Donald Trump's trade war isn't helping things... U.S. exports fell 0.6% to $213.8 billion just a month after hitting a record high. The biggest drop was in new cars and trucks. Exports of drugs, jewelry and passenger planes also declined. Soybean exports surged again … [Read more...] about U.S. trade deficit headed for 10-year high after climbing 7% in June…
US Economy
The US is spending money faster than it can print…..
In the last year and half Trump and the Republicans have enacted a tax cut and a oversized budget.... Trump is starting trade war against Eastern and Western countries.... The Federal Reserve is raising interest rates .... Gas price's seesaw at higher … [Read more...] about The US is spending money faster than it can print…..
Trump threaten’s Harley-Davidson for moving to make bikes in Europe….
Ya can't make this stuff up.... An American President gets into a fight with the rest of the world over export fee's and DEMANDS American companies go out of business maybe for HIS sake? IsTrump gonna risk an American recession to look 'strong'? President Trump … [Read more...] about Trump threaten’s Harley-Davidson for moving to make bikes in Europe….
Trump Trade tariff’s send the nation’s stock market for a drive downward…
Donald Trump says his fellow Americans' are gonna have to take the pain Investors lost $70 Billion today in the market... Iowa farmers are scared.... And we reported Harley-Davidson will move it's European production FROM America to Europe.... Escalating trade … [Read more...] about Trump Trade tariff’s send the nation’s stock market for a drive downward…
Unemployment rate drops to the lowest in almost five decades….
The seesaw continues.... While I did a post a yesterday that pointed to flat wage growth and job loss from the Congressionsl Budget Office..... We get a more rosy picture from the Trump Labor Department today... Oh, and Trump outted the 'good' news a hour early, of … [Read more...] about Unemployment rate drops to the lowest in almost five decades….
Donald Trump takes America into a trade war with China , Canada and Europe….
No one should be surprised at this.... Despite warning's and doubts expressed from his own party and leaders of other countries? Trump is doing what he has done for years.... Go hard at anything he wants.... American Consumers he warned along with farmer … [Read more...] about Donald Trump takes America into a trade war with China , Canada and Europe….
Jobless rate falls to 3.9%…lowest in 18 years….But?
But wages? The amount people get paid? Is actually dropping even with various states and cities raising the minimum wage.... Oh, and anybody notice that more stores are going to self checkout machines more and more? The 3.9% unemployment rate in April set a new … [Read more...] about Jobless rate falls to 3.9%…lowest in 18 years….But?
We could be in for higher consumer prices from a Trump trade war….
Donald Trump's typical 'go hard' attempts at deal making is causing worries for all those involved in trade within the US and abroad..... In typical Trump fashion? No one...Except HIM will know make a final decision on all this which could result in price increases in goods … [Read more...] about We could be in for higher consumer prices from a Trump trade war….