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Old 07-06-2018, 11:29 AM
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Rajoo Rajoo is offline
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Join Date: Mar 2013
Location: Sierras
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This column is probably behind a paywall. One can vividly see the corruption and self dealing within the Trump Organization, especially with ZTE. This strictly ego driven trade war will wreak havoc on specific industries and their employees, not to mention permanent loss of jobs from companies moving operations outside the US such as HD. All this to mostly resuscitate a coal and steel industry of the 60's and 70's, long dead and gone.

As tariffs near, Trump’s business empire retains ties to China
Quote:
Chinese government-backed firms are slated to work on parts of two large developments — in Dubai and Indonesia — that will include Trump-branded properties.

The Trumps are the landlord to one of China’s top state-owned banks, which has occupied the 20th floor of Trump Tower in Manhattan since 2008. The bank’s lease is worth close to $2 million annually, according to industry estimates and a bank filing.

And despite the Trump administration’s focus on American manufacturing, assembly-line workers in China still produce blouses, shoes and handbags for the clothing line created by Trump’s daughter Ivanka, a White House adviser.

The tariffs that were set to kick in at 12:01 a.m. Friday are not expected to affect the Trumps’ financial interests, but the family’s business presence in China is awkward as the two countries ratchet up their protectionism.
https://www.washingtonpost.com/polit...=.107f46f44072
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