America

The small of trade war between China and the US is becoming ever more rancid.

In the latest development, this morning we reported that the Trump administration is planning a probe of what the U.S. sees as violations of intellectual property by China. Against a backdrop of Trump’s frustrations with domestic policy, sliding approval ratings and disagreement with China over North Korea, the chances of protectionist action are rising according to Bloomberg while CNBC adds that the official start date of the trade war will be this Friday.

Authored by Taylor Lewis via Mises Canada blog,

"Farewell the plumed troop and the big wars

 

That make ambition virtue! O, farewell!” – Othello

Republicans lost, big league. On the one solid promise they’ve repeated ad nauseam for seven years and running, the party of Reagan came up short.

Authored by Charles Hugh Smith via OfTwoMinds blog,

If our faith in the future and our resilience is near-zero, then we can't take any chances.

You've probably noticed how risk-averse Hollywood has become: the big summer movies are all extensions of existing franchises--mixing up the superheroes in new combinations, or remaking hit films from the past--all safe bets.

Submitted by Investigative historian Eric Zuesse is the author, most recently, of  They’re Not Even Close: The Democratic vs. Republican Economic Records, 1910-2010, and of  CHRIST’S VENTRILOQUISTS: The Event that Created Christianity.

During the latter portion of a phone-call by investigative journalist, Seymour Hersh, Hersh has now presented “a narrative [from his investigation] of how that whole fucking thing began,” including who actually is behind the ‘RussiaGate’ lies, and why they are spreading these lies.

After several days of delays, which prompted speculation among politicians and the media why the White House is dragging its feet on the issue and was the topic of several questions during Rex Tillerson's Tuesday media press conference, moments ago the Donald Trump officially signed into law new Russian sanctions that prevent the president from acting unilaterally to remove certain sanctions on Russia and adds sanctions against Russia, Iran and North Korea.