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Politics : Formerly About Advanced Micro Devices

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To: RetiredNow who wrote (1058382)3/3/2018 10:37:58 AM
From: koan  Read Replies (4) of 1571843
 
Dangerous for a man with his hand on the nuclear button!

Trump was angry and ‘unglued’ when he started a trade war, officials say
by Stephanie Ruhle and Peter Alexander
Mar 2 2018, 8:08 pm ET

WASHINGTON — With global markets shaken by President Donald Trump's surprise decision to impose strict tariffs on steel and aluminum imports, the president went into battle mode on Friday: "Trade wars are good, and easy to win," he wrote on Twitter.

But the public show of confidence belies the fact that Trump's policy maneuver, which may ultimately harm U.S. companies and American consumers, was announced without any internal review by government lawyers or his own staff, according to a review of an internal White House document.

According to two officials, Trump's decision to launch a potential trade war was born out of anger at other simmering issues and the result of a broken internal process that has failed to deliver him consensus views that represent the best advice of his team.

On Wednesday evening, the president became "unglued," in the words of one official familiar with the president's state of mind.

A trifecta of events had set him off in a way that two officials said they had not seen before: Hope Hicks' testimony to lawmakers investigating Russia's interference in the 2016 election, conduct by his embattled attorney general and the treatment of his son-in-law by his chief of staff.

Trump, the two officials said, was angry and gunning for a fight, and he chose a trade war, spurred on by Commerce Secretary Wilbur Ross and Peter Navarro, the White House director for trade — and against longstanding advice from his economic chair Gary Cohn and Treasury Secretary Steve Mnuchin.

continues at nbcnews.com

[He is worse than an undergraduate trying to put together a paper the night before it is due! What a swell way to make public policy that will affect hundreds of billions of dollars of goods.... What a great businessman Mr. Trump is.]
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