Top U.S. officials are set to meet with a high-level Chinese delegation this weekend in Switzerland, the administration announced Tuesday, in the first major talks between the two nations since President Donald Trump sparked a trade war between the two powers with stiff tariffs on imports. read more
The real scandal is that any journalist ever believed Joe Biden in the first place read more
The US and China's ongoing trade war has taken to TikTok and European fashion houses have found themselves sandwiched in the middle. A bag from a high end European fashion house such as Herms, Louis Vuitton or Prada is a pricey purchase, which can cost hundreds of thousands of euros. read more
COLUMBUS, Ga. - According to the Muscogee County Sheriff's Office, 19 suspects, including a Georgia politician, have been arrested in connection to a multi-agency human trafficking operation. Deputies said the operation targeted those willing to exploit children by purchasing sex with a minor. Officials say boys and girls were targeted through social media apps and dating websites. Authorities confirmed no children were harmed. read more
English Summary posted here: www.theepochtimes.com Retail sales in two of China's wealthiest cities"Beijing and Shanghai"fell sharply in March, casting fresh doubt on the strength of China's domestic consumer demand. The weak performance stands in contrast to the narrative in China's state media, which has emphasized that strong consumer demand will enable China to withstand the increase in U.S. tariffs. read more
This is great reason why you should not get your economic news from journalists with biology degrees. All they do it quote other morons.
The China trade war is already over and CHINA HAS LOST. This ------- is one of the liberals whose head is going to explode when he hears about the upcoming trade talks (finance.yahoo.com) because they have been programmed to thinking the US and they ignore reality at all costs.
For instance, he quotes that the US retailers are the ones that truly benefit huge from Chinese goods - first, his estimate on the retail sales of Chinese goods is ridiculously high, second, he is mixing imports that are simply tech products ASSEMBLED IN CHINA (like the iPhone) and products that China actually produces totally in house. Another great example is the luxury handbag stories ongoing now - yes, that $600 bag sells for $30,000 - but, THE CHINESE BRAND WILL NEVER BE ABLE TO COPY IT AND SELL AT $30,000.
The iPhone is a great example. $100B (retail value) of Chinese made iPhones sold in the US last year. By 2026, 0% of that will be made in China and over 1M Chinese manufacturing jobs are being cut and moved to India to support it. China can't simply make their own iPhone because they are just the assembler - AND THEY DON'T EVEN OWN THE ASSEMBLY COMPANY - that is owned by the Taiwanese.
All this gloom and doom by the ------- liberals is all based on false assumptions. NOTHING made in China is actually a life or death product for Americans. However, the Chinese are TOTALLY DEPENDENT on the US or their already failing manufacturing sector falls off a clip and their people starve due to lack of food and energy. China already told you this by exempting over 25% of US imports from their reciprocal tariffs.
"ScottS forgot to account for DEBT owed by the bottom 90%. This was true since 2012.
#25 | Posted by Sycophant"
Nope - my numbers are NET WORTH - so, it is after liabilities, also, it is straight from the Fed.
fred.stlouisfed.org - you can scroll to the Net Worth table.
The problem with your number is that they don't use official US government numbers - they come from "research by Emmanuel Saez and Gabriel Zucman [pdf]" per your article. Which, if you actually click the link - takes you here: which is a paper from 2014 - and even THEN, the numbers are not quoted correctly. Maybe it should have tipped your off when the graphs in your article stopped in 2012.
Again - I don't know if you liberals are just dog ---- stupid or if you are intentionally lying - but the data is very clear - posted by the US Fed - and they say you are full of ----.
"Unemployment is up due to Trump's policies."
That is an outright lie.
"Prices for goods and services are up due to Trump's policies."
We are waiting on April to see if there is a material uptick in inflation. The last month we had was March:
Inflation was 2.4%, a 6 month low.
www.cnn.com
"The assault on our democracy continues due to Trump's policies."
Because he deported illegal, wife-beating, gang members? Yeah, real assault there.
"The loss to our nation is incalculable due to not enough time having passed to fully understand the impact from all th lost trade deals and trade partners."
Well, with the time that has passed, YOU HAVE NOTHING BUT WHINING. I posted the numbers above. As I said, you live in some imbecilic liberal world with fear of the feature completely ignoring the reality around you.
"People can't afford as much at the grocery stores any longer."
Thanks to Joe Biden. For Trump, inflation in March was 2.4% and wage gain was 3.8% annualized. Trump delivered a REAL INCREASE IN INCOME of 1.4% in the month (annualized). That makes things MORE AFFORDABLE -------, not less.
"Every action Trump has taken has hurt America, and is impacting the lives of Americans.
#45 | Posted by ClownShack"
Yet, you can't point out any of these actions with actual data - just pure emotion. I know you are a homosexual, but your argue like a girl - just emotion, no logic, no data.
"#6 | Posted by Sycophant"
I have an advanced degree and paid off the small loan I took during my grad school within my first year of working. It really is not hard unless you are a total ------- that lives way beyond your means in school and post-graduation OR you got a useless degree - both of which usually applies to these ------- liberals whining about how they cannot pay.