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‘A very dangerous moment’: Pro-Trump economist fears president’s impulsive trade war will spiral out of control

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Trump-backing conservative economist Stephen Moore on Monday sounded the alarm on a potentially devastating trade war that could take place if Canada and the European Union decide to retaliate against President Donald Trump’s proposed steel and aluminum tariffs.

Speaking with CNN, Moore criticized Trump’s decision to announce the president’s tariff announcement and said that America faced real danger of sparking a disruptive battle over trade that could end up raising prices for consumers across the board.

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“We’re at a very dangerous moment right now,” Moore said. “I do think it would be a big mistake if the Europeans and Canada and China retaliate because, knowing Donald Trump as we all do, this is a guy who doesn’t back down and he’s a counter-puncher. If they start imposing higher tariffs then you’ll get an escalation and that’s how trade wars do start.”

Moore said that he has no problem with Trump taking some retaliatory actions against China, but he said it makes no sense to slap across-the-board steel tariffs on allied countries, especially if he does it on the basis of national security.

“This is the first act — I hope cooler heads prevail and that Donald Trump will maybe just impose these steel tariffs on China,” he said. “There’s no reason we need to have steel tariffs on Mexico and Canada if it’s a national security issue. Is anybody worried about Canada invading the United States?”

Watch the video below.

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Kellyanne Conway lashes out at Democratic voters as ‘racist and sexist’ at Ohio GOP dinner

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Making an appearance at a Republican Party dinner in Columbus, Ohio, Kellyanne Conway accused Democratic voters of being "racist and sexist," in a diatribe as she tried to boost the fortunes of her boss, President Donald Trump.

According to a report from Cincinnati.com, Conway attacked the leading Democratic presidential nominees before making her claim.

“Their top three candidates are white, career politicians in their 60s and 70s, which I have nothing against except they (Democrats) certainly do,” Conway reportedly told the crowd. “I don’t know why the heck the Democratic party electorate is so racist and sexist. I can’t figure it out.”

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Betsy DeVos’ DOE threatens to cut university funding for positive portrayal of Islam

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The U.S Department of Education threatened to pull federal funding from a Middle East studies course jointly run by Duke University and the University of North Carolina because it portrays Islam too positively.

The DOE ordered the universities to change their program or lose its federal grant money. In a letter to UNC, the department criticized the program, arguing that topics like Iranian art and film have “little or no relevance” to the Middle East studies program. The letter also argues that the program “appears to lack balance” because its programs are not focused on the discrimination faced by “religious minorities in the Middle East," including Christians and Jews.

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Wall Street is ignoring the omens of recession — here’s why

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The Federal Reserve seems a lot more concerned about the state of the economy than it’s been letting on.

The Fed lowered its target interest rate by a quarter point on Sept. 18, the second such cut since July – and the first reductions since the Great Recession more than 10 years ago.

Judging by the words of Fed Chair Jerome Powell, this isn’t that big a deal. In his statement following the decision, he said: “We took this step to help keep the U.S. economy strong in the face of some notable developments and to provide insurance against ongoing risks.”

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