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Shell-shocked manufacturers hammer Trump’s plan to impose sweeping new China tariffs: ‘We’re barely profitable now’

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According to a report from the Washington Post, President Donald Trump is considering yet another wave of tariffs aimed at China, which has American manufacturers and farmers stunned after the economic battering they have already sustained during his trade wars.

The Post reports that the Trump administration is considering new tariffs on virtually all imports from China, which is receiving major pushback from representatives attending hearings being held by the Office of the U.S. Trade Representative (USTR).

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The report states the agency has been overwhelmed with over 1,600 written comments on the plan, with the majority warning of more economic damage and job losses to come if the president goes through with his plan.

According to Ohio-based bra manufacturer Mark Corrado, president of Leading Lady, Trump is putting him in a major financial — and logistical – – bind.

“If we are forced to move production from China, it will take a long time to make sure that new factories will make the garment correctly and can get the proper materials. The costs may be too great too, as we are barely profitable now,” he wrote to the agency.

According to an economics professor at Western Washington University, manufacturers have been biting their tongues and holding fire on the putatively business-friendly president, but they are losing patience as profits shrink.

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“The tone has changed since the Mexican tariff episode,” explained Edward Alden. “The level of concern in business is going up and the willingness to challenge the president more directly on this issue is increasing.”

“Companies have tried to shield customers from tariff increases, but that will no longer be possible,” added John Veroneau, a former U.S. trade negotiator under President George W. Bush. “To the extent possible, companies are working hard to diversify supply chains, but it’s easier said than done.”

The Post notes that Larry Kudlow, director of the National Economic Council, has defended Trump’s tariffs saying last Thursday that their effect on consumers would be “very, very small,” only to have retail giants Costco and Walmart fire back that same day, saying, “the tariffs would destroy 2 million U.S. jobs and cost the average family $2,000 each year.”

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In a joint statement, 661 companies complained, ““We know firsthand that the additional tariffs will have a significant, negative and long-term impact on American businesses, farmers, families and the U.S. economy. Broadly applied tariffs are not an effective tool to change China’s unfair trade practices. Tariffs are taxes paid directly by U.S. companies, including those listed below — not China.”

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Pennsylvania Republican senator arrested and charged with possession of child pornography

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According to a release from Pennsylvania Attorney General Josh Shapiro, Republican state Sen. Michael Folmer has been arrested and charged with possession of child pornography.

The release said that the investigation began as the result of a CyberTip about Tumblr discovering that a user had uploaded child pornography onto their site. It ultimately led to the home of Folmer in Lebanon, PA. A search warrant yielded images on Folmer's phone.

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Netanyahu refuses to concede after he falls short — blames media instead

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Prime Minister of Israel, Benjamin Netanyahu, refused to concede after being down in the election night polls. Like the last election, Netanyahu is claiming his own personal victory and blaming the media for all of his woes.

Senior Diplomatic correspondent Barak Ravid, at Channel 13 News in Tel-Aviv, was live-tweeting the election results late Tuesday night.

https://twitter.com/barakravid/status/1174116674225758209?s=21

"Netanyahu says Israel needs a Zionist government that is committed for Israel as a Jewish state. No government can be based on support from Arab parties," Ravid said.

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Mitch McConnell crony running for Kentucky AG is ineligible for office: lawsuit

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On Tuesday, the Lexington Herald-Leader reported that a new lawsuit seeks to remove Daniel Cameron from the ballot as the Kentucky GOP's nominee for state attorney general.

According to the lawsuit, filed by retired union worker and "concerned citizen" Joseph Leon Jackson Sr. in Jefferson Circuit Court, Cameron does not meet the office requirement of having practiced law for eight years — because although he was admitted by the Kentucky Bar Association in 2011, he spent two of the following years clerking for U.S. District Judge Gregory Van Tatenhove.

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