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NOTABLE & QUOTABLE
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Speaking at the Economic Club of New York, Larry Fink, CEO of asset manager BlackRock, explained one of many impacts of the tariffs:
Barbie dolls will become more expensive because many toys are made in China.
Catching up on China news today: President Trump threatens China with an additional tariff of 50 percent unless it retreats from its retaliatory tariffs. Meantime, China tries to downplay the trade war effects on its economy.
NYT Columnist Tom Friedman endorses idea of 50/50 joint venture concept for American reindustrialization, which I heard first from Mitch Presnick, Visiting Fellow, Harvard's Fairbank Center for Chinese Studies
Was that global tariffs or golf tariffs?
Read about the whirlwind $ weekend at Trump properties. NYT
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