tariff war – bibi1581.com

Posted on September 18, 2018September 18, 2018 by 1910emo1997

Bibi1581 Blog For 09/17/2018: Evening Edition

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1…………> Today’s White House Tweets: President Trump

Verified account 3 hours ago

2…………> First Responders: American Pride

American resiliency is on full display in the aftermath of Hurricane Florence. Over the weekend, America watched as brave first responders put their own lives at risk to help others across the Carolinas and elsewhere.

As the flooding continues in North and South Carolina, rescue workers remain on the job with full support from Federal agencies. President Donald J. Trump put extensive preparations in place to assist state and local governments ahead of the storm, including nearly 4,000 Federal Employees—more than 1,000 of them from the Federal Emergency Management Agency (FEMA).

https://www.whitehouse.gov/briefings-statements/president-donald-j-trump-approves-south-carolina-disaster-declaration-2/?utm_source=ods&utm_medium=email&utm_campaign=1600d

3…………> Recovery Efforts: Housing, Loans, Grants

Federal assistance include grants for temporary housing and home repairs, low-cost loans to cover uninsured property losses, and other programs to help individuals and businesses recover from the storm.

“The Federal Government has dispatched nearly 20,000 Federal and Military personnel to assist in the response and recovery effort,” President Trump said today. “Every relevant Federal resource is marshaled to help those in need. Many lives have been saved already . . . The job they’re doing is incredible.”

Watch President Trump’s latest statement on the recovery effort.

4…………> A Full Blown Tariff War: China

The new $200 billion dollars of higher import taxes on China will apply to almost 6,000 items, including handbags, rice and textiles, but smart watches and high chairs have been excluded.

President Donald Trump said the latest round of tariffs was in response to China’s “unfair trade practices, including subsidies and rules that require foreign companies in some sectors to bring on local partners.

“We have been very clear about the type of changes that need to be made, and we have given China every opportunity to treat us more fairly.

“But, so far, China has been unwilling to change its practices,” he said.

https://www.bbc.com/news/business-45555749

5…………> Market Report 09/17/2018, sell stop 25950, CG(12,302), 11/22/17

Extended position at 24400, sell stop 25400 for a gain of 1000 DIA points closed. Short post established at 25380, covering short at 25300 for an increase of 80 DIA points. New position extended 25300, sell stop at 25950 for a gain of 6500 DIA points.

Stocks down 93 to 26062, DJ futures +21, attempt to stage a short covering rally continuing due to anti-tariff talks with China.

Gold down to 1203.50 and USD/CHF down 0.99 due to President Trump setting tariffs on Chinese products. Translation? As the dollar goes down, we have to wait and see if the new Fed Chair Jerome Powell will continue pressuring gold and the Eurasian block with it down below $1000/oz in an economic WW3. Watch sell stop at 25,950.  We have to wait and see if new Fed chair Powell will attempt to destroy Eurasian block by sending gold prices below 1000, despite the fact both Russia and China have been buying their whole gold production in local gold backed currency instead of money printing machines. In other words, US has lost controls of the precious metals complex, and with Trump’s infrastructure and tax cut campaign the National debt will soon be at, or over 30 trillion dollars, since D.C. swamp alligators have no intention dropping their pet projects. Read “Ziban Must Die” for more details on the coming collision of Trump’s administration with “Deep State” operators funded by the billionaires’ supporters of the New World Disorder.

Please visit https://bibi1581stem.blogspot.com/ to read Bibi1581 historic blogs

Posted on August 31, 2018 by 1910emo1997

Bibi1581 Blog For 08/30/2018: Evening Edition

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1…………> A Criminal Enterprise: Mexican Gang

A documented member of the gang “Los Tumbadores” identified as Aron Alexi Herrera Munguia, 29, from Honduras, a member of a group known for preying on illegal aliens — was sentenced Wednesday to 40 years in prison following his conviction for rape and robbery of two women who owned a bar in the Houston, Texas, area.

Munguia is the sixth member of Los Tumbadores to be convicted in state court as part of this investigation. These convicted defendants, all Honduran men in their twenties or early thirties, chose victims whom they believed would be too afraid to call the police for fear of deportation.

“They thought they could operate with impunity as they preyed on their people,” Harris County District Attorney Kim Ogg said.

“These officers and agents pursued the defendants over several years and the boundaries of multiple investigations; state and federal. Their selfless cooperation and collaboration with our gang and organized crime team led these defendants to inevitable justice.”

https://www.ice.gov/news/releases/houston-area-member-gang-known-preying-illegal-aliens-sentenced-40-years-rape-robbery

2…………> Trump’s Broom: Illegal Trash Collectors

Houston-based Waste Management of Texas has agreed to forfeit more than $5.5 million and perform remedial measures for a documented pattern and practice of hiring illegal aliens at the company’s Afton, Texas, location. The five-year investigation that led to the forfeiture was conducted by U.S. Immigration and Customs Enforcement’s (ICE) Homeland Security Investigations (HSI) in Houston, Texas.

“The non-prosecution agreement requires Waste Management to continue its substantial remedial measures to address all past immigration violations and forfeit more than $5.5 million in proceeds gained from hiring an illegal workforce at the Afton location,” said U.S. Attorney Ryan K. Patrick, U.S. Southern District of Texas.

“In considering whether to enter into such agreements, we must take into account the collateral consequences that a criminal prosecution would have on the company’s contracts with many municipalities across the country and the thousands of employees for the conduct of three managers at one operating unit in Houston.” Waste Management Inc. is North America’s leading provider of waste disposal and collection headquartered in Houston.

https://www.ice.gov/news/releases/houston-based-waste-management-company-forfeits-more-55-million-knowingly-hiring

3…………> “Take This WTO & Shove It”: Trump

“If they don’t shape up, I will withdraw from the WTO,” Mr. Trump said in an interview with Bloomberg News regarding his threat to withdraw the US from the World Trade Organization, the world body “[that was] was set up to benefit everybody but us… We lose the lawsuits, almost all of the lawsuits in the WTO.”

The WTO was established to provide rules for global trade and resolve disputes between countries. But Mr. Trump, who has been pushing protectionist policies, says the body mistreats the US. His warning about a possible US pull-out from the organization highlights the conflict between the president’s trade policies and the open trade system that the WTO oversees.

https://www.bbc.com/news/world-us-canada-45364150

4…………> Full Blown Tariff War: US vs China

The U.S. may impose additional tariffs on Chinese goods as high as 200 billion dollars early next week after a public comment period on the issue ends on Sept. 6 deadline, according to Bloomberg News.

The President said last month that he is ready to increase tariffs to $500 billion, almost the total value of goods the U.S. imported from China in 2017, and so far Beijing has not reciprocated with draconian measures, such as selling its 2.5 trillion dollars US Treasuries bond portfolio, or stop trading in US dollars, and switching to the long threatened use of IMF SDR instrument as an alternative to the new world reserve currency.

After the report, U.S. stocks declined with the Dow down 137 points. The S&P 500 and the Nasdaq each ended four-day record-breaking streaks.

http://v.aa.com.tr/1242895

5…………> Market Report 08/30/2018, sell stop 25800, CG(12,302), 11/22/17

Stocks down 138 to 25987, DJ futures -15, attempt to stage a short covering rally continuing due to anti-tariff talks with China.

Gold down to 1207.9 and USD/CHF down 0.99 due to President Trump setting tariffs on Chinese products. Translation? As the dollar goes down, we have to wait and see if the new Fed Chair Jerome Powell will continue pressuring gold and the Eurasian block with it down below $1000/oz in an economic WW3. Watch sell stop at 25,800.  We have to wait and see if new Fed chair Powell will attempt to destroy Eurasian block by sending gold prices below 1000, despite the fact both Russia and China have been buying their whole gold production in local gold backed currency instead of money printing machines. In other words, US has lost controls of the precious metals complex, and with Trump’s infrastructure and tax cut campaign the National debt will soon be at, or over 30 trillion dollars, since D.C. swamp alligators have no intention dropping their pet projects. Read “Ziban Must Die” for more details on the coming collision of Trump’s administration with “Deep State” operators funded by the billionaires’ supporters of the New World Disorder.

Please visit https://bibi1581stem.blogspot.com/ to read Bibi1581 historic blogs.

Posted on August 15, 2018August 15, 2018 by 1910emo1997

Bibi1581 Blog For 08/14/2018: Evening Edition

Bibi1581.com

1…………> Central Bankers: Villans Or Terrorists?

The Latin quote “quis custodiet ipsos custodes?” means, “who will guard the guardians?”, and speaking about the “guardians” of US money aka as the Federal Reserve, it has turned out to be the invisible, unelected, answerable to no one true government of the US that in the last twenty years has obediently loaded every US person with $65,000 of debt, for a spectacular total of $21.3 trillion(with 12 zeros) dollars.

So what’s up currently with Turkey, Russia, China, Iran, Venezuela and the other members of the BRICK and Eurasian blocks whose currencies have nosedived due to so-called tariffs imposed by the Trump’s administration?

Obama’s appointed Fed governor Mr. Powell has raised rates to over 5% from 8 years of zero% rates, increasing National debt service by $100 billion per year and set US dollar to par with the Swiss frank. In addition, anyone who owes dollars among the countries mentioned above is being crushed by the US Treasury FOREX war promulgated as a tariff war, when in substance is a brutal attempt to rectify 40 years of exporting US capital and knowhow to the “World Middle Class” countries that has turned China into a superpower whom the US is about to face very shortly in the boiling powder cake of South China Sea. Stand by.

https://p.dw.com/p/338ZR

2…………> The Island That Defeated The Nazis: Crete

Illustrious Greek island of Crete has been in the crossroads of history from the beginning of time, most recently fought for independence after 250 years of Ottoman occupation, then challenged Hitler’s hordes using whatever little weaponry they had.

The Cretan Resistance earned the great honor to be credited with fatally delaying the Nazi invasion of the Soviet Union, while also reducing the number of troops available for missions in the Middle East and Africa.

Despite repeated attacks from the Nazis on local villages and communities, the Cretan Resistance remained active until the Germans surrendered four years later, in 1945.

http://www.bbc.com/travel/story/20180814-how-crete-changed-the-course-of-world-war-ii

3…………> FOREX Wars: Turkey & Co

Turkey’s President Recep Tayyip Erdogan said that his country will boycott US electronic products after Washington imposed punitive sanctions on Ankara.

“If [the US] has the iPhone, there’s Samsung on the other side,” Mr. Erdogan said, referring to Apple and its South Korean competitor.

After US doubled tariffs over Turkey’s refusal to extradite a US pastor who is imprisoned there, the lira plunged by a 20% in response. President Erdogan said Turkey was taking measures to stabilize the economy, and should not “give in to the enemy” by investing in foreign currencies.

Donald J. Trump ✔ @realDonaldTrump

I have just authorized a doubling of Tariffs on Steel and Aluminum concerning Turkey as their currency, the Turkish Lira, slides rapidly downward against our firm Dollar! Aluminum will now be 20% and Steel 50%. Our relations with Turkey are not good at this time!

5:47 AM – Aug 10, 2018

122K

88.1K people are talking about this

End of a Twitter post by @realDonaldTrump

ERR1

4…………> Swarming Exercises: The Black Sea

Aug. 13, 2018
Bulgarian Navy patrol boats engage in a swarming exercise with the Arleigh Burke-class guided-missile destroyer USS Carney (DDG 64) in the Black Sea. U.S. 6th Fleet, headquartered in Naples, Italy, conducts the full spectrum of joint and naval operations, often in concert with allied and interagency partners, in order to advance U.S. national interests, security and stability in Europe and Africa. U.S. Navy photo by Mass Communication Specialist 2nd Class Jonathan Nelson (Released) 180813-N-WO404-321

http://www.navy.mil/management/photodb/webphoto/web_180813-N-WO404-321.jpg

5…………> Market Report 08/14/2018, cover short 25300, CG(12,222), 11/22/17

Position short 24400 closed, cover shortstop 24500, for a loss of 50 DIA points.  Last location long 24500, stop 25100 for a gain of 600 points. Previous post long 24350, sell stop triggered at 25350 for a paper gain of 1000 points. Short position at 25300, cover shortstop closed at 23350 for a loss of 50 DIA points. Extended position at 24400, sell stop 25400 for a gain of 1000 DIA points closed, and short post established at 25380, cover short at 25300 for an increase of 80 DIA points.

Stocks were up 122 to 25300, DJ futures -47, attempt to stage a short covering rally continuing.

Gold down to 1194.9 and USD/CHF down 0.99 due to President Trump setting tariffs on Chinese products. Translation? As the dollar goes down, we have to wait and see if the new Fed Chair Jerome Powell will continue pressuring gold and the Eurasian block with it down below $1000/oz in an economic WW3. Watch cover short at 25,300. We have to wait and see if new Fed chair Powell will attempt to destroy Eurasian block by sending gold prices below 1000, despite the fact both Russia and China have been buying their whole gold production in local gold backed currency instead of money printing machines. In other words, US has lost controls of the precious metals complex, and with Trump’s infrastructure and tax cut campaign the National debt will soon be at, or over 30 trillion dollars, since D.C. swamp alligators have no intention dropping their pet projects. Read “Ziban Must Die” for more details on the coming collision of Trump’s administration with “Deep State” operators funded by the billionaires’ supporters of the New World Disorder.

Please visit https://bibi1581stem.blogspot.com/ to read Bibi1581 historic blogs.