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The Fed is way behind with rate cuts, Trump is showing the world that the Fed is political and he is moving the country away from wealth confiscation. Trump is now issuing letters to many countries, the [CB] is in panic, their system is coming to an end. The [DS] is fighting back with everything they have. The will fight to keep the illegals in the country because if they lose the illegals they lose the ability to cheat in the elections and use the illegals to cause riots. FBI released a memo which reveals that Epstein killed himself and there is no client list or videos. Think about why the memo was released, why was there no date or other marking that are normally on a press release or memo. Did the FBI just expose a leaker? Did the FBI go along with it. Does POTUS telegraph his moves? Would you reveal the evidence now? Justice is coming.

 

Economy

White House Trade and Manufacturing Economy Advisor Peter Navarro Discusses the Misalignment With Fed Chair Powell

White House Trade and Manufacturing Advisor Peter Navarro talks about how the Fed monetary position is lagging with the intent of Trump’s MAGAnomic policy.  In the short review, Chairman Jerome Powell is approximately 0.50% in rate cuts behind the growth plan of President Trump.

  Trump tariffs are the reverse of decades of ‘exfiltration’ of American wealth. Just as there was a shift when the value of the Wall Street economy surpassed the value of the U.S. Main Street economy, 

 

Source: theconservativetreehouse.com

Trump’s tariff policy prioritizes AI, ‘big things’: ‘We’re not looking to make t-shirts and sneakers’

President Donald Trump said that his tariffs strategy, aimed at boosting U.S. industry by taxing foreign products or forcing other nations to lower their trade barriers, is not intended to bring low-skill work such as garment manufacturing to America.

“We’re not looking to make sneakers and T-shirts. We want to make military equipment. We want to make big things. We want to make, do the AI thing,” Trump said.

Source:  worldtribune.com

Trump Announces Tariffs For South Africa, Laos, Myanmar, Malaysia, Kazakstan

The letters closely follow those sent out earlier in the day to Japan and South Korea, whose products will be hit by a 25 percent tariff rate beginning August 1.

Trump told Myanmar and Laos that they will face 40 percent tariffs on their exports, slightly lower than the rates announced at the Trump administration’s April 2nd Liberation Day event. In April, Trump said Myanmar would face a 44 percent tariff and Laos a 48 percent tariff.

South Africa will face 30 percent tariffs, the same rate announced on Liberation Day.

Kazakhstan and Malaysia will both face 25 percent rates, Trump said. Kazakhstan was looking at a 27 percent tariff on Liberation Day and Malaysia was set to be hit with a 24 percent tariff.

The administration appears to be fixing tariff rates in five percentage point steps, rounding up or down from the Liberation Day tariffs.

 

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Political/Rights

Schumer demands investigation of Trump Weather Service vacancies in wake of Texas flooding