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Trump’s top economic adviser doubles down on tariffs
Kudlow, whose comments walked back his previous pre-White House characterization of tariffs as a "regressive tax on low-income families," was responding to a question from anchor Jake Tapper on CNN's "State of the Union" about whether he agreed with Trump's tweet last week that "Tariffs are the greatest!" "You know, if they're targeted for good purpose, as per China, I think the answer is absolutely yes," Kudlow answered. Kudlow further…
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Donald Trump is a real estate developer. He doesn’t get the benefits the US gets from trade
In real estate development, land grabs are a zero-sum game: When you win, it means someone else loses. In the same line of thinking, imports result in trade deficits; trade deficits destroy jobs and, consequently, lower citizens' standard of living. But what if trade deficits have nothing to do with our economic well-being, which in fact relies on a healthy dose of foreign competition? A generally accepted measure for a…
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Iran can afford to play the long game with Trump
The dictator is desperate, grabs it and bags the benefits. The autocrat smiles and sits smugly through it. The ayatollah doesn't answer. This will be President Trump's conundrum with Iran: whatever he does, Iran will play the long game. His latest offer of an unconditional meeting with Iran's leaders -- not necessarily the country's supreme leader, Ayatollah Ali Khamenei, although he would have to sign off on the meeting --…
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Trump: I’ll meet with Iran whenever they want – CNN Video
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Trump’s Iran offer is just more ‘all about me’ diplomacy
Like rats in a maze or in some elaborate Skinner box, we've become far too easily conditioned to react to Trump's comments and tweets and take them seriously. He is the first president in American history who cannot define the national interest untethered to his own personal vanity, political needs and obsession to dominate every story. This isn't foreign policy; it's a soap opera. Indeed, without a broader policy toward…
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Dem: Trump’s willingness to meet with Iran is diplomatic over-confidence
During a joint news conference at the White House alongside Italian Prime Minister Giuseppe Conte, Trump said that he would meet with Iranian leaders "whenever they want to" with "no preconditions." California Democratic Rep. John Garamendi said such a meeting would likely not be successful. "I don't know what the President hopes to achieve with that meeting," he said in an interview with CNN's Wolf Blitzer on "The Situation Room."…
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Mattis: President thinks Iran on wrong track – CNN Video
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Trump repeats Giuliani defense: ‘Collusion is not a crime’
"Collusion is not a crime, but that doesn't matter because there was No Collusion (except by Crooked Hillary and the Democrats)!" Trump tweeted. For months, Trump has insisted that there was "no collusion," but his Tuesday morning tweet hints at a potential expansion of his defense amid the ongoing special counsel investigation. Speaking to CNN's "New Day" on Monday, Giuliani said he wasn't sure if collusion was a crime. The…
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Demi Lovato experiencing ‘complications’ from apparent overdose
Those complications include "nausea, vomiting and a high fever," the sources say. Although she's expected to "make a full recovery," there is "no estimate" as to when she will be released from Cedars-Sinai Medical Center in Los Angeles. "[We are] taking it day by day," one of the sources said. No information has been released regarding what led to her hospitalization. There had been reports Lovato overdosed on heroin, but…
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WaPo: New indicators show North Korea potentially working on missiles
According to The Post, the officials said the new information reveals that work is potentially taking place on one or two liquid-fueled intercontinental ballistic missiles in Sanumdong, a suburb of Pyongyang. Liquid-fueled rockets are harder to store and move than solid-fuel rockets because the fuel is more volatile, according to experts. The volatility of liquid fuel can cause missiles to fail in launch and the fuel has to be stored…