Trump mocks Fed’s Powell: ‘He’s trying to prove how tough he is’

President Donald Trump on Wednesday flayed the chairman of the Federal Reserve, mocking Jerome Powell’s insistence that he won’t bow to political pressure when determining monetary policy.

“We have a man that doesn’t do anything for us,” Trump said in an interview on Fox Business Network’s “Mornings with Maria,” contrasting Powell’s decision to hike interest rates with the policies of places like China and Europe.

Trump has repeatedly hammered Powell over his rate hikes, prompting the Federal Reserve chairman to say in a speech on Tuesday that he would resist the political pressure emanating from the White House and the president’s Twitter feed.

A day after Trump accused Powell of acting like a “stubborn child” for not cutting interest rates last week, Powell defended the central bank’s insulation from politics — a signature facet of the U.S. financial system — saying that Congress aimed to avoid “the damage that often arises when policy bends to short-term political interests.”

Trump argued to host Maria Bartiromo on Wednesday that Powell “should’ve never raised the [interest] rates to the level that he raised them,” complaining that the Fed was constraining economic growth. And when Bartiromo brought up Powell’s remarks, the president responded with ridicule.

“So now he’s trying to prove how tough he is because ‘he’s not gonna get pushed around,’” Trump said mockingly. “Here’s a guy — nobody ever heard of him before, and now, I made him, and he wants to show how tough he is.”

And though Powell has halted rate hikes for the time being, saying last week that the Fed stands ready to cut rates, Trump continued to ratchet up his criticism. “Let him show how tough he is — he’s not doing a good job,” Trump said, adding that he was being “nice about it.”

Trump constantly complains that Powell has not pursued the easy money policies employed by countries like China, claiming that Beijing devalues its currency to keep the U.S. from negotiating trade deals on a level playing field.

His frequent criticisms have fueled rumors that Trump may try to fire or demote Powell, something he denied Wednesday even as he insisted he has the right to do so.

“I have the right to demote him, I have the right to fire him,” Trump said.

He then said the Fed is doing the opposite of what the European Central Bank under President Mario Draghi is doing and joked: “We should have Draghi instead of our Fed person.”

Draghi, whose term at the ECB ends on Oct. 31, earlier this month said that if the eurozone’s economic situation deteriorates in the coming months the bank would announce further stimulus measures.

The euro dropped 0.2 percent against the dollar within minutes of Draghi’s remarks, which caught the attention of Trump, who tweeted: “Mario Draghi just announced more stimulus could come, which immediately dropped the Euro against the Dollar, making it unfairly easier for them to compete against the USA. They have been getting away with this for years, along with China and others.”

Shortly after Trump added: “European Markets rose on comments (unfair to U.S.) made today by Mario D!”

[Politico]

Trump says Kim has ‘kept his word’ hours after Bolton said he hasn’t

President Donald Trump said Tuesday that North Korean leader Kim Jong Un has “kept his word” when it comes to nuclear and missile testing, contradicting his own national security adviser, John Bolton, who just hours earlier had accused Pyongyang of failing to follow through on its commitments.

Speaking to reporters on the South Lawn of the White House, Trump said he had received a warm letter from Kim before again downplaying North Korea’s latest test of a short-range ballistic missile — a move Bolton and acting Secretary of Defense Patrick Shanahan have said violated UN resolutions.

“He kept his word. There’s no nuclear testing. There’s no large, there’s no long-range missiles going up. The only things he’s set up were very short term, short range. That was just a test of short range. It’s a whole different deal, but he’s kept his word to me. That’s very important,” the President said.

Earlier Tuesday, Bolton had told the Wall Street Journal at a speaking event in Washington that North Korea is not complying with the terms agreed upon during Trump’s first summit with Kim, in Singapore last year.

“What they’ve said was that they’re not going to test ballistic missiles, intercontinental range ballistic missiles, or have nuclear tests. That’s continued. They’re doing a lot of other things that still indicate that they have not made a strategic decision to give up the pursuit of deliverable weapons, which is why we continue the maximum pressure campaign,” Bolton said.

In May, Bolton said that “there is no doubt” the tests violated the UN resolutions, something Shanahan has also said publicly.

But that conclusion is at odds with Trump’s own assertions.

“My people think it could have been a violation,” Trump said in May. “I view it differently.”

The President added that he thinks Kim could be a man “who wants to get attention,” but said there are no nuclear tests or long-range missiles being fired, something he again pointed out Tuesday.

Trump claims remains ‘keep coming back’

Trump also claimed Tuesday that the remains of US soldiers in North Korea “keep coming back,” despite the US Defense POW/MIA Accounting Agency telling CNN in May that the effort was suspended due to a lack of communication from North Korean officials following the second summit between the two leaders, in Hanoi, Vietnam, earlier this year.

“We have a very good relationship together,” Trump said of Kim. “Now I can confirm it because of the letter I got yesterday, and I think something will happen that’s going to be very positive. But in the meantime, we have our hostages back, the remains keep coming back, we have a relationship.”

The return of American remains was part of the US-North Korea agreement reached during Kim and Trump’s Singapore summit.

Following the summit, North Korea handed over 55 cases of presumed remains of US service members killed during the 1950-53 Korean War.

“DPRK officials have not communicated with DPAA since the Hanoi summit,” Chuck Prichard, a spokesman for the Defense POW/MIA Accounting Agency, said in May.

“As a result, our efforts to communicate with the Korean People’s Army regarding the possible resumption of joint recovery operations for 2019 has been suspended,” he added.

‘I wouldn’t let that happen’

Trump would not confirm reports that Kim Jong Un’s half brother was a CIA asset Tuesday but said he would tell Kim that “would not happen under my auspice.”

“I saw the information about the CIA with respect to his brother or half brother and I would tell him that would not happen under my auspice, that’s for sure. I wouldn’t let that happen under my auspices,” he said when asked about details published by the Wall Street Journal.

The CIA operative claims are also described in a book by Washington Post reporter Anna Fifield published on Tuesday. “The Great Successor,” about Kim Jong Un, details meetings between Kim Jong Nam and his handlers in the two countries. The CIA has declined to comment to CNN.

When asked if the CIA was wrong to use Kim’s half-brother as an asset if it did indeed do so, Trump said: “I don’t know anything about that. I know this, that the relationship is such that that wouldn’t happen under my auspices, but I don’t know about that. Nobody knows.”

[CNN]

Trump claims ‘a National Holiday would be immediately declared’ if Obama made the deals he has


President Trump
 on Sunday claimed that “a National Holiday would be immediately declared” if former President Obama made the deals on immigration and the economy that he has. 

“If President Obama made the deals that I have made, both at the Border and for the Economy, the Corrupt Media would be hailing them as Incredible, & a National Holiday would be immediately declared,” Trump wrote in a post on Twitter. “With me, despite our record setting Economy and all that I have done, no credit!”

Trump in a series of tweets on Sunday morning touted his border security deal with Mexico, which averted tariffs on the U.S.’s southern neighbor, and knocked the media for its coverage of the agreement.

On Friday, he struck a deal with Mexico that called for the U.S. to drop plans to impose sweeping tariffs on the country in exchange for Mexico’s promise to crack down on illegal migration.

[The Hill]

‘All of it is new’: Trump, administration officials defend deal with Mexico against reports saying little is new

President Donald Trump and senior members of his administration on Sunday defended the U.S. agreement with Mexico to avoid tariffs that Trump threatened to impose if the country did not stem the flow of migrants, disagreeing with critics who said the U.S. got little new in exchange for dropping the threat.

“All of it is new,” Acting Homeland Security Secretary Kevin McAleenan told “Fox News Sunday.” “We’ve heard commitments before from Mexico to do more on their southern border. The last time they deployed down there is about 400 or 500 officers. This is more than a tenfold commitment to increase their security.”

Democrats derided the deal as overblown and unnecessary.

“I think the president has completely overblown what he purports to have achieved,” said Beto O’Rourke, a Democratic presidential candidate, speaking on ABC’s “This Week” show. “These are agreements that Mexico had already made, in some cases, months ago. They might have accelerated the timetable, but by and large, the president achieved nothing except to jeopardize the most important trading relationship that the United States of America has.”

A senior administration official told NBC News that some key elements of the deal, announced Friday, had been agreed to months ago, but added that the two sides had agreed to expand on some of the previous commitments.

Mexican officials agreed to move more quickly to deter migrants than they had previously, the official said, adding that their commitment to deploy up to 6,000 troops was modestly larger than the earlier agreement, representing a promised personnel increase of about 10 percent.

The official also pointed to an expansion of the program allowing migrants to remain in Mexico while their asylum cases are processed as something new, with both sides agreeing to increase resources in the effort.

Mexico did not agree to accept what is called a “safe third country” treaty, which would have allowed the U.S. to reject asylum seekers if they had not first applied for refuge in Mexico — something the Trump administration had strongly pushed for.

The New York Times, citing U.S. and Mexican officials familiar with the negotiations, reported Saturday that while Trump excitedly presented the agreement as a groundbreaking deal, it contained actions largely agreed upon in earlier negotiations.

The Mexican government had already pledged to deploy its national guard to stem the flow of migrants during secret negotiations with then Homeland Security Secretary Kirstjen Nielsen in March, the Times reported. And the agreement to expand a program that allows asylum seekers to stay in Mexico while their cases are processed was reached in December and announced by Nielsen to the House Judiciary Committee in a hearing that same month.

The president disputed the Times’ report in a Twitter post on Sunday, calling the article “another false report” and lamenting that he was not getting enough credit in the media for his dealmaking.

“We have been trying to get some of these Border Actions for a long time, as have other administrations, but were not able to get them, or get them in full, until our signed agreement with Mexico,” Trump wrote. “Additionally, and for many years, Mexico was not being cooperative on the Border in things we had, or didn’t have, and now I have full confidence, especially after speaking to their President yesterday, that they will be very cooperative and want to get the job properly done.”

Trump added that there were “some things” the countries agreed on that were “not mentioned” in his administration’s press release, but he did not say what those were.

In a tweet on Saturday, Trump said Mexico agreed to “immediately begin buying large quantities of agricultural product from our great patriot farmers!”

But in an interview with CBS’s “Face the Nation,” Mexican ambassador to the U.S. Marta Bárcena Coqui did not confirm whether any such agreement regarding agricultural products was a part of the deal.

On Friday, the two countries reached an agreement after days of negotiations in Washington that led Trump to drop — at least temporarily — his threat of tariffs on Mexican goods that would have increased in 5 percent increments to 25 percent over a several-month span.

In announcing the agreement, the State Department said Mexico agreed to deploy its national guard, “giving priority to its southern border,” while expanding “migrant protection protocols” requiring those seeking asylum in the U.S. to stay in Mexico until their cases are processed. Many of the specifics of the agreement have yet to be released.

While Trump has hailed the agreement on Twitter, the White House is taking a wait-and-see approach to the deal. The senior administration official said the administration will monitor the flow of migrants at the border to see if Mexico is carrying out its promises and if it’s working to curb the flow of migration. If Trump feels enough progress has not been made, the deal may be re-evaluated.

After threatening substantial tariffs on Mexico, Trump had come under intense pressure from business leaders and top Republicans to retract the threat because of concerns such tariffs could cause substantial harm to the U.S. economy.

On “Fox News Sunday,” McAleenan said the threat of tariffs worked.

“People can disagree with the tactics,” he said. “Mexico came to the table with real proposals.”

[NBC News]

Mexico Agreed to Take Border Actions Months Before Trump Announced Tariff Deal

 The deal to avert tariffs that President Trump announced with great fanfare on Friday night consists largely of actions that Mexico had already promised to take in prior discussions with the United States over the past several months, according to officials from both countries who are familiar with the negotiations.

Friday’s joint declaration says Mexico agreed to the “deployment of its National Guard throughout Mexico, giving priority to its southern border.” But the Mexican government had already pledged to do that in March during secret talks in Miami between Kirstjen Nielsen, then the secretary of homeland security, and Olga Sanchez, the Mexican secretary of the interior, the officials said.

The centerpiece of Mr. Trump’s deal was an expansion of a program to allow asylum-seekers to remain in Mexico while their legal cases proceed. But that arrangement was reached in December in a pair of painstakingly negotiated diplomatic notes that the two countries exchanged. Ms. Nielsen announced the Migrant Protection Protocols during a hearing of the House Judiciary Committee five days before Christmas.

And over the past week, negotiators failed to persuade Mexico to accept a “safe third country” treaty that would have given the United States the legal ability to reject asylum seekers if they had not sought refuge in Mexico first.

Mr. Trump hailed the agreement anyway on Saturday, writing on Twitter: “Everyone very excited about the new deal with Mexico!” He thanked the president of Mexico for “working so long and hard” on a plan to reduce the surge of migration into the United States.

It was unclear whether Mr. Trump believed that the agreement truly represented new and broader concessions, or whether the president understood the limits of the deal but accepted it as a face-saving way to escape from the political and economic consequences of imposing tariffs on Mexico, which he began threatening less than two weeks ago.

Having threatened Mexico with an escalating series of tariffs — starting at 5 percent and growing to 25 percent — the president faced enormous criticism from global leaders, business executives, Republican and Democratic lawmakers, and members of his own staff that he risked disrupting a critical marketplace.

After nine days of uncertainty, Mr. Trump backed down and accepted Mexico’s promises.

Officials involved with talks said they began in earnest last Sunday, when Kevin K. McAleenan, the acting secretary of homeland security, met over dinner with Mexico’s foreign minister. One senior government official, who was not authorized to speak publicly about the closed-door negotiations that took place over several days, insisted that the Mexicans agreed to move faster and more aggressively to deter migrants than they ever have before.

Their promise to deploy up to 6,000 national guard troops was larger than their previous pledge. And the Mexican agreement to accelerate the Migrant Protection Protocols could help reduce what Mr. Trump calls “catch and release” of migrants in the United States by giving the country a greater ability to make asylum-seekers wait in Mexico.

But there remains deep skepticism among some American officials — and even Mr. Trump himself — about whether the Mexicans have agreed to do enough, whether they will follow through on their promises, and whether, even if they do, that will reduce the flow of migrants at the southwestern border.

In addition, the Migrant Protection Protocols already face legal challenges by immigrant rights groups who say they violate the migrants’ right to lawyers. A federal judge blocked the Trump administration from implementing the plan, but an appeals court later said it could move forward while the legal challenge proceeds.

During a phone call Friday evening when he was briefed on the agreement, Mr. Trump quizzed his lawyers, diplomats and immigration officials about whether they thought the deal would work. His aides said yes, but admitted that they were also realistic that the surge of immigration might continue.

“We’ll see if it works,” the president told them, approving the deal before sending out his tweet announcing it.

On Saturday, Mike Pompeo, the secretary of state, said the government looked forward to reducing illegal immigration and making the border “strong and secure” by working with Mexico to fulfill the agreement.

Mr. Trump’s decision to use trade as a bludgeon against Mexico was driven in part by his obsession with stopping what he falsely calls an invasion of the country and in part by a desire to satisfy his core supporters, many of who have grown angry at his inability to build his promised border wall.

Many of his top advisers, including those who oversee his political and economic agendas, were opposed to the tariff threat. But the president’s ire is regularly stoked by the daily reports he receives on how many migrants have crossed the border in the previous 24 hours.

Mr. Trump’s top immigration officials had repeatedly warned the president that results from their work to curb the flow of migrants might not be evident until July, and urged patience.

But that effort became more difficult in May, when the numbers spiked to the highest levels of his presidency. During the week of May 24, 5,800 migrants — the highest ever for one day — crossed on a single day. That was quickly followed by a group of 1,036 migrants who were caught on surveillance cameras crossing the border en masse.

Mr. Trump later tweeted out the video, and the tariff threat soon followed.

Throughout the week’s negotiations, officials on both sides worried about what Mr. Trump would be willing to accept in exchange for pulling back on his tariff threat. That question hung over the talks, which were led one day by Vice President Mike Pence and included Mr. Pompeo and Mr. McAleenan.

Mexican officials opened the negotiations with the offer to deploy their new national guard troops against migrants, using a PowerPoint presentation to show their American counterparts that doing so would be a breakthrough in their ability to stop migrants from flowing north through Mexico, often in buses.

In fact, Mexican officials had already made the same promise months earlier when Ms Nielsen met in Miami with Ms. Sanchez and aides to Marcelo Ebrard, the Mexican foreign minister. The purpose of the meeting, according to people familiar with it, was to press the Mexicans to act faster.

Ms. Sanchez also told Ms. Nielsen that the Mexican government’s new national guard, which had been created just a month earlier to combat drugs and crime, would be redirected to the border with Guatemala, the entry point for most of the Central American migrants.

At the time, Ms. Nielsen and the other American negotiators referred to the Mexican promise as the “third border” plan because the Mexicans proposed creating a line of troops around the southern part of their country to keep migrants from moving north.

Mexicans had begun to follow the plan, but not quickly enough for the Trump administration, which said that only about 1,000 Mexican national guard troops were in place by May.

Friday’s agreement with Mexico states that the two countries “will immediately expand” the Migrant Protection Protocols across the entire southern border. To date, migrants have been returned at only three of the busiest ports of entry.

But officials familiar with the program said Saturday that the arrangement struck by the two countries last December always envisioned that it would expand along the entire border. What kept that from happening, they said, was the commitment of resources by both countries.

In the United States, migrants must see immigration judges before they can be sent to wait in Mexico, and a shortage of judges slowed the process. The Mexican government also dragged its feet on providing the shelter, health care, job benefits and basic care that would allow the United States to send the migrants over.

The new deal reiterates that Mexico will provide the “jobs, health care and education” needed to allow the program to expand. But the speed with which the United States can send more migrants to wait in Mexico will still depend on how quickly the government follows through on that promise.

Perhaps the clearest indication that both sides recognize that the deal might prove insufficient is contained in a section of Friday’s agreement titled “Further Action.”

One official familiar with the negotiations said the section was intended to be a serious warning to the Mexican government that Mr. Trump would be paying close attention to the daily reports he received about the number of migrants crossing the border. The official said that if the numbers failed to change — quickly — the president’s anger would bring the parties back to the negotiating table.

“The tariff threat is not gone,” the official said. “It’s suspended.”

[The New York Times]

Trump Takes Credit for Obama’s Gains for Vets

Boastful on the occasion of Memorial Day, President Donald Trump and his Veterans Affairs secretary are claiming full credit for health care improvements that were underway before they took office.

Trump said he passed a private-sector health care program, Veterans Choice, after failed attempts by past presidents for the last “45 years.” That’s not true. The Choice program, which allows veterans to see doctors outside the government-run VA system at taxpayer expense, was first passed in 2014 under President Barack Obama.

Trump’s VA secretary, Robert Wilkie, also is distorting the facts. Faulting previous “bad leadership” at VA, Wilkie suggested it was his own efforts that improved waiting times at VA medical centers and brought new offerings of same-day mental health service. The problem: The study cited by Wilkie on wait times covers the period from 2014 to 2017, before Wilkie took the helm as VA secretary. Same-day mental health services at VA were started during the Obama administration under Wilkie’s predecessor, David Shulkin.

The half-truths and exaggerations came in a week when selective accounting was a norm in Trump’s rhetoric, extending into his trip to Japan , where he inflated the drop in the U.S. unemployment rate for women.

A look at the claims, about the Russia investigation, the border, drug prices and more:

VETERANS

TRUMP: “We passed VA Choice and VA Accountability to give our veterans the care that they deserve and they have been trying to pass these things for 45 years.” — Montoursville, Pennsylvania, rally on May 20.

THE FACTS: Wrong. Trump is not the first president in 45 years to get Congress to pass Veterans Choice; Obama did it in the wake of a scandal at VA’s medical center in Phoenix, where some veterans died while waiting months for appointments. The program currently allows veterans to see doctors outside the VA system if they must wait more than 30 days for an appointment or drive more than 40 miles (65 kilometers) to a VA facility.

Trump did expand eligibility for the program. Now, starting June 6, veterans are to have that option for a private doctor if their VA wait is only 20 days (28 for specialty care) or their drive is only 30 minutes.

Still, VA’s top health official, Dr. Richard Stone, described the new program’s start to “almost be a non-event” in testimony to Congress. That’s in part because wait times in the private sector are typically longer than at VA. In 2018, 34 percent of all VA appointments were with outside physicians, down from 36 percent in 2017.

Also key to the Choice program’s success is an overhaul of VA’s electronic medical records to allow seamless sharing of them with private physicians, a process expected to take up to 10 years. Wilkie has said full implementation of the expanded Choice program is “years” away.

[Associated Press]

Trump trashes Tillerson for saying Putin outfoxed him

President Donald Trump on Thursday bashed former Secretary of State Rex Tillerson as “dumb as a rock,” saying he was “totally ill prepared and ill equipped” to be America’s top diplomat, after Tillerson shared unflattering information about Trump with top House members.

The president’s outburst on social media comes after Tillerson met with the top Democrat and Republican on the House Foreign Affairs Committee and some of their staffers on Tuesday. He said during the meeting that Russian leader Vladimir Putin had out-prepared the U.S. president when the pair met for the first time in July 2017 in Hamburg, Germany.

Tillerson, whom Trump fired in March 2018, left the impression that the Russians had outmaneuvered the Republican president on at least two occasions, three people familiar with Tillerson’s meeting with the lawmakers told POLITICO.

Trump denied he was under-prepared for the meeting with Putin, who he has long sought to charm.

“Rex Tillerson, a man who is ‘dumb as a rock’ and totally ill prepared and ill equipped to be Secretary of State, made up a story (he got fired) that I was out-prepared by Vladimir Putin at a meeting in Hamburg, Germany,” the president tweeted. “I don’t think Putin would agree. Look how the U.S. is doing!”

It was not the first time the president has lashed out at his former secretary of state, who was ousted last year after frequently being at odds with Trump on policy issues. Trump also called Tillerson “dumb as a rock” in December.

According to the people familiar with Tillerson’s Tuesday session, which lasted roughly seven hours, he said that while in Germany, the Russians indicated to U.S. officials that the meeting between Trump and Putin would be quick, essentially a meet-and-greet.

The Russians also proposed not having anyone present to take notes, according to Tillerson’s statements, and Tillerson and others agreed to that condition, the people said. “Tillerson said, ‘It’s the way the Russians preferred it,’” one of the people told POLITICO.

But instead of lasting just a few minutes, the session turned into a wide-ranging meeting that stretched more than two hours.

It is still not clear what the two leaders discussed; Tillerson has said cyber issues and allegations of Russian interference in the 2016 election came up. He indicated Tuesday that there were other topics discussed, though he declined to go into specifics, the people familiar with the meeting said.

Tillerson told those attending Tuesday’s session that he does not recall crafting a written record of the meeting after it ended and that he doesn’t know if anyone did.

The Washington Post, which first revealed some details of Tillerson’s talks with lawmakers this week, has in the past reported that Trump took away the notes of his interpreter in that meeting. Tillerson, who could not be reached for comment for this story, told lawmakers that he did not witness the interpreter’s notes being taken away.

The Hamburg meeting may not have been the first time the Russians out-played the Trump administration, the people familiar with Tillerson’s remarks told POLITICO.

In May 2017, Trump met in the Oval Office with two top Russian officials, foreign minister Sergey Lavrov and Russian Ambassador Sergey Kislyak.

The people familiar with the Tillerson meeting Tuesday said he indicated that the U.S. side understood the session to be a mere courtesy call with no real agenda. Tillerson also said he did not recall a designated note-taker being in the room.

“The president twice went into a meeting with sophisticated diplomatic players from an adversary with no agenda and presumably no designated note-taker. That’s concerning, because it leaves the U.S. side open to being out-maneuvered,” one of the people familiar with Tuesday’s session said.

It was later reported that Trump divulged classified information to his Russian guests. Tillerson did not address those reports, however.

Tillerson was careful not to disparage Trump during his discussions Tuesday, the people familiar with the meeting said.

[Politico]

Trump Decries Dem ‘Fishing Expedition’ in House: ‘They Want a DO OVER’

President Donald Trump went on another Twitter tear tonight over the White House showdown with the Democratic-controlled House for witnesses and documents.

The White House has already rejected several requests from multiple committees, and Trump today said multiple times that he considers a lot of this an attempt at a Democratic “do-over” of the Mueller report:

Trump went on to quote former CIA Director John Brennan‘s walk-back of some of his previous Russia speculation:

That walk-back from Brennan was from March 25th. It’s unclear why the president shared it today, though it’s worth noting the clip was played on Fox News earlier tonight (in the context of Brennan’s appearance on Capitol Hill today):

[Mediaite]

Trump brags about his China trade war ‘success’ as stock ticker shows market tanking

President Donald Trump on Monday boasted about how successful his trade war with China has been — even though stock markets took an absolute beating on the news that China was about to slap tariffs on $60 billion of American goods.

While giving remarks to White House reporters on Monday, Trump bragged that his tariffs were making the United States richer, while a stock-market ticker showed that the Dow Jones Industrial Average was falling by more than 600 points.

“We’re taking in right now hundreds of billions of dollars,” Trump said of his tariffs on Chinese goods. “We’re taking in billions of dollars of tariffs, and those tariffs are going to be tremendously, if you look at what we’ve done thus far with China, we’ve never taken in ten cents until I got elected, now we’re taking in billions of billions.”

Trump also falsely credited the tariffs for economic growth in the first quarter of 2019, even though the majority of economists say the tariffs had nothing to do with strong GDP growth.

“This is a very positive step,” Trump said as the stock ticker continued showing a bloodbath in the markets. “I love the position we’re in.”

[Raw Story]

Trump ignores black #1 NFL pick to congratulate white player with history of racist tweets

In his first tweet on Saturday morning, President Donald Trump ignored the first player picked in the NFL draft, Oklahoma quarterback Kyler Murray, who is black, to praise the number two pick — a white player with a history of racist tweets.

In his tweet, Trump skipped over the Heisman Trophy winner to celebrate Ohio State’s Nick Bosa — who missed most of the 2018 season — for being picked second.

“Congratulations to Nick Bosa on being picked number two in the NFL Draft. You will be a great player for years to come, maybe one of the best. Big Talent! San Francisco will embrace you but most importantly, always stay true to yourself. MAKE AMERICA GREAT AGAIN!” he tweeted.

According to to the San Franciso Chronicle,”Bosa recently deleted tweets in which he called Colin Kaepernick a ‘clown,’ referred to Beyonce’s music as ‘complete trash’ and called ‘Black Panther’ the worst Marvel movie. On Thursday, the website Blacksportsonline posted threads showing Bosa following and liking accounts that feature white nationalist posts. The twitter feed @rzstprogramming showed Bosa retweeted a tweet referring to ‘crappernick.’”

[Raw Story]

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