In an about-face, the President today is delaying some of the tariffs that are supposed to go into effect on 1 September. Recall, an additional $300 billion worth of Chinese goods were to be subject to a 10% tariff. Now, it appears that half of this total will go into effect next month, while the remainder will be postponed until 15 December. Why? Especially if tariffs are so good for the US? Well, according to the President, he’s concerned with the upcoming holiday shopping season and doesn’t want to expose US consumers to higher costs. Wait a minute! Stop the presses! Haven’t we been told for months now that China is paying all of the tariffs and that US companies and consumers alike are shielded from higher costs and prices? Of course this argument is baseless and is simply not true. This then leads us to a couple logical outcomes – either the President and his Administration have been lying to the American people, or they’re incompetent regarding the machinations of tariffs. Neither is acceptable. This throws the credibility of the President and the Office of the Presidency right out the window. It also sends a message to China that President Trump was bluffing with these tariffs and he’s more concerned with the level of the stock market as opposed to truly “winning” a trade war. The Kapital News sent a letter to the President a few months ago raising concerns on this very issue of the trade war and the credibility of the President himself and the Office he holds. It’s one thing for Donald Trump, citizen and CEO of the Trump Organization to throw his credibility to the wind. It’s a completely different story when he’s the President of the United States – because the Office he holds, is the Office of the American people. This trade war needs to end and with it the talking out of both sides of the President’s mouth – the lies, the exaggerations, and the misleading statements are all a disservice to the American people and we deserve better. Stay diversified, stay vigilant, and stay with The Kapital News. #WakeUpAmerica #FireNavarro #Economy #EndTheFed #Politics #Trade #USA #China