Cartoon

Royal Baby

Written by SK Ashby

(Cartoonist - Adam Zyglis)

In other news, the Trump regime is cutting off fetal tissue research at the National Institutes of Health for no substantiated reason.

Meanwhile, Bloomberg reports that a business deal between Boeing and Chinese airlines worth $30 billion in American-built planes might be called off because of Trump's trade war.

Finally, the International Monetary Fund warns that Trump's tariffs on China could cost the global economy almost $500 billion in 2020.

IMF Managing Director Christine Lagarde said in a blog and briefing note for G20 finance ministers and central bank governors that taxing all trade between the two countries, as President Donald Trump has threatened, would cause some $455 billion in gross domestic product to evaporate — a loss larger than G20 member South Africa’s economy.

“These are self-inflicted wounds that must be avoided,” Lagarde said in an IMF blog post. “How? By removing the recently implemented trade barriers and by avoiding further barriers in whatever form.”