MeidasTouch host Ben Meiselas reports on Donald Trump’s disastrous Saturday morning at his golf course, where he once again caved on tariffs—as the economy continues to crash under his watch. For more MeidasTouch, visit MeidasPlus.com Learn more about your ad choices. Visit megaphone.fm/adchoices
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Another weekend where Donald Trump is yet again golfing and vacationing in Florida on the taxpayer dime after once again imploding the economy, causing extreme volatility, crashing the bond markets, crashing the dollar, bringing mortgage rates above 7%. And moving the Treasury yields for the 10- and 30-year yields to significantly high and alarmingly high levels.
But Donald Trump is waking up to headlines like this from the usually reliable Wall Street Journal. Trump wants to be impeached again. It's already in the cards, thanks to his ill-founded trade war, no matter how that war plays out.
What this article says is that Donald Trump is using powers that he doesn't have because the power to tariff is actually the power of Congress and that Trump is unlawfully using emergency war powers, in essence, to declare this trade war.
that is crashing the united states economy and sending the united states into a recession so what's donald trump doing today though while he's golfing what kind of important messages is he posting to try to address what he's doing Well, he's posting photos and videos like this of Hillary Clinton from the golf course, also from his social media app.
You get ads like this as you click through his post. Trump's $150 trillion gift to America. And it has a photo of Trump next to Bitcoin. Notably, in the past year, Bitcoin is down close to 10%. What we just learned this morning as well is that the United States published tariff exclusions for specified products that are subject to these exclusions.
Notably, and this includes China as well, apparently the U.S. is now excluding computers and and smartphones and other electronics from the tariffs, despite Trump and all of his state regime media saying the iPhones and the electronics and the laptops and all of those products would clearly be subject to the tariffs. I mean, you remember Jesse Waters from state regime media known as Fox News.
Howard Lutnick, Donald Trump's commerce secretary, that Jennings guy on CNN. They're like Americans don't care about more expensive goods. Americans don't care about more expensive iPhones. This is a trade war. This is what we need to do for our national security.
Remember, Lutnick said millions and millions of human beings will be screwing those little screws in the iPhones made right here in America. I got receipts. I'll show you that in a minute. But just another part of the lies and chaos from the Trump regime. Here's the headline from the Washington Post from moments ago. Phones, other electronics exempt from new tariffs.
Trump administration says the announcement comes after Beijing and China responds to President Trump's escalating trade war with a 125% tariff on all U.S. goods early Friday. They also said in China they don't need to raise tariffs the tariff amount anymore because they've effectively shut the United States out of the Chinese market.
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