Due to Trump’s retaliatory ban on Huawei products, the company said Italy is their new business partner. China wants to invest more than $3.1 billion to help get Italy’s 5G platform up and running. China plans to hire 1,000 people in China, and they plan to layoff 1,000 U.S. workers due to the ban.
Most people don’t understand the economic devastation Trump’s creating using tariffs and sanctions, according to the New York Times. China’s economy dropped from 6.4 percent annual economic growth to 6.2 percent in the second quarter. The U.S. economy is a feeble 1-point-something percent, and it’s not going to get better, according to government economists.
Some economists think the U.K. is knocking on recession’s door, and the U.S. is not far behind. The Feds plan to cut interest rates in July, but a rate cut might not stimulate the economy that much due to the trade war, the Iran fiasco, and the North Korean debacle fears, according to the Washington Post.
Commerce Secretary Wilbur Ross may be on his way out, according to the New York Times. Trump wants to blame his Census loss on Wilbur. Some can’t-talk-about-anything White House aides think Trump give Wilbur high marks for his service while he lays one of his if only Wilbur would have listened to me lines on the press.
Alexander Acosta listened to Trump when the president told him he had to go because Jeffrey might still have old photos of them together when Studio 54 was their hangout. If Acosta stayed, the press would press him for more information about Trump and Epstein’s relationship. So Acosta resigned at Trump’s request, and he praised the Trumpster for telling him to resign, according to the Post.
A new book about the carnage Trump creates on a daily basis claims Trump picked Pence as his running mate because Pence stroked Trump’s ego when they first met. Pence gave Trump one of his evangelical sermons that reek of bigotry, racism, and evangelical superiority, and Trump knew he had his man.
Pence’s Chief of Staff Marc Short makes sure Pence stays on Trump’s good side now that a huge chunk of Mike evangelical supporters realize he loves Trump more than Jesus.
But Marc stood up for Trump to show Pence was willing to go to the racist mat if he gives him another shot at the presidency. Mike said Mother has her gown picked out when the Trumpster self-destructs.