Trump brags about his China trade war ‘success’ as stock ticker shows market tanking

President Donald Trump on Monday boasted about how successful his trade war with China has been — even though stock markets took an absolute beating on the news that China was about to slap tariffs on $60 billion of American goods.

While giving remarks to White House reporters on Monday, Trump bragged that his tariffs were making the United States richer, while a stock-market ticker showed that the Dow Jones Industrial Average was falling by more than 600 points.

“We’re taking in right now hundreds of billions of dollars,” Trump said of his tariffs on Chinese goods. “We’re taking in billions of dollars of tariffs, and those tariffs are going to be tremendously, if you look at what we’ve done thus far with China, we’ve never taken in ten cents until I got elected, now we’re taking in billions of billions.”

Trump also falsely credited the tariffs for economic growth in the first quarter of 2019, even though the majority of economists say the tariffs had nothing to do with strong GDP growth.

“This is a very positive step,” Trump said as the stock ticker continued showing a bloodbath in the markets. “I love the position we’re in.”

[Raw Story]

Trump’s lies he’s never used foreign help to win a campaign

President Donald Trump told the press Monday that he doesn’t need to use foreign materials or information to attack an opponent in a campaign. He then followed his comment with a false declaration that he never has in the past.

During the 2016 campaign, Trump commented about or quoted Wikileaks 164 times and 141 of those were in the final month of the campaign. The site’s chief is now expected to be sent to the United States to stand trial for conspiring with Chelsea Manning to steal American documents and publish them online. 

Trump only said he “would agree” to not using foreign information.

Watch:

[Raw Story]

Media

Trump tells an absurdly brazen lie while he rants about tariffs at White House event

President Donald Trump repeatedly claimed the federal government is taking in “tens of billions of dollars” in tariffs leveled on foreign goods, suggesting those taxes are being paid by foreign nations, when in reality they are being paid for by U.S. consumers.

The President also claimed that no president before him has ever leveled tariffs on foreign goods, which is tremendously false.

“We’ve never taken in ten cents [in tariffs] until I got elected,” Trump told reporters Monday from the Oval Office. That’s a lie.

“I love the position we’re in,” Trump added, as the markets tumbled on news China may retaliate in Trump’s tariff war. The DOW has been down about 600 points much of the day, following rough days for markets Thursday and Friday last week.

[Raw Story]

Reality

The reality is tariffs were the main source of all Federal revenue from 1790 to 1914. At the end of the American Civil War in 1865 about 63% of Federal income was generated by the excise taxes, which exceeded the 25.4% generated by tariffs. In 1915 during World War I tariffs generated only 30.1% of revenues. Since 1935 tariff income has continued to be a declining percentage of Federal tax income.

Trump piles on Rep. Tlaib over Holocaust comments

President Trump on Monday joined Republicans blasting Rep. Rashida Tlaib, D-Mich., for comments the Democratic congresswoman made about the Holocaust to Yahoo News’ podcast “Skullduggery.”

“Democrat Rep. Tlaib is being slammed for her horrible and highly insensitive statement on the Holocaust,” Trump tweeted. “She obviously has tremendous hatred of Israel and the Jewish people. Can you imagine what would happen if I ever said what she said, and says?”

In her “Skullduggery” interview Friday, Tlaib, who is Palestinian-American, called Trump “a crooked CEO.” In a different part of the interview, she discussed the Israeli-Palestinian conflict and the role Palestinians played in helping provide a “safe haven” for Jews following the Holocaust.

“There’s a kind of a calming feeling, I always tell folks, when I think of the Holocaust and the tragedy of the Holocaust, and the fact that it was my ancestors — Palestinians — who lost their land and some lost their lives, their livelihood, their human dignity, their existence, in many ways, have been wiped out, and some people’s passports,” Tlaib said. “And just all of it was in the name of trying to create a safe haven for Jews, post-the Holocaust, post-the tragedy and the horrific persecution of Jews across the world at that time. And I love the fact that it was my ancestors that provided that, right, in many ways. But they did it in a way that took their human dignity away, right, and it was forced on them.”

Tlaib did not specify what her ancestors did to help Jewish refugees fleeing Europe during and after the Holocaust. The grand mufti of Jerusalem, the Islamic cleric overseeing the Muslim holy sites in the city, incited riots against Jews immigrating to Palestine and allied himself with Hitler during World War II. The Arab states surrounding Israel opposed its creation as a Jewish state in 1948 and launched a war against it.

Conservative critics quickly seized on Tlaib’s comments, interpreting them to imply that she approved of the Holocaust, something her spokesman said was not what she meant.

“Rashida Tlaib says thinking of the Holocaust provides her a ‘calming feeling,’ shockingly claims Palestinians created ‘safe haven’ for Jews,” read the headline in the Washington Examiner.

Rep. Liz Cheney, R-Wyo., tweeted a link to the Examiner story and called on House Democratic leadership to “take action” against Tlaib.

Tlaib’s spokesman, Denzel McCampbell, issued a statement accusing Cheney, Republican leaders and “right-wing extremists” of “spreading outright lies to incite hate.”

“Liz Cheney should be ashamed of herself for using the tragedy of the Holocaust in a transparent attempt to score political points,” McCampbell wrote. “Her behavior cheapens our public discourse and is an insult to the Jewish community and the millions of Americans who stand opposed to the hatred being spread by Donald Trump’s Republican Party.”

McCampbell then attempted to clarify Tlaib’s remarks.

“Rep. Tlaib said thinking about this effort to provide a safe haven for people fleeing persecution brought calm to Rep. Tlaib because her ancestors were involved in helping those tragically impacted by the Holocaust. The Congresswoman did not in any way praise the Holocaust, nor did she say the Holocaust itself brought a calming feeling to her. In fact, she repeatedly called the Holocaust a tragedy and a horrific persecution of Jewish people.”

He added: “This behavior by a bankrupt Republican leadership is dangerous and only increases hateful rhetoric from those who want to cause harm to oppressed people.”

The attacks from Republicans on Tlaib are reminiscent of those against another freshman Democrat, Rep. Ilhan Omar, D-Minn., over her criticism of Israel. Both Tlaib and Omar were the first Muslim women elected to Congress.

[Yahoo News]

Trump doubles down on China tariffs, saying there is ‘no reason’ for US consumers to pay them

President Trump on Monday argued in a series of tweets that China will bear the brunt of the new tariffs his administration is imposing on the country, a day after one of his top economic advisers said both the U.S. and China would be hurt by the economic fight.

Trump wrote in the tweets that there was no “reason” for U.S. consumers to pay the tariffs, arguing in part that people in the United States could avoid paying the tariffs by buying products produced in other countries or in the United States.

“Their is no reason for the U.S. Consumer to pay the Tariffs, which take effect on China today,” Trump wrote in one of the posts on Twitter.

In a second tweet, he said a consumer could “buy the product inside the USA (the best idea).”

He said companies would leave China for other countries, such as Vietnam, to avoid the tariffs.

https://twitter.com/realDonaldTrump/status/1127886307118678016?ref_src=twsrc%5Etfw
https://twitter.com/realDonaldTrump/status/1127886307995336705?ref_src=twsrc%5Etfw

Trump’s comments come just a day after his top economic adviser, Larry Kudlow, in an interview on “Fox News Sunday” said both China and U.S. consumers would be hurt by the tariffs.

“In fact, both sides will pay in these things, and of course it depends,” Kudlow responded after host Chris Wallace pressed him on how importers of Chinese products hit by tariffs will pay those tariffs.

Most economists agree that the costs of the tariffs will be paid by U.S. consumers in the form of higher prices on imported products from China.

Kudlow did say that China would suffer, too, from the fight, saying they would be hit by gross domestic product losses and a diminishing export market.

The Trump administration announced it would hike tariffs on $200 billion in Chinese products on Friday. Tariffs that were 10 percent are jumping to 25 percent. 

It’s unclear how easy it would be for U.S. consumers to avoid higher prices coming because of the tariffs. It’s also not clear yet how prices will be effected, since the tariffs only went into effect on Chinese products leaving China on Friday.

[The Hill]

Trump takes credit for Red Sox “turnaround”

President Donald Trump tried to take credit on Monday for a sudden turnaround in the Boston Red Sox’ season, pointing out that the reigning World Series champions have gone undefeated since their fraught visit to the White House last week.

“Has anyone noticed that all the Boston @RedSox have done is WIN since coming to the White House!” Trump wrote in a tweet. “Others also have done very well. The White House visit is becoming the opposite of being on the cover of Sports Illustrated! By the way, the Boston players were GREAT guys!”

The Red Sox, who visited the White House last Thursday, swept all three of their home games over the weekend against the Seattle Mariners, scoring 34 runs across the three games. Boston has won eight of its last 10 games, a stretch that predates the team’s reception with the president.

Championship-winning sports team visits to the White House have become particularly politicized during the Trump administration, and the president has yanked invitations for at least two teams after prominent athletes said they would not attend the traditionally unremarkable events.

The same was true with the Red Sox team, which was represented by only a portion of last year’s team. Nearly every racial minority member of the team skipped the event, as did manager Alex Cora, a Puerto Rico native, who cited the administration’s handling of hurricane relief efforts there in declining the invitation. The team attempted to downplay the divide and last week reportedly barred a reporter from asking about the upcoming White House visit during a series in Baltimore.

But while neither Trump nor the team addressed the elephant in the room during Thursday’s celebration on the South Lawn, Trump became defensive about his record on Puerto Rico earlier in the day when asked by reporters about the Red Sox visit. The awkwardness was compounded by the White House initially posting on its website that Trump would be celebrating the Boston “Red Socks” and later blasting out his remarks to the “World Cup Series Champions” via email.

Trump was correct Monday in noting that the Red Sox have won the three games since their White House visit, though their turnaround after an extended early season skid began several weeks before their trip to Washington. After falling to 6-17 in mid-April, the team has since won 16 of its last 22 games and was on a two-game winning streak before the team visited Trump.

[Politico]

Trump Attacks FBI Director Chris Wray While Railing Against Investigations: ‘No Leadership’

President Donald Trump attacked FBI chief Chris Wray on Sunday night as he railed against his political enemies in an extensive tweetstorm.

About a day after wailing on former White House Counsel Don McGahn, Trump slammed Democrats and “the Fake News media” in a free-wheeling online tantrum. At one point, Trump amplified a quote from Judicial Watch’s Tom Fitton, who slammed Wray by saying “The FBI has no leadership. The Director is protecting the same gang…..that tried to overthrow the President through an illegal coup.”

Trump and Wray (who was appointed by the president) have contradicted each other numerous times on key matters surrounding the investigations of Russian activity during the 2016 election. Most recently, Wray drew headlines after disagreeing with Attorney General Bill Barr‘s characterization for whether the Trump 2016 campaign was spied on.

[Mediaite]

Trump: McGahn had a better chance of being fired than Mueller

President Trump denounced his former counsel Don McGahn on Saturday, following a report that the White House asked the lawyer twice to say publicly that Trump didn’t obstruct justice by asking for special counsel Robert Mueller’s dismissal.

Why it matters:The New York Times report appears to indicate how far the Trump administration has gone to prove the president did not attempt to obstruct justice. The revelations prompted House Democrats to say it’s critical for McGahn to testify before Congress regarding the Mueller report.

[Axios]

Reality

The Mueller Report is very clear, Donald Trump fired Robert Mueller several times, it’s just his orders were never carried out because his aides knew they would be in deep legal jeopardy.

On June 17,2017 Don McGahn recalled Trump said something along the lines of, “You gotta do this. You gotta call Rod,” Mueller’s report said. McGahn said he told the president he would see what he could do and did not act on the request.

Trump followed up that call telling McGahn “Mueller has to go” and “call me back when you do it.”

Trump Claims He’s Still Under Audit, Decries Dem Request for Tax Returns: Voters Didn’t Care and I Won

President Donald Trump this afternoon blasted the House Ways and Means Committee request for his tax returns, claiming he is still under audit.

Treasury Secretary Steve Mnuchinthis week rejected the request from Democratic chairman Richard Neal. The committee has now subpoenaed the Treasury Department and the IRS.

“I won the 2016 Election partially based on no Tax Returns while I am under audit (which I still am),” Trump tweeted this afternoon, “and the voters didn’t care. Now the Radical Left Democrats want to again relitigate this matter. Make it a part of the 2020 Election!”

He followed up with another tweet on the Mueller report, claiming that Democrats talking about obstruction instead of collusion are still wrong because “there was No Obstruction”:

Last night there were multiple reportsthat the White House had asked former White House counsel Don McGahn to publicly say Trump didn’t engage in obstruction, but McGahn declined.

[Mediaite]

Trump suffers meltdown after James Comey tells CNN it is ‘possible’ that ‘the Russians have leverage over’ the president

President Donald Trump freaked out on Twitter after former FBI Director James Comey gave an exclusive interview to CNN on the two-year anniversary of being fired.

“Do you think the Russians have leverage over President Trump?” Anderson Cooper asked.

“I don’t know the answer to that,” Comey replied.

“Do you think it’s possible?” Cooper asked.

“Yes,” Comey answered.

That was not the only news Comey made.

Comey also said that Attorney General Bill Barr has behaved “less than honorably” and that America can’t have a president “who lies constantly.”

Trump lashed out after the interview was televised.

“James Comey is a disgrace to the FBI and will go down as the worst director in its long and once proud history,” Trump argued, seemingly unaware of the Bureau’s history.

“He brought the FBI down, almost all Republicans and Democrats thought he should be fired, but the FBI will regain greatness because of the great men & women who work there!” Trump argued.

[Raw Story]

Media

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