increase arms sales to taiwan? the insanity by the orange man continues with this as walmart will soon be having reduced inventory;

Did you know that we just witnessed the largest decline in U.S. imports in the entire history of our nation last month?  Unfortunately, things didn’t get any better this month.  In fact, during the final week of May imports at major ports on the west coast are down by almost a third compared to last year.  This is going to have a dramatic impact on our economy in the months ahead, and meanwhile a new crisis with China has just erupted.  The Chinese have been caught violating their 90 day trade agreement with the United States, and President Trump is extremely upset about this.  Of course the Chinese are extremely upset that President Trump is planning to increase arms sales to Taiwan.  Both sides deeply distrust one another at this stage, and if things continue to deteriorate our relations with China could soon resemble a gigantic dumpster fire.

According to the Census Bureau, U.S. imports fell by 68.4 billion dollars in April…

Indeed, last month, imports declined by a whopping $68.4 billion, according to advanced trade data released by the Census Bureau on Friday. This came after retailers stocked up on goods in March, aiming to get ahead of tariffs. But the stunning decline in imports could mean retailers have less of an inventory buffer, leaving them less able to avoid paying future tariffs — and that could lead to price increases for US consumers............more.........