if it escalates worldwide, … then you're really threatening the recovery globally."



Read more: https://www.cnbc.com/2018/04/04/us-stock-futures-dow-data-trade-tech-and-politics-in-focus.html

China retaliates, slaps duties on U.S. soybeans, planes; markets skid

Source: Reuters

U.S.-made goods that appear to face added tariffs in China based, on an analysis of Beijing’s list, include Tesla electric cars, Ford’s Lincoln auto models, Gulfstream jets made by General Dynamics and Brown-Forman Corp’s Jack Daniel’s whiskey.

Unlike Washington’s list, which was filled with many obscure industrial items, China’s list strikes at signature U.S. exports, including soybeans, frozen beef, cotton and other key agricultural commodities produced in states from Iowa to Texas that voted for Donald Trump in the 2016 presidential election.

While Washington targeted products that benefit from Chinese industrial policy, including its “Made in China 2025” initiative to replace advanced technology imports with domestic products in strategic industries such as advanced IT and robotics, Beijing’s appears aimed at inflicting political damage.

Tobacco and whiskey, for example, are both on Beijing’s list and are produced in states including Kentucky, home of Senate Majority Leader Mitch McConnell.

Read more: https://www.reuters.com/article/us-...-s-soybeans-planes-markets-skid-idUSKCN1HB0G6


Click to expand...

Never be surprised when fools act foolish. They cannot help it.
 
The Fox idiots were doing their propaganda jobs while Kudlow was telling the market that there would likely be no tariffs or a trade war. Trumps staff has a full time job straightening out what Trump says and trying to mitigate the damage he causes. Fox has to lie and folllow trumps lead while totally ignoring what really happens because of him. They know that their fan base will not encounter other viewpoints or the facts.
 
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