At midnight Eastern Time on Thursday night/Friday morning, the US imposed tariffs on $34 billion worth of Chinese imports with another $16 billion expected soon. The Chinese will retaliate immediately. It's interesting to see relatively little stock market reaction, though the recent decline in long-term interest rates suggests that the smarter market (bonds) is worried about reduced economic growth.
Swamp creature Scott Pruitt, who only lasted as long as he did as EPA Administrator because President Trump likes him, resigned on Thursday after being dogged by months of scandal.
Pruitt was the definition of the swamp:
Unfortunately, we now have the first death associated with the boys trapped in a Thai cave -- a rescuer suffocated while, in a sad irony, delivering oxygen tanks.
Donald Trump was on fire in Montana on Thursday evening, taking aim at Jon Tester, Elizabeth Warren, John McCain and even George H.W. Bush.
Jon Tester will not be easy to beat. His opponent is a carpet-bagger real estate developer in a part of the country where carpet-baggers aren't particularly popular. Also, Tester is campaigning on the policy areas in which he supports President Trump. And in fact, Trump, perhaps unknowingly, trumpeted some legislation he supports to reform the Veterans Administration -- legislation which Tester partly wrote. Trump had a good line against Tester, that Montanans should want a Senator who votes like he's from Montana and doesn't just speak like he is. (Which is a direct rebuttal to the ad being run now against GOP candidate Matt Rosendale, who came to Montana from Maryland more than 15 years ago and has served in the Montana state legislature. The anti-Rosendale ads say he has a Maryland accent)
I love this story...the animals fight back