CHINA/TARIFFS/TRADE WAR/TRUMP AS PRESIDENT: “President Donald Trump on Friday [8-30-19] appeared to accuse companies of falsely claiming that they’ve been hurt by his escalating trade war with China, instead saying they’re mismanaging their businesses…Trump’s comments come just days before the U.S. is set to impose new tariffs on China in two rounds, with the first due to start on Sept. 1. The 10 percent tariff on approximately $112 billion of Chinese goods would likely raise prices for consumer items like electronics and shoes. In one example of corporate America complaining about Trump’s trade war, the Footwear Distributors and Retailers of America wrote a letter to the president this week stating that the planned tariffs would drive up costs for consumers.”
–Evan Semones, “Trump blames companies impacted by his trade war,” Politico, August 30, 2019 11:40 am