Sen. Chuck Grassley says Trump doesn’t actually believe in tariffs. 'I know he says that, but I don't believe he actually believes that. I don't see how he could believe it,” he said. More in Morning Money 👉
to Conrad Black, convicted on fraud and embezzlement charges in 2007, who also happens to be a former Trump business partner who wrote a hagiographic biography of the president.— Our Sabrina Rodriguez: “House Speaker Nancy Pelosi and Democratic leaders are increasingly optimistic they can get to a yes on the new North American trade pact after their latest sit-down with … Trump's trade chief.
“The second installment of trade aid is being modeled after the one last year. USDA pledged up to $12 billion in assistance for 2018 production, mostly in the form of direct payments to farmers stung by retaliatory duties, as well as commodity purchases.”— Again, we are borrowing money from the Chinese to send money to famers who can't sell into China because of our taxes on American companies and consumers. This is a thing that is actually happening.
“Beijing could take a death by regulation approach making it nearly impossible for American businesses to operate in one of the world’s valuable consumer markets. Actions include tighter customs procedures, new paperwork requirements and extra scrutiny on business licenses.”— Via our Playbook colleagues: “LARRY LINDSEY, President George W.
“Lindsey said he enlisted two psychiatrists to analyze the president from afar. China views … Trump as a ‘total narcissist’ – ‘a 10-out-of-10 narcissist,’ he said. Lindsey attributed this to the president's upbringing and said his mother didn't pay him adequate attention in childhood.”: “Speaker NANCY PELOSI and Senate Minority Leader CHUCK SCHUMER are tentatively going to the White House to meet with TRUMP on Wednesday at 11 a.m., per several Hill sources.
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