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Trump suggests hitting France with 100 percent tariff on wine over dispute with Macron

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According to a report from Bloomberg, President Donald Trump publicly suggested that he would consider a 100 percent tariff on wines coming from France.

The report states that the president recently made the suggestion as part of his trade war that has crippled American manufacturers and farmers while at the same time hitting American consumers’ wallets.

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Trump’s comments came during a recent Long Island fundraiser and were tied to his unhappiness with President Emmanuel Macron and his tax on multinational technology companies.

Bloomberg reports, “It’s unclear if Trump, at a roundtable portion of an event in the Hamptons on Aug. 9 hosted by billionaire businessman Steven Ross with about a dozen well-heeled donors, was being totally serious.”

The report continues, “The law signed by Macron imposes a 3% tax on the revenue of technology giants such as Facebook Inc. and Amazon.com Inc. Trump is a frequent critic of those companies but bristled at the idea of a foreign government setting their terms of trade. ‘We tax our companies, they don’t tax our companies,’ Trump said at the time.”

The president, whose family owns their own winery recently said, “I’ve always liked American wines better than French wines, even though I don’t drink wine.”

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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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