On Monday, CNN host Brooke Baldwin fact checked President Donald Trump’s claim that the strong GDP growth in the United States was the result of tariffs on China.
“The president is continuously wrong on the point that he keeps making that the strong GDP is a direct result of the tariffs on China,” she said.
“Let me cite a chief economist Mark Zandi in his own words. ‘No, the tariffs had nothing to do with Q 1 GDP. It was largely an impact in the surge of inventory as businesses stockpiled for fear of a trade war,” she said. “Looking at the markets, really down still today as a result of China’s retaliation.”
The Dow dropped by nearly 700 points after China said it will raise tariffs.
“This is a clear escalation of trade tensions in our view, and against our baseline that cool heads would prevail and the worst would be avoided,” Bank of America strategist Athanasios Vamvakidis said, according to CNN.
Restaurant refuses to act as food and slurs are hurled at Black couple
Jerrick Jefferson told local reporters that a customer hurled the slur at him and his wife while visiting the J. Alexander restaurant in West Bloomfield, Michigan.
Trump biographer mocks president for humiliating foreign policy ‘triple fail’
Trump biographer Timothy O'Brien on Monday published a column for Bloomberg in which he mocked the president for suffering a humiliating foreign policy "triple fail" that exposed his presidency's biggest weaknesses.
In his column, O'Brien pointed out that Trump's threats of major actions against Mexico and Iran never amounted to anything, while also noting that the president backed off his plans to begin the mass deportations of undocumented immigrants.
Trump star vandal arrested for Marilyn statue theft in Hollywood
A man convicted of vandalizing President Donald Trump's sidewalk star in Hollywood last summer has been arrested for stealing a statue of Marilyn Monroe from a nearby monument.
Austin Clay, 25, was identified by police from video surveillance footage.
Having discovered that he was on parole after a conviction for damaging Trump's star on the famous Hollywood "Walk of Fame," investigators searched his home Friday.
According to local media reports, they found evidence linking him to the theft of the statue.
The statue itself -- showing Monroe in her famous flying skirt pose from "The Seven Year Itch" (1955) -- has not been found.