Trump Administration Economic news

[Salty Again]

Originally Posted by Yssup Rider

Did you just say”Wait and see” again?

What? No “WINNING?”

Into a corner you have painted yourself.

... We'll See! ... .... ... Just wait. ...

#### Salty

[Yssup Rider]

If you say so

[texassapper]

The US trade deficit FALLS 16% in one month!

[VitaMan]

Not surprising since there is less trade going on.


Businesses closing and ports running at 60% capacity.


Let's see what the tariffs do to the economy over the next few months.

[1blackman1]

Cost of goods increasing will do that. So will companies using the last of their inventory before making new purchases at high tariff related prices. Everyone said it'd be September October before we see the real increases from the tariffs because inventory would start running low. We're getting there and well see what the effect of the tariffs is.

[Salty Again]

... Because we know so-far that the tariff effect is fine! ...

... WINNING! ... ...

#### Salty

[CPT Savajo]

Originally Posted by texassapper

The US trade deficit FALLS 16% in one month!

What's not stated is that US June exports were $1.3 billion dollars less than May exports. So the US is importing less as well as exporting less. Not really good. After Trump fired the commissioner of Bureau of Labor Statistics they'll need a new bean counter to cook the books, Trumps way.

[VitaMan]

Originally Posted by Salty Again

... Because we know so-far that the tariff effect is fine! ...

... WINNING! ... ...

#### Salty

The tariff effect is businesses are shutting down...ports at 60% capacity..imports and exports decreasing which will lower gdp...prices rising.

If that is fine to you, maybe you can put in a job application to replace the fired commissioner.

How many people is it now that Trump has fired ?

[Salty Again]

Originally Posted by VitaMan

The tariff effect is businesses are shutting down...ports at 60% capacity..imports and exports decreasing which will lower gdp...prices rising.

If that is fine to you, maybe you can put in a job application to replace the fired commissioner.

How many people is it now that Trump has fired ?

... Those government jobs are NOT supposed to be
for life, mate... Governmental employees do seem
to come and go all the time.
Maybe they can learn to code. ...

But let's wander back to the Economic news - which is ok.

##### Salty