The US and China have agreed on a deal to help resolve the trade war raging between the world’s two largest economies, top Trump administration officials announced Sunday.
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Trump told reporters in the Oval Office on Monday afternoon that he wanted to delay the summit by a month as he grapples with the war in Iran. He had been scheduled to leave for Beijing in just over two weeks. “I’d love to but because of the war, I want to be here,” Trump said, adding the White House had requested Beijing “delay” the visit by “a month or so”. “It’s very simple. I have got a war going on,” he added. Trump’s push to delay the summit comes as the White House deals with the dramatic fallout from the ongoing conflict in the Gulf, including the closure of the Strait of Hormuz. The closure of the strait, through which 20 per cent of the world’s oil passes, has had a major impact on the price of crude, sending the cost of petrol soaring in the US just months before critical midterm elections. Source: FT
"He should be dropping interest rates IMMEDIATELY," Source: Bull Theory @BullTheoryio
“The Federal Government cannot continue to spend more money than it takes in.” – Jimmy Carter (1978) “For decades we have piled deficit upon deficit, mortgaging our future and our children's future.” – Ronald Reagan (1981) “We must bring the Federal budget deficit under control.” – George H.W. Bush (1989) “We must put our fiscal house in order.” – Bill Clinton (1993) “We can pay down a large portion of the national debt.” – George W. Bush (2001) “Families across the country are tightening their belts … the federal government should do the same.” – Barack Obama (2010) “We will start to balance our budget and pay down our debt.” – Donald Trump (2016) “My plan will reduce the deficit.” – Joe Biden (2022) “We will balance the federal budget.” – Donald Trump (2024) Charlie Bilello

