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The Wall Street Journal’s Ruth Simon writes that the trade war

13 de setembro

Ohio results should scare Republicans campaigning on the economy

canada goose Republicans’ nail biter edge in Ohio’s special election is cold comfort to a party hoping a strong economy will restrain a Democratic wave this November. canada goose

uk canada goose outlet Troy Balderson claimed victory in Ohio’s 12th Congressional District a race that is still too close to call after abandoning the Republican tax cuts that were supposed to buoy the party across the map. The GOP candidate also failed to bring out the vote in the rural areas that are traditional Trump strongholds in a district the president carried by 11 points in 2016. uk canada goose outlet

canada goose clearance Here’s the crux of the problem for Republicans counting on the economy President Trump now owns to keep them in the majority in November: statistics show the economy is churning along merrily in urban and suburban areas where Democrats have done and hope to do well in November, while it is lagging in rural parts of the country on which Republicans are relying. canada goose clearance

The 12th district results appear to reflect this economic divide.

buy canada goose jacket Danny O’Connor, the Democratic candidate on Ohio 12, piled up votes in the prosperous suburbs of Columbus, an engine of the state’s revival. buy canada goose jacket

canada goose uk outlet Moody’s Analytics recently described the https://www.getcanadagooseoutlet.com capital city as a “white collar haven,” pointing to Canada Goose sale a $200 million expansion by JPMorgan and continued hiring by the locally based Nationwide Insurance. In the city, Moody’s wrote earlier this summer, “employers are raising wages to attract talent; average hourly earnings are Canada Goose Outlet up 16% since the start of 2015, compared with 11% in Ohio and 9% nationwide Columbus will add the most net new jobs of any Ohio metro area this year and in 2019, underpinned by robust gains in professional, financial and health services.” canada goose uk outlet

By contrast, average wages in Morrow County a rural, deep red zone where Balderson picked up 70 percent of the canada goose black friday sale vote but saw weak turnout actually dropped last year, according to Bureau of Labor Statistics data. They barely edged up in Delaware and Licking counties, which include a mix of exurban and rural areas.

canada goose factory sale Republicans are likely to find themselves on the defensive across the map in canada goose store areas with a similarly lackluster economic performance. Democrats must pick up 23 House seats to recapture the majority, many of them in suburban areas. canada goose factory sale

Canada Goose Outlet “There was zero or negative job growth between when Trump took office in January 2017 and June in metropolitan statistical areas associated with 14 House districts where the nonpartisan Cook Political Report says Democrats have a chance to flip a seat from Republican control,” Bloomberg’s Arit John, Erik Wasson, and Alexandre Tanzi write. Canada Goose Outlet

Indeed, job growth during Trump’s presidency has concentrated canada goose clearance sale in Democratic leaning areas, with 58.5 percent of new jobs this year come from counties that backed Hillary Clinton in 2016, this week.

Canada Goose sale That merely continues a trend from the end of Barack Obama’s presidency. But it has also left Trump country on the losing end of a patchy recovery: “Despite an otherwise robust national economy, the analysis shows that a striking number of Trump counties are losing jobs. The AP found that 35.4 percent of Trump counties have shed jobs in the past year, compared with just 19.2 percent of Clinton counties,” Boak canada goose coats on sale wrote. Canada Goose sale

cheap Canada Goose Republicans had aimed to build a midterm pitch on their tax cut package, which they touted as a boon to average households. But it’s so far failed to deliver a meaningful boost in wages. cheap Canada Goose

Canada Goose online In their Ohio race, Balderson dropped the tax overhaul as an issue while O’Connor turned it into an attack line. (In one ad, the Democrat the package a “”a corporate tax giveaway that adds $2 trillion in debt,” and said Balderson would limit Social Security and Medicare benefits to pay for it.) Canada Goose online

cheap canada goose uk A similar story has played out in other races: “Early hopes of riding last year’s GOP tax cuts to victory have largely faded along with the tax bill’s popularity; more recently, Republicans have seized on calls by some liberal Democrats to abolish the Immigration and Customs Enforcement agency as fodder for attacks,” The Washington Post’s Mike DeBonis writes. cheap canada goose uk

canada goose uk black friday The results suggest Republicans will struggle to make the most of an economic case that should have been their leading argument. And control of Congress is at stake because of it. canada goose uk black friday

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canada goose coats on sale President Trump at a rally in Lewis Center, Ohio, on Aug. 4. readies tariffs on $16 billion of Chinese goods. said it will begin imposing 25 percent duties on an additional $16 billion in Chinese imports in two weeks, escalating a trade war between cheap Canada Goose the world’s two biggest economies. Customs will begin collecting the duties on 279 product lines, down from 284 items on the initial list, as of Aug. Trade buy canada goose jacket cheap Representative’s Office said in an emailed Canada Goose Jackets statement on Tuesday. The new list covers products ranging from motorcycles to steam turbines and railway cars. slaps duties on Chinese goods in about the past month. levied 25 percent duties on $34 billion in Chinese goods on July 6, prompting swift in kind retaliation from Canada Goose Parka Beijing. in Beijing on the timing of its move.” canada goose coats on sale

buy canada goose jacket cheap The endgame. The New York Times’s Keith Bradsher lays out two likely paths: “Both would deliver trade wins for President Trump and his more moderate advisers, while also letting President Xi Jinping of canada goose coats China push ahead with his ambitious industrial plan to build national champions in cutting edge technologies. A stalemate appears the most likely endgame, with new American and Chinese tariffs staying in place for months or even years. A negotiated truce is also possible. Although the two sides remain far apart, Beijing has made subtle shifts to a more conciliatory position. China now appears willing to discuss changes to its strategic plan, Made in China 2025, which the Trump administration has identified as a long term threat to big American industries like aircraft manufacturing, semiconductors and pharmaceuticals. buy canada goose jacket cheap

Canada Goose Parka The fallout, continued: A South Carolina plant closes. The Hill’s Aris Folley: “Element Electronics, a consumer electronics company in South Carolina, says it will canada goose outlet be closing its plant in Winnsboro due to tariffs imposed by [Trump.] The canada goose clearance State reported Tuesday that the company was one of the largest remaining employers in Fairfield County after the local Walmart, which used to be the largest grocery store in the county, closed its doors two years ago. Element said “the layoff and closure is a result of the new tariffs that were recently and unexpectedly imposed on many goods imported from China, including the key television components used in our assembly operations in Winnsboro,” in a letter to the state’s Department of Employment and Workforce obtained by the local paper. Canada Goose Parka

Canada Goose Coats On Sale Small businesses are hurting. The Wall Street Journal’s Ruth Simon writes that the trade war with China “is being felt particularly acutely by small businesses and startups. Compared with larger companies, they have less ability to deflect higher materials prices or pass along new costs to customers. Tariffs throw a wrench into pricing calculations and eat into profit margins. Smaller firms also are less able to shift production to other locations and have smaller reserves to draw on when times get tough. As a result, small firms canadian goose jacket selling all manner of goods, including high tech light switches and the coated paper used to handle deli meats, are rethinking their strategies, suppliers, manufacturing locations and pricing. Among smaller firms, optimism for growth fell in July to its lowest level since the 2016 presidential election, according to a monthly survey of more than 750 small firms for The Wall Street Journal by Vistage Worldwide Inc.” Canada Goose Coats On Sale

Canada Goose Online Businesses review spending plans. businesses including about 30 percent of manufacturers to review their capital spending plans, according to a study by the Federal Reserve Bank of Canada Goose online Atlanta. The Survey of Business Uncertainty, conducted with economists Nick Bloom of Stanford University and Steven Davis of the University of Chicago Booth School of Business, found that businesses were primarily putting their spending plans under review, with relatively few making firm decisions to cancel or postpone investments.” Canada Goose Online

canada goose uk shop Tech prices could rise. trade war with China continues. The Trump administration’s hit list of Chinese products facing import canada goose deals taxes includes key components used in gadgets that can be wirelessly operated through a smartphone or another device. The tariffs also will nail networking equipment that makes the internet work. It remains unclear how much prices might rise, partly because the next round of tariffs won’t be imposed until the fall. The technology industry’s broad reach and financial heft also complicates the calculation. Apple, Google, Microsoft and other major technology companies have such diversified product lines and deep pockets that they simply could absorb the additional costs triggered by the tariffs rather than pass them along to consumers.””Rick Gates forced to admit extramarital affair as Manafort’s defense team attacks his credibility.” The Post’s Rachel Weiner, Matt Zapotosky, Rosalind S. Helderman and Devlin Barrett. “Former Trump lawyer Michael Cohen under investigation for tax fraud.” WSJ’s Rebecca Davis O’Brien and Nicole Hong. “What we know about the Trump Tower meeting.” The Post’s Philip Bump. Commerce Secretary Wilbur Ross at the White House in Washington on July 18. (Leah Millis/Reuters) canada goose uk shop

canada goose clearance sale Allegations of grift against Ross. Forbes’s Dan Alexander: “A multimillion dollar lawsuit has been quietly making its way through the New York State court system over the last three years, pitting a private equity manager named David Storper against his former boss: Secretary of Commerce Wilbur Ross. The pair worked side by side for more than a decade, eventually at the firm, WL Ross Co. where, Storper later alleged, Ross stole his interests in a private equity fund, transferred them to himself, then tried to cover it up with bogus paperwork. Two weeks ago, just before the start of a trial with $4 million on the line, Ross and Storper agreed to a confidential settlement, whose existence has never been reported and whose terms remain secret.. Over several months, in speaking with 21 people who know Ross, Forbes uncovered a pattern: Many of those who worked directly with him claim that Ross wrongly siphoned or canada goose outright stole a few million here and a few million there, huge amounts for most but not necessarily for the commerce secretary. At least if you consider them individually. But all told, these allegations which sparked lawsuits, reimbursements and an SEC fine come to more than $120 million.” canada goose clearance sale.