US President Donald Trump has misquoted poll figures while boasting about his approval ratings. The President tweeted about his supposed "90% approval rating for your all time favourite (I hope) president within the Republican Party and 52% overall". In a recent NBC/WSJ poll, taken from August 22-25, Mr Trump's approval rating among Republicans is 90 percent, as the President indicated in his tweet. This is coupled with a 10 percent approval rating among Democrats. But Mr Trump's overall approval rating in the poll was just 44 percent. It appears he was referring in his tweet to his disapproval rate which is 52 percent in that particular poll. Donald Trump photographed colouring US flag wrong Donald Trump gives himself an A+ for time in White House 'Compassionate' Trump a victim of smear campaign - advisor Steven Rogers The President could have been referring to a different Rasmussen poll for that same August period, but again the results don't match up to … [Read more...] about Donald Trump misquotes figures boasting about poll ratings
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Some headlines on the US economy from the past few days: Retail and Factories Drive Growth, Consumer Spending Lifts Retailers, Cost of Imports Eased by Strong Dollar, Confidence is High, Stocks Rebound as Fears Recede, Profits soar as Economy Advances. Those are all from the Wall Street Journal, which might be accused of focusing only on the positive side of the US economy, but the paper is hardly inventing the numbers behind the stories. The figures are so relentlessly upbeat they make it hard for those who hate Donald Trump and all he stands for to make a case that he’s failing, at least on what matters most electorally — money. The WSJ noted on its editorial page “a severe nationwide shortage of truck drivers” which will presumably lead to rising wages for a core Trump constituency. Other news sees US family-run farms finally winning against giant agribusinesses that for so long have dominated. Small farmers have complained for decades that the … [Read more...] about Donald Trump plan’s looking good, but is he heading for a cliff?
By Nick Timiraos Nick Timiraos The Wall Street Journal BiographyNick Timiraos @NickTimiraos Google+ [email protected] Updated July 19, 2018 5:08 p.m. ET 848 COMMENTS President Donald Trump said he hoped the Federal Reserve would stop raising interest rates, an unusual White House censure of the central bank that departed from a convention in which presidents have refrained from speaking specifically on monetary policy. “I am not happy about it,” Mr. Trump said about interest-rate increases, in an interview Thursday with CNBC. The Fed raised its benchmark rate twice this year, in March and in June, to a range between 1.75% and 2%. Central bank officials have penciled in two more rate increases this year. Fed Chairman Jerome Powell was tapped by Mr. Trump last November to succeed Janet Yellen, and he took his post in February. Mr. Trump said he was “not thrilled” because every time the economy strengthens “they want to raise rates … [Read more...] about Donald Trump Says He’s ‘Not Happy’ About Federal Reserve Interest-Rate Increases
By William Mauldin William Mauldin The Wall Street Journal BiographyWilliam Mauldin @willmauldin William Mauldin Google+ June 19, 2018 696 COMMENTS WASHINGTON—President Donald Trump escalated a trade conflict with China Monday, asking his administration to identify a new list of $200 billion in Chinese goods that would be penalized with tariffs. The move followed tariffs applied last week on $50 billion in Chinese imports to the U.S., designed to punish China for unfair trade practices. Beijing immediately threatened to retaliate with its own equivalent tariffs on U.S. goods. In a statement late Monday, Mr. Trump said that he now wants U.S. Trade Representative Robert Lighthizer to identify a second tranche of goods imported from China for tariffs of 10%. Should China retaliate to those additional tariffs, Mr. Trump promised to escalate even further by placing tariffs on another $200 billion in Chinese goods. The announcement came hours after the Senate … [Read more...] about Donald Trump Threatens New Tariffs on $200 Billion in China Imports
By Kim Mackrael and Kim Mackrael The Wall Street Journal BiographyKim Mackrael @kimmackrael [email protected] Paul Vieira in Quebec City and Paul Vieira The Wall Street Journal BiographyPaul Vieira @PaulVieira [email protected] Rebecca Ballhaus in Washington Rebecca Ballhaus The Wall Street Journal BiographyRebecca Ballhaus @rebeccaballhaus [email protected] Updated June 8, 2018 6:21 p.m. ET 1507 COMMENTS President Donald Trump’s call to have Russia rejoin the Group of Seven industrialized nations and his recent imposition of metals tariffs on U.S. allies roiled the start of the G-7 summit, exposing fissures among the group’s members. The summit is emerging as a test of whether the exclusive group of major industrialized economies can overcome growing tensions to focus on more common-ground issues such as bringing stability to the Korean Peninsula and the Middle East—including the complex question of the … [Read more...] about Donald Trump’s Call for Russia to Rejoin G-7 Rattles Start of Summit