Fox News presenter Jesse Watters admitted that President Donald Trump would collapse his reaction to the stock market in a very different way if Joe Biden had.
Çapa mocked five -fifth on Monday after showing the clips of the democrats who criticized Trump to play golf as global markets lost trillions at the weekend.
Watters said Trump played golf during the crisis.
‘But if Biden is golf during such a stock market, I’m sure I don’t say a word.’
The Fox News panel admitted that Trump had spent time in the golf field in the middle of the crisis and gave ammunition to the democrats, and the President also jumped the honorable transfer of the four -fell soldier to play golf on Friday.
While the tariff plan continues to damage global markets, Watters said he did not panic ‘about the Turkish tariffs because he decided not to look at the bank account.
I’m afraid, ‘he added.
After introducing Trump’s ‘Liberation Day’ tariffs on Wednesday, Watters targeted the economy struggling for the US economy, including a 10 percent ‘basic’ tax that multiplied all US imports except for goods from Mexico and Canada.
FOX News presenter Jesse Watters confessed that President Trump’s reaction to the stock market would collapse in a very different way if Joe Biden were
Trump was criticized for playing golf at the weekend because global markets were sent to a queue point, Watters said that it was a middle finger for all these foreign countries trying to ‘ride the phone and negotiate these tariffs.
More tariffs for goods from 57 trade partners, including the European Union and China, will enter into force on Wednesday and send global markets to a tail point as industries react to heavy tariffs.
World -renowned economist Brent Neiman announced that President Donald Trump was stunned when he noticed that he used his research to take advantage of the worldwide tariffs, and claimed that the administration has largely calculated how much each country owes.
Chicago University Professor of Economics and Biden Treasury official Neiman, the President on Wednesday 60 countries to impose the amount of tariff shows the sign of confused, he said confused.
‘My first question, when the White House revealed the tariff regime: How did they calculate such great proportions?’ Written for an op-ed New York Times.
Neiman, who has prestigious degrees from Harvard, Oxford and Upnen, answered the next day when he realized that the ordeal was ‘personal’.
‘The US Trade Representative’s Office published the methodology and supported an academic article produced by four economists, including me, apparently supported the numbers’.
But they got it wrong. Very wrong. ‘
Neiman explained that Trump administration accidentally added 25 percent ratio created by Neiman and his colleagues – that means that Trump’s tariff rates should be four times less.
Brent Neiman, a professor of economics at the University of Chicago, was stunned when he found out that he called the Trump administration to investigate to benefit from the worldwide tariffs.
Nieman wrote that the President was confused when he held the sign that Trump will impose on the 60 countries he called the day of liberation on Wednesday.
‘Where does 25 percent come from?’ Neiman asked, rhetoric. Is it about our study? I don’t know.’
‘Our findings show that the calculated tariffs should be significantly smaller – perhaps one -quarter is large.’
Neiman also hit the president because he benefited from ‘mutual tariffs’ in order to end the trade deficits with the country’s major trade partners.
Is this a reasonable goal? Not, ‘OP-ED’de trade balances are inevitable and argued.
‘The Americans spend more than the Sri Lankans spend on American drugs and gas turbines on the clothes made in Sri Lanka. So what?’ Explained.
Neiman, ‘Each country does not have similar natural resources or development levels,’ he continued. ‘Open numbers do not allow him to prove unfair competition.’
The economist also quoted the Nobel Prize -winning Robert Solow to explain his reasoning. Solow once said, ‘I have a chronic deficit with my barber who did not take anything narrow from me.’
‘Mr. Solow also made a chronic surplus with his students, and these imbalances do not reveal anything about the trade barriers in hair care or higher education and will not speak with financial health. ‘
Neiman warned that Trump’s tariffs ‘tariffs will bring the average tariff rates to the highest levels in 100 years, saying that’ workers, companies, consumers and stock exchanges around the world ‘and’ in 100 years.
“And a” do it to others “, although it is invoiced as a trade policy, they are not calculated in accordance with the Golden Rule of the Bible,” he said, that foreign tariffs on American goods are not close to the levels of Trump.
On Monday, the European stocks lived in the worst daily autumn since the beginning of Covid Pandememi, and Japan’s comparison Nikkei 225 index closes about 8 percent lower than Friday, while wider topix decreased by 7.7 percent.
Economists in the world are now worried about a global economic decline, and betting markets now have a chance of 62 percent of the United States’s chances of getting into a stagnation this year.
