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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: sense who wrote (174085)7/1/2021 5:15:59 PM
From: TobagoJack  Read Replies (1) | Respond to of 218682
 
Likely true that the banks would make another bundle should the infrastructure rollout get rolling, irrespective of whether the money is put to good use or wasted, but am dubious that all infrastructure efforts are national socialist in nature or would veer that way. Believe it depends on whether genetically the society is war like or not.

in the meantime, what is going on here below?

Sounds like a call for withdraw from Afghanistan. But if so, might be bullish, and if not, would be bullish also, just for different bulls.

bloomberg.com

Republican Senators Urge Biden to End Trump-Initiated Trade War
Laura Davison
2 July 2021, 03:26 GMT+8
Supply Lines is a daily newsletter that tracks trade and supply chains disrupted by the pandemic. Sign up here.

A group of Republican lawmakers asked President Joe Biden to end the “self-inflicted harm” his GOP predecessor, Donald Trump, caused in starting a multi-front trade war with China and European allies.

Seven Republican senators sent a letter to the White House asking Biden to repeal tariffs and other trade barriers that Trump implemented during his time in office affecting a wide range of industries, including agriculture, carmakers and manufacturers.

“An important first step would be to reduce barriers to trade with our allies,” the letter said. “By doing so, we can stop damaging actions and retaliation and mend relationships while listening to businesses across the country that have suffered from the negative economic consequences.”

The letter, dated Wednesday, was signed by Joni Ernst and Chuck Grassley of Iowa, Ron Johnson of Wisconsin, Pat Toomey of Pennsylvania, Thom Tillis of North Carolina, Mike Lee of Utah and Deb Fischer of Nebraska.

Biden campaigned on ending Trump’s trade policies and returning to multi-lateral negotiations with trading partners. In practice, Biden has been slow to remove all of the tariffs with the new administration still evaluating the next generation of policies, in particular toward China.

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