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Trump wins again and great news for America


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From NPR

Planned Parenthood says it will formally withdraw from the nation's family planning program for low-income people within days, unless a federal court intervenes.

In a letter to the U.S. Court of Appeals for the 9th Circuit, Planned Parenthood officials ask for a stay against new Trump administration rules that forbid organizations receiving Title X funds to provide or refer patients for abortion. If the court does not intervene, Planned Parenthood says it will be forced to pull out on Aug. 19 after decades with the program.

https://www.npr.org/2019/08/14/751062602/planned-parenthood-to-withdraw-from-title-x-unless-court-intervenes

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CNN article

Trumps fight with china will be well worth it

https://amp.cnn.com/cnn/2019/08/15/perspectives/trade-war-trump-triumph/index.html

A bad day or week is not an indication that Trump's policy is failing. Market volatility is neither a surprise nor a reason to head for the lifeboats. The markets are going to react and fluctuate as the United States and China go back and forth in trade negotiations.

Only by applying pressure will China be motivated to change its destructive trade habits. The United States will apply an additional tariff of 10% on approximately $300 billion of Chinese goods — some effective September 1 and some effective December 15. This puts the squeeze right where it needs to be — on China. The delay in tariffs on some Chinese goods from September to December, which the president announced Tuesday, is strategic and not a retreat on tariffs. It was done to avoid impacting the holiday season because tariffs will not apply to goods that have been ordered. Thus, American retailers and consumers will likely not get stuck with the extra cost for those goods tariffed in December.

The good news is that the USDA predicts a 10% increase in farm profit in 2019 to $69.4 billion after a 16% dip in 2018, according to the USDA Economic Research Service. Could explain why farmers still support trump. Perhaps this is one of the reasons why Trump's support among farmers remains strong, despite the trade war's impact on their bottom line. According to a recent survey by the Purdue Center for Commercial Agriculture, 78% of farmers said they believe the trade war will ultimately benefit US agriculture.

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