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Trump officials scramble to delay China tariffs — fearing an economic disaster heading into 2020: report

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President Donald Trump’s trade war with China is becoming a political liability, hurting key industries and worrying economists about a looming recession.

On Wednesday, Moody’s Analytics estimated that Trump’s trade war has killed 300,000 U.S. jobs. According to an estimate by Yahoo Finance, Trump’s tariffs cost the U.S. economy 6.8 billion in July. According to Politico, Trump’s team is scrambling to contain the damage caused by the president’s tariffs by pushing to delay the onset of the next ones.

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“President Donald Trump’s top advisers are rushing to find an escape hatch for a series of tariff increases in the coming months, worried about the potential for further economic damage,” Politico writes. “Many of the president’s top economic officials are trying to resurrect the terms they previously were negotiating with China, a deal officials said was “90 percent” done before a sudden impasse this summer, according to a person familiar with the discussions.”

Senior officials are reportedly trying to delay the onset of the next set of tariffs. The tariffs are scheduled to go into effect in October. But there’s talk of pushing them back until December, reports Politico. Trump has not approved the delay.

“The discussions about some kind of agreement come as the White House holds wide-ranging internal debates about ways to boost economic growth heading into 2020 as data suggest a clear slowdown with the trade wars having an obvious impact, especially on manufacturing,” Politico writes.

The president often boasts about his economic acumen. If his trade wars tank the economy before 2020, a bid based on the economy will be drastically undermined.


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Three right-wing ‘boogaloo’ militants arrested on terrorism charges in Las Vegas: report

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On Wednesday, federal prosecutors announced that three far-right militants with ties to the "boogaloo" movement have been arrested on terrorism-related charges in Las Vegas, according to The Seattle Times.

"Federal prosecutors say the three white men with U.S. military experience are accused of conspiring to carry out a plan that began in April in conjunction with protests to reopen businesses closed because of the coronavirus and later sought to capitalize on protests over the death of a Minneapolis man in police custody," reported Michelle Price and Scott Sonner.

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‘Trump became what we feared’: New Lincoln Project ad accuses Trump of using the Bible as a prop to boost his polls

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A brutal new ad from the GOP group The Lincoln Project called "War Zone" is attacking President Donald Trump for becoming what Americans have feared he would.

He didn't come out of hiding this week to help calm the nation or to bring Americans together.

"He wasn't there to offer words of calm and comfort," the ad said. "Instead, he became what we all feared. Evoked the worst of our past. Threatened our governors and states. He ordered our own soldiers who fought in Iraq and Afghanistan to flood the streets, instructing them to turn against Americans. Used churches and the Holy Bible as political props. He didn't invoke the Lord to give us wisdom, but to boost his polls."

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James Mattis takes swipe at Trump: We have gone ‘three years without mature leadership’

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On Wednesday, The Atlantic reported that President Donald Trump's former Defense Secretary James Mattis has written a furious condemnation of the president, saying he is incapable of "mature leadership" and accusing him of deliberately trying to turn Americans against one another.

“I have watched this week’s unfolding events, angry and appalled,” wrote Mattis, according to the article. “The words ‘Equal Justice Under Law’ are carved in the pediment of the United States Supreme Court. This is precisely what protesters are rightly demanding. It is a wholesome and unifying demand — one that all of us should be able to get behind. We must not be distracted by a small number of lawbreakers. The protests are defined by tens of thousands of people of conscience who are insisting that we live up to our values — our values as people and our values as a nation ... We must reject and hold accountable those in office who would make a mockery of our Constitution.”

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