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Federal Reserve Chairman: Business concerns over trade tensions are rising

Federal Reserve Chairman Jay Powell said Thursday that the central bank is “hearing a rising level of concern” from U.S. businesses about the impact of President Trump’s tariffs.

Powell said in a radio interview with Marketplace that corporate leaders and analysts in contact with the Fed have become more alarmed about the potential harm Trump’s trade policy could do to the economy.

The chairman added that while the economy would benefit if Trump’s actions lead to lower tariffs and barriers for U.S. goods, a protracted trade war could create “very challenging” economic conditions.

 Do_I_Not_Like_That wrote:
Trump is on his way to Britain.

Nooooooooooooooo!

I suppose the USA was always going to pay us back sooner or later for burning down the White House

Edited for content.

I dunno, I hear Mexico is making theirs a public park.

Chairman Kim addresses Trump as “your excellency”, no wonder he’s on his good side.

 Ahtman wrote:

YeOldSaltPotato wrote:And NY isn't rude, we just don't have time for people meandering their way to the point. Get to the point, we act, we move on to the next thing, we have things to do. Work with some people down south, wish this was more wide spread in the US.

Been to NY a couple times and never really found it to be nearly as bad as people like to portray it. In fact most of the people I have met were nice. Of course it is always been New York City so I'm not sure about places like Albany or Rochester so maybe the people there are just terrible.

I've lived in upstate NY my whole life and there's very little difference between rural NY and rural Minnesota. New Yorkers are no more rude than any other place, there's just a lot more of us. But that wouldn't let him gak on those durn libruls, and defend Trump.

Xenomancers wrote:Not people in New York - basically the most rude people on earth. That is where Trump is from. Realistically - this is how every meeting in Trumps life has gone - he points at the people he thinks are gaking up and tells people exactly what he thinks. It's not personal to him - he just wants to make money or solve a problem quickly. Want to meet nice people in the US? Go to Texas or Georgia or something.

That's hilarious. He takes even the slightest bit of opposition personal (and whines about all kinds of ridiculous conspiracies) and is so thin-skinned that he can be provoked into doing and saying the most ridiculous things. That's not somebody who doesn't take things personally. If I had to guess then "taking things personally" is what he does best, all the time, and without thinking.

Mario wrote:

Xenomancers wrote:Not people in New York - basically the most rude people on earth. That is where Trump is from. Realistically - this is how every meeting in Trumps life has gone - he points at the people he thinks are gaking up and tells people exactly what he thinks. It's not personal to him - he just wants to make money or solve a problem quickly. Want to meet nice people in the US? Go to Texas or Georgia or something.

That's hilarious. He takes even the slightest bit of opposition personal (and whines about all kinds of ridiculous conspiracies) and is so thin-skinned that he can be provoked into doing and saying the most ridiculous things. That's not somebody who doesn't take things personally. If I had to guess then "taking things personally" is what he does best, all the time, and without thinking.

I 100 percent believe if a random citizen walked up to him and called him a dumb fat orangutan he would blow up on twitter

 d-usa wrote:
Chairman Kim addresses Trump as “your excellency”, no wonder he’s on his good side.

THat's actually the correct way to address a President. Much like 'Your Majesty' for a Monarch, 'your highness' for a prince, 'your Grace' for a Duke and so on.

It's rarely done, however, so, yeah, Kim's sucking up a bit.

 BaronIveagh wrote:

 d-usa wrote:
Chairman Kim addresses Trump as “your excellency”, no wonder he’s on his good side.

THat's actually the correct way to address a President. Much like 'Your Majesty' for a Monarch, 'your highness' for a prince, 'your Grace' for a Duke and so on.

It's rarely done, however, so, yeah, Kim's sucking up a bit.

Not for at least 100 years or more tbh

Mario wrote:

Xenomancers wrote:Not people in New York - basically the most rude people on earth. That is where Trump is from. Realistically - this is how every meeting in Trumps life has gone - he points at the people he thinks are gaking up and tells people exactly what he thinks. It's not personal to him - he just wants to make money or solve a problem quickly. Want to meet nice people in the US? Go to Texas or Georgia or something.

That's hilarious. He takes even the slightest bit of opposition personal (and whines about all kinds of ridiculous conspiracies) and is so thin-skinned that he can be provoked into doing and saying the most ridiculous things. That's not somebody who doesn't take things personally. If I had to guess then "taking things personally" is what he does best, all the time, and without thinking.

This isn't my thought, I saw it elsewhere on the internet, but perhaps the most damning thing about the Trump's compromised relationship with Russia is that Trump has no stupid insulting nickname for Putin.

 Ustrello wrote:

Not for at least 100 years or more tbh

No, it's used every time the President of the United States is announced into the presence of another world leader. Though again, that's usually confined to places with reigning monarchs, where 'announcing' is still a thing. Which does suggest that Comrade Kim thinks he's Emperor, not Chairman.

Well to be completely fair, the "pageantry" of things is a big part of places like North Korea. The ceremony and display of power and respectability is a big part of reinforcing and displaying the might of the regime.

The guy would probably call Trump all kinds of fancy things whether it was traditional or not.

http://www.formsofaddress.info/FOA_president_US.html




Automatically Appended Next Post:
https://www.txdirectory.com/files/ref/forms%20of%20address.pdf

Mario wrote:

Xenomancers wrote:Not people in New York - basically the most rude people on earth. That is where Trump is from. Realistically - this is how every meeting in Trumps life has gone - he points at the people he thinks are gaking up and tells people exactly what he thinks. It's not personal to him - he just wants to make money or solve a problem quickly. Want to meet nice people in the US? Go to Texas or Georgia or something.

That's hilarious. He takes even the slightest bit of opposition personal (and whines about all kinds of ridiculous conspiracies) and is so thin-skinned that he can be provoked into doing and saying the most ridiculous things. That's not somebody who doesn't take things personally. If I had to guess then "taking things personally" is what he does best, all the time, and without thinking.

That's because he is a stable genius.

 BaronIveagh wrote:

 d-usa wrote:
Chairman Kim addresses Trump as “your excellency”, no wonder he’s on his good side.

THat's actually the correct way to address a President. Much like 'Your Majesty' for a Monarch, 'your highness' for a prince, 'your Grace' for a Duke and so on.

It's rarely done, however, so, yeah, Kim's sucking up a bit.

It depends. Early on we settled on “Mr President”. I believe it was John Adams who was principally involved, though he wanted something more grandiose.

Excellency is a bit of an archaic form, but it’s within the parameters.

 d-usa wrote:
http://www.formsofaddress.info/FOA_president_US.html




Automatically Appended Next Post:
https://www.txdirectory.com/files/ref/forms%20of%20address.pdf

https://en.wikipedia.org/wiki/Excellency#United_States

UN Protocol calls him 'His Excellency' and it's used overseas, so Kim's not wrong. Just just kissing ass.


Automatically Appended Next Post:

 Grey Templar wrote:

It depends. Early on we settled on “Mr President”. I believe it was John Adams who was principally involved, though he wanted something more grandiose.

Excellency is a bit of an archaic form, but it’s within the parameters.

It was used with Lincoln and Teddy Roosevelt, so...

And I can remember Carter being Introduced as such, at a diplomatic function.

I want to thank the USA and Donald Trump. Why?

Well, the other day, our Prime Minister published her Brexit plans. I personally think they are horsegak.

Trump has now come out and said they are horsegak.

Boris Johnson, our former foreign secretary, called the plans horsegak, and resigned the other day.

Johnson and the Prime Minister utterly loathe each other. Johnson was only in her government because of politics.

Trump has said that Johnson would be a great Prime Minister. Johnson and his allies are thought to be plotting a leadership challenge against our Prime Minister

May has risked a lot of political goodwill courting Trump, and Trump threw her under a bus...

The man just blunders in and causes all sorts of fires...

May as the head of an allied government should have totally expected that to be honest. Trudeau, Merkel and Abe should have demonstrated that Trump loves throwing allies under the bus to look good at home. Only Macron has managed to avoid the wheels to some extent, but his time is going to likely come up.

 Disciple of Fate wrote:
May as the head of an allied government should have totally expected that to be honest. Trudeau, Merkel and Abe should have demonstrated that Trump loves throwing allies under the bus to look good at home. Only Macron has managed to avoid the wheels to some extent, but his time is going to likely come up.

Agreed. America forgets that as powerful as she is, she's going to need these allies again at some stage, even if it's only for votes at the UN.

Trump and America may find a giant middle finger pointing their way sometime in the future.

But I have to admit that giant Trump baby balloon in London is quite funny.

I suspect somebody on Dakka will probably start using it as an avatar picture.

 Do_I_Not_Like_That wrote:

 Disciple of Fate wrote:
May as the head of an allied government should have totally expected that to be honest. Trudeau, Merkel and Abe should have demonstrated that Trump loves throwing allies under the bus to look good at home. Only Macron has managed to avoid the wheels to some extent, but his time is going to likely come up.

Agreed. America forgets that as powerful as she is, she's going to need these allies again at some stage, even if it's only for votes at the UN.

Trump and America may find a giant middle finger pointing their way sometime in the future.

But I have to admit that giant Trump baby balloon in London is quite funny.

I suspect somebody on Dakka will probably start using it as an avatar picture.

I agree, but the allies of the US are mainly doing damage control, Trump won't last forever and the relationship is too valuable. But this presidency might boost them towards more independence which will result in the above mentioned middle finger for Trump 2.0

The relationship isn't dead yet, but the love might certainly be gone.

On a serious note, political commentators are alarmed at how Trump has shredded the diplomatic rulebook.

Trump has arrived in Britain like your drunk uncle at Christmas. Well, mine anyway.

He's tripped over and knocked down the tree. He's upset the kids by telling them that Santa doesn't exist.

He's made a pass at somebody else's wife, and he insists on telling rude jokes at the table when the turkey is being served...

It's Friday the 13th alright

The UK is the US best ally, a country that has fully committed to military operations with the US every time it was asked to in recent memory. British troops have died on your behalf.

The UK also meets it's NATO spending, and has backed US interests in Europe for decades.

And this is how Trump treats them. Again, contrast with how he treats NK or Russia, foreign powers that have taken hostile action against America.

Anyone supporting this has zero class, zero honour and is not worthy of respect in any way.

 Da Boss wrote:
The UK is the US best ally, a country that has fully committed to military operations with the US every time it was asked to in recent memory. British troops have died on your behalf.

I thought Canada was the US's favourite.

 Da Boss wrote:
The UK is the US best ally, a country that has fully committed to military operations with the US every time it was asked to in recent memory. British troops have died on your behalf.

The UK also meets it's NATO spending, and has backed US interests in Europe for decades.

And this is how Trump treats them. Again, contrast with how he treats NK or Russia, foreign powers that have taken hostile action against America.

Anyone supporting this has zero class, zero honour and is not worthy of respect in any way.

Well, President Trump is a pathetic ignorant moron (and will be remembered as such). Do you think facts in any way influence his thought processes?

Remember how he univited Philadelphia Eagles because "they disagree with the President", being completely oblivious to the fact that Philadelphia Eagles was one of the NFL teams that didn't kneel?

..

Steelmage99 wrote:

 Da Boss wrote:
The UK is the US best ally, a country that has fully committed to military operations with the US every time it was asked to in recent memory. British troops have died on your behalf.

The UK also meets it's NATO spending, and has backed US interests in Europe for decades.

And this is how Trump treats them. Again, contrast with how he treats NK or Russia, foreign powers that have taken hostile action against America.

Anyone supporting this has zero class, zero honour and is not worthy of respect in any way.

Well, President Trump is a pathetic ignorant moron (and will be remembered as such). Do you think facts in any way influence his thought processes?

Remember how he univited Philadelphia Eagles because "they disagree with the President", being completely oblivious to the fact that Philadelphia Eagles was one of the NFL teams that didn't kneel?

..

But staying in their locker room is totally the same thing as kneeling!

So, has anybody else read or seen some of the coverage on the Congressional hearing yesterday with Peter Strozk? Just the little bits I've read have me shaking my head in disbelief. They're supposed to be intelligent, professional adults.

 Tannhauser42 wrote:
So, has anybody else read or seen some of the coverage on the Congressional hearing yesterday with Peter Strozk? Just the little bits I've read have me shaking my head in disbelief. They're supposed to be intelligent, professional adults.

I did.

I expected Strozk to get raked over the coals and instead was treated to the Republicans (and a fair few Democrats) acting like morons. One of them even managed to get a pretty good jab in just to ruin it with some petty trite moments before. These guys need better staffers to test their comments against.

Honestly I was amazed. Strozk actually managed to walk out of that hearing as the only one without egg on his face imo which is just baffling, and threw some rather scathing comments back while he was at it. Turns out that being calm and mixing in a a very subtle amount of righteous indignation works great for letting everyone else look bad.

Maybe he actually is right, and that's what defended him successfully.

 Kilkrazy wrote:
Maybe he actually is right, and that's what defended him successfully.

Well it's stupid of the GOP to automatically assume personal opinions effect professional performance, and all of his texts are ambiguous enough. But it was pretty stupid of the guy to use his FBI phone to make those texts. Especially if he wants a clear line drawn between his personal thoughts and his professional duties then he should take the effort to keep his personal thoughts on his personal stuff. I don't think it's that big a sin in the grand scheme of things, but in fairness the GOP didn't load the ammunition on this one (they're just making a mockery of it).

 Kilkrazy wrote:
Maybe he actually is right, and that's what defended him successfully.

I would also argue that those who struck out on so many Benghazi hearings really have no business trying to attack someone else over the potential of personal bias affecting professional decisions.

 LordofHats wrote:

 Kilkrazy wrote:
Maybe he actually is right, and that's what defended him successfully.

Well it's stupid of the GOP to automatically assume personal opinions effect professional performance, and all of his texts are ambiguous enough. But it was pretty stupid of the guy to use his FBI phone to make those texts. Especially if he wants a clear line drawn between his personal thoughts and his professional duties then he should take the effort to keep his personal thoughts on his personal stuff. I don't think it's that big a sin in the grand scheme of things, but in fairness the GOP didn't load the ammunition on this one (they're just making a mockery of it).

Trump uses his official phone to officially tweet his personal opinions all the time.