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WorldWatch2

For posting on events, news, opinions and anything of interest from around the world.

23 Comments

  1. Gezza

     /  June 18, 2018

    Trump’s trade war hits home for US businesses

    From Washington cherry farms to Midwestern chemical plants to New England lobster-trap makers, the risk of global trade war is creating anxiety among executives whose firms rely on foreign markets for revenue or to keep costs down with imported products.

    As Trump disrupts the rules that have governed global trade for decades, the prospect of a standoff is rippling through U.S. regions, industries and economic sectors, touching every aspect of business.

    In Granite City, Illinois, the sound of blast furnaces roaring back to life is the area’s hope. U.S. Steel Corp. plans to hire about 300 people to restart a second furnace at its plant there to satisfy fresh demand for American-made steel, the company said this month. It resumed operations in March after Trump announced the tariffs based on national-security grounds 🙄

    Elsewhere in America’s industrial heartland, though, companies are on edge. Many have built supply chains that source parts from all over the world. Some companies are delaying capital projects. Tariffs are clouding investment decisions and raising construction costs.

    Growers of apples, pears and cherries in Washington, Oregon and Idaho are rushing to figure out what they can do with perishable fruit that’s now the target of retaliatory tariffs in markets such as China, India and Mexico. Mark Powers, president of the Northwest Horticultural Council, said its 4,700 growers in those states export about $1 billion worth of produce each year. Finding new, tariff-free markets requires lengthy negotiations between countries.

    Cherries are a pressing concern, particularly because members are enjoying a bountiful crop. The fruit lasts only about seven days once picked, and most exports are shipped in planes to Asia.

    Jim Knott, chief executive officer of Riverdale Mills Corp. in Northbridge, Massachusetts, says his company supplies 85 per cent of the North American market for the wire mesh that covers lobster traps. The price of the steel, much from Canada, has almost doubled since Jan. 1, he said, blaming the tariffs themselves – and hoarding after Trump’s announcement.

    As much as 45 per cent of what Knott’s company produces is shipped overseas. He says the steel tariff threatens the livelihoods of his 200 employees. “We work very, very hard to take jobs back from China, and we ship all over the world,” Knott said. “This tariff just puts handcuffs on us.”

    Growers, already mulling moves to the fields of Mexico, Peru and China, will add the new tariff regime to their cost of doing business, said Tom Nassif, president of the Western Growers Association, which represents farmers in California, Arizona, Colorado and New Mexico. “More and more people will be growing their produce in foreign countries and selling them to countries that will no longer receive our products without increasing prices,” Nassif said.
    – Washington Post
    More …
    https://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=12072721

    • Corky

       /  June 18, 2018

      What the….I rely on Montgomery cherrie juice for stopping my gout and providing a potent antioxidant. There goes my good Tory living.

      • Gezza

         /  June 18, 2018

        We all have to make sacrifices for the war.

        • Kitty Catkin

           /  June 18, 2018

          If the US could have made enough steel at the right price, they wouldn’t have needed to import it, surely. They weren’t doing it as a favour to China er al.

          • Kitty Catkin

             /  June 18, 2018

            Hiring workers is a good thing, of course, but they will also need factories and raw materials…

  2. Joe Bloggs

     /  June 18, 2018

    Goelman said Strzok would be willing to testify without immunity, and that he would not use the Fifth Amendment rights in response to questions”.

    This is how innocent people behave.

    Meanwhile…. Roger Stone and Caputo “forgot” to mention to Congress and the FBI that they met with a Russian agent who offered dirt on Clinton.

    “The Washington Post reported Sunday that Stone met with the man in May 2016, in a meeting set up by Trump campaign aide Michael Caputo. The meeting was previously unreported and follows Stone’s denials that he had any contact with Russians during the campaign.”

    http://thehill.com/policy/national-security/392700-fbi-agent-who-sent-anti-trump-texts-offers-to-testify-on-capitol

    • MaureenW

       /  June 18, 2018

      “This is how innocent people behave.”
      Good of you to summarise Joe, but equally it’s probably also the way desperate people behave.

      • Joe Bloggs

         /  June 18, 2018

        The e-mails between Strzok and Page are a clear indication of criminal intent and need to be thoroughly investigated.

        donald trump asking Russia and Wikileaks to hack into the e-mails of U.S. citizens is just donald trump joking around.

        Do I have that right?

        • MaureenW

           /  June 18, 2018

          I was a joke, televised and said publicly at a Press conference. Clinton made her emails available to the hackers of the world @ clintonemail.com. That’s the real joke.

          • MaureenW

             /  June 18, 2018

            pesky keyboard .. It was a joke, not me, but I’m sure you’ll beg to differ.

            • Joe Bloggs

               /  June 18, 2018

              out of the mouths of babes, Maur… 🙂

    • David

       /  June 18, 2018

      “This is how innocent people behave.”

      This demonstrates a profound ignorance of both the US justice system and why the 5th exists.

      • Joe Bloggs

         /  June 18, 2018

        hahahahahaha – coming from you that’s risible.

        let me repeat: willing to testify without immunity, and would not use the Fifth Amendment rights in response to questions

        when did you ever hear that from trumpy’s mob?

        If the texts between Strzok and Page provide a molehill of evidence of corruption at the FBI, then the messages sent by Trump, Trump Jr., Manafort, Stone, Kushner, Caputo, Papadopoulos, Michael Flynn, and other Trump accomplices provide a mountain of evidence of collusion with Russia.

        There’s no universe in which “We’ll stop it” is incriminating but “I believe you have some information for us,” “I hope you can let this go,” and “I faced great pressure because of Russia—that’s taken off” aren’t.

        In fact, the main difference between Strzok and Trump is that in the IG report, Strzok says he wouldn’t have let bias affect his investigative decisions. Trump, his son, and his aides say just the opposite: that the only reason they didn’t use the dirt promised in the Trump Tower meeting is that the Russians didn’t deliver it.

        https://slate.com/news-and-politics/2018/06/trumps-arguments-about-two-fbi-agents-suggest-ample-evidence-of-russian-collusion.html

  3. MaureenW

     /  June 18, 2018

    Another Hollywood has-been type having a “fuck-you, you feckless piece of complicit shit” moment, this time directed towards Melanie Trump. Pity, I quite liked Kathy Griffin once

    http://www.foxnews.com/entertainment/2018/06/17/kathy-griffin-unleashes-profanity-laced-tirade-at-melania-trump-f-melanie.html

    • Gezza

       /  June 18, 2018

      Hang on I’ll have a look.

      • Gezza

         /  June 18, 2018

        Well, the coarse language is a bit off for some I suppose, but she might have a point. Her husband’s blatantly using screaming little kids forcibly separated bawling from their parents by Sessions to try and force the Democrats to approve his wall building. Stinks to high heaven. His Mrs is trying it on too, from a different angle.

        • Joe Bloggs

           /  June 18, 2018

          it’s called a hostage drama when the ‘bad guys’ do it… so let’s call it what it is:

          The trump administration is forcibly abducting migrant children to use as political hostages.

  4. Joe Bloggs

     /  June 18, 2018

  5. Joe Bloggs

     /  June 18, 2018

  6. Joe Bloggs

     /  June 18, 2018

    Kathy Griffin might have a foul mouth but she raises a fair point.

    trump’s zero tolerance policy has zero humanity:

    – 20 or more in a concrete-floor cage, foil blankets, thin mattress pads, bottled water and food
    – 2,000 children separated from their parents in the past 45 days
    – 100 children under the age of 6 caged like animals at McAllen

    https://www.washingtonpost.com/politics/zero-tolerance-policy-means-zero-humanity-democrats-decry-trump-immigration-policy-after-tour-of-detention-center/2018/06/17/bbf68b2c-7248-11e8-9780-b1dd6a09b549_story.html?utm_term=.f2c03e65edbb