I believe this is what the psychiatrists refer to as 'projection'.
And, more:
- US consumers may have to pay more to cover costs of tariffs
(ps there is no may about it)
More:
- Does not think China would retaliate for an increase in tariffs
(LOL)
Still going:
- thinks trade war with China will be fairly short
- he understands September meeting between US and China negotiators is still on
- Powell should be cutting rates, other countries are cutting and we should stay even
----
Oh, if you are down this far …. here are some Asia rumours beginning to do the rounds:
- China has frozen mainland assets of Hong Kong citizens
- Yang Jiechi delivered letter to Trump - with news that China is to to fully take over Hong Kong.... in return China to sign 153 pages of previous agreement on trade deal and buys 10-30 bln $ farm products
Juicy rumours but that's all they are. Make up your own mind. I can't see China caving in and signing the previous agreement FWIW. And, if China want to snaffle up HK they'll do so regardless.
