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Wall Street Journal rakes Trump over the coals for ‘biggest policy blunder of his presidency’

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In an op-ed from the conservative Wall Street Journal, the editorial board called out President Donald Trump for allegedly making “the biggest policy blunder of his presidency.”

Trump shocked aides and advisors Thursday with his announcement of a trade war by imposing a 25 percent tariff on foreign steel and 10 percent on aluminum. The Journal wrote that the move would “punish American workers” and would ultimately “invite retaliation” from other nations that would “harm U.S. exports.”

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Trump campaigned on such tariffs, but it was presumed his choice of economic advisors from Wall Street would never allow the pledge to come to fruition. The news today prompted the Stock Market to fall 420 points and senior economic advisor Gary Cohn threatened to resign.

“Apparently Mr. Trump can’t stand all this winning,” The Journal wrote. They predict a few American companies will do well for a short time, but that in the long-term, it will harm the U.S.

“We have with us the biggest steel companies in the United States. They used to be a lot bigger, but they’re going to be a lot bigger again,” they cited Trump saying Thursday.

“No, they won’t,” The Journal said simply. “The immediate impact will be to make the U.S. an island of high-priced steel and aluminum. The U.S. companies will raise their prices to nearly match the tariffs while snatching some market share. The additional profits will flow to executives in higher bonuses and shareholders, at least until the higher prices hurt their steel and aluminum-using customers. Then U.S. steel and aluminum makers will be hurt as well.”

Read the full op-ed at the Wall Street Journal.

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Trump is trying Middle East Peace plan 2.0 after the first one flopped

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President Donald Trump is scheduled to submit his second Middle East peace plan after the first one senior son-in-law Jared Kushner came up with didn't go over very well.

"We will get this done," Trump claimed in May 2017.

“We'll start a process which hopefully will lead to peace,” Trump said. “Over the course of my lifetime, I've always heard that perhaps the toughest deal to make is the deal between the Israelis and the Palestinians. Let's see if we can prove them wrong, okay?”

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Rage-filled Trump has crippled his presidency because he can’t let go of a grudge no matter how small: report

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According to a report in Politico, many of Donald Trump's problems are the direct result of his inability to get over the smallest of slights leading him to make poor decisions because he can't see his way to let go of a grudge.

The report notes, "Whether in the privacy of his clubs or out on the campaign trail, the president can’t help but hold onto a grudge. Even as Trump heads into an election year with a record that he claims ranks him among the best presidents of all time, political grievances continue to drive everything from policy decisions to rally speeches to some of the biggest scandals of his presidency — including his impeachment."

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George Conway reveals Trump is being shunned by law firms because young lawyers ‘want nothing to do with him’

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Conservative attorney George Conway asserted in a column over the weekend that President Donald Trump's history of mistreating law firms is catching up with him.

In a Sunday op-ed for The Washington Post, Conway explains that Trump is now faced with sparse choices for legal representation in his impeachment trial after years of not paying attorneys and generally being a bad client.

Pointing to Trump's choice of Alan Dershowitz and Kenneth Starr, Conway writes:

?The president has consistently encountered difficulty in hiring good lawyers to defend him. In 2017, after Robert S. Mueller III became special counsel, Trump couldn’t find a high-end law firm that would take him as a client. His reputation for nonpayment preceded him: One major Manhattan firm I know had once been forced to eat bills for millions in bond work it once did for Trump. No doubt other members of the legal community knew of other examples.

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