Washington Post (July 30)
“Trump has repeatedly said he would protect American farmers in the trade war, last week setting aside $12 billion to help them, but he is facing pressure to extend aid to other industries…. The U.S. Chamber of Commerce on Monday estimated the total price tag could hit $39 billion if Trump compensated the losses across all industries.” But most “critics of Trump’s trade policy are calling on him to de-escalate the trade war rather than try to bail out the businesses hurt by it.”
Tags: Bail out, Chamber of Commerce, Compensate, De-escalate, Farmers, Industries, Losses, Trade policy, Trade war, Trump, U.S.
Bloomberg (March 28)
“The first attempt to bail out Cyprus was such a shambles that the second looks smart by comparison.” The second plan, however, is by no means a success. In fact, it’s “still a disaster.”“The first attempt to bail out Cyprus was such a shambles that the second looks smart by comparison.” The second plan, however, is by no means a success. In fact, it’s “still a disaster.”