The Trump administration’s increasingly higher tariffs on Chinese imports are not a bad idea, Lloyd Blankfein said Tuesday.
— Lloyd Blankfein May 14, 2019 In a follow-up tweet about an hour later, Blankfein — who now serves as Goldman’s senior chairman — said U.S. companies may ultimately benefit. — Lloyd Blankfein May 14, 2019 Blankfein’s comment that U.S. consumers may pay “a bit more” may ring hollow to some, as he had an estimated net worth of $1.1 billion as of 2017, according to Forbes.
How much is trump paying LB?
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Goldman ex-CEO Blankfein: Tariffs may hurt the US, but China loses moreThe United States may be feeling the pain of tariffs now, but they will hurt China in the longer term, says former Goldman Sachs CEO Lloyd Blankfein. Needs taxes on every borders or Airports most the Port. We didn't sale much only Tech and the secret China buy. They still want Boeing to copy. Needs foreigner taxes. Also taxes on Chinese companies every quarter report to make$$$. We need to. What did China do wrong for America wanting to hurt it so badly? Because they work hard to make a life?
Source: CNBC - 🏆 12. / 72 Read more »
Democratic congressman says he is 'ready' to throw Barr in jailA Democrat on the House Ways and Means Committee said Tuesday he does not want to throw Attorney General William Barr in jail but is 'ready to do so.' OhioForBiden2020 I stand with Barr William Barr for prison.
Source: CNN - 🏆 4. / 95 Read more »
Trump’s tariffs, once described as negotiating tools, may be here to stayThe failure of the United States and China to reach agreement raises the risk of permanent tariffs. Because the President is really, really bad at this. МГУ вогулу итоге смаку Джош толка полна душ 👁👅👁 SenJoniErnst will have a lot of explaining to do when she goes home next
Source: washingtonpost - 🏆 95. / 72 Read more »
Goldman ex-CEO Blankfein: Tariffs may hurt the US, but China loses moreThe United States may be feeling the pain of tariffs now, but they will hurt China in the longer term, says former Goldman Sachs CEO Lloyd Blankfein. Needs taxes on every borders or Airports most the Port. We didn't sale much only Tech and the secret China buy. They still want Boeing to copy. Needs foreigner taxes. Also taxes on Chinese companies every quarter report to make$$$. We need to. What did China do wrong for America wanting to hurt it so badly? Because they work hard to make a life?
Source: CNBC - 🏆 12. / 72 Read more »
Trump says China tariffs 'may or may not be removed' while trade talks continueThe statement came as high stakes U.S. trade talks with China ended early Friday afternoon with positive signs but still far from a deal. *Trump Wins Tariff Oscar* The Gold Milk? award for the worst performance by a celebrity manipulating global tariffs goes to President Trump. The award was named in honor of one of the hardest hit groups from the ill-considered tariff wars, the U.S. dairy farmers. President Trump issued a statement about the high-level trade talks this week with a Chinese delegation, saying the tariffs his admin. imposed on American Consumers today 'may or may not be removed' while trade talks continue.
Source: CNBC - 🏆 12. / 72 Read more »
EU trade chief sees possible extension to May 18 deadline for U.S. car tariffs: newspaperEuropean Trade Commissioner Cecilia Malmstroem expects U.S. President Donald Tru... Who will stop Trump to indoctrinate and manipulate. One fool can destroy more than a thousand good willing can create... send republicans voters back to their original family tree birth country. They need to start over and relearn life.
Source: Reuters - 🏆 2. / 97 Read more »
Tariff tumult boosts view that Fed may cut U.S. ratesU.S. President Donald Trump's decision to jack up tariffs on goods from Chi... How does this not benefit Trump, et al? Fed may cut U.S. rates? Rates are too high & money's too tight in relation to the undervalued Chinese yuan. We've got a currency war to fight. Sooner or later, we'll have to cut loose with some money to get around that Chinese naval blockade. Everybody likes a cut in rates.But Trump is getting money the HARD WAY. There have to be taxes to fix infrastructure. Trump is going to make sure we PAY into a RECESSION! Trump will start a recession and a new President will be blamed!!! Just you watch!!!
Source: Reuters - 🏆 2. / 97 Read more »
Here's how China may retaliate to Trump's tariff hikeChina's Commerce Ministry said it would take countermeasures against the American tariff hike. It did not announce what its response would entail but said it 'deeply regrets' the turn of events. We still haven't put tariffs on all of their goods. I was told China is the biggest producer of rare earth...up to 95% of global demand...they could stop this sales to products going to the States...what do you think? US/China trade war boils down to who blinks 1st. Who blinks? Easy answer. Trump is on a 2020 deadline...Xi Jinping isn't.
Source: CNBC - 🏆 12. / 72 Read more »
Chinese companies brace for tariff hike: ‘If the tariffs rise to 25%, then we’re done for’Chinese exporters of all sorts of products, from power adapters and computers to vacuum cleaners, are anxiously hoping trade talks in Washington this week... Ouch! That is hurted! 95% of chinese population would not dare to speak against their leaders! Screws consumers as always!
Source: MarketWatch - 🏆 3. / 97 Read more »
Lloyd's of London commissions survey to improve workplace behaviourLloyd's of London has asked the Banking Standards Board to conduct a survey...
Source: Reuters - 🏆 2. / 97 Read more »