Multifront Trade War News Today : Breaking News, Live Updates & Top Stories | Vimarsana

>> is it the fed's job to minimize the president's trade war? >> we've never been here before. >> right. >> the fed's job is to keep inflation at its target rate, around 2%. ad to keep unemployment low. to keep people working and keep, you know, prices under control. it's the shock to the american economy, you think of the economy as a car. you've got the president driving the car into the ditch. the fed essentially has to help steer the car into the ditch. >> one of the great dilemmas of the trump presidency. yet another bizarre twist in the amazon fire story. a spokesman for brazilian pres...

Causing the sector to shrink for the first time in nearly a decade. a scathing op-ed came from bill dudley. in it, dudley says the fed should not enable trump's trade war and should ignore his calls for rate cuts writing, "this manufactured disaster in the making presents the federal reserve with a dilemma. should it mitigate the damage by providing offsetting stimulus or refuse to act along? the timing of the column is interesting with a new round of tariffs scheduled to kick in on sunday. the fed rejected dudley's statement and suggestions. a spokesperson for the fed told "the new york times...

And trade headline. meanwhile, u.s. consumers are -- are still fueling this economy. consumer confidence data for august showed shoppers are far more confident in the economy than many economists thought. the strong labor market is helping shoppers set aside worries about the trade war between the u.s. and china. a top lowe's executive is apologizing after saying this about a power drill in a corporate video to employees monday. >> the thing is compact, it fits anywhere, small hands, right. so those customers that really have the affinity toward makita, some of our hispanic pros with smaller...

Farmers here who are reeling from the president's multifront trade war. president trump and japanese prime minister shinzo abe made an agreement in principle on trade during the g7. while american pork producers say they're happy about the deal, get this -- this deal is no better than if trump had stayed in the transpacific partnership in the first place. that's two years to get to a place where pork producers already were. pork producers have relied on japan as their biggest market. they had seen exports slip this year. the new deal should put them back where they were on a level playing fiel...

Boss. deutsche bank won't confirm publicly whether it has president trump's tax returns, but it does acknowledge to the courts that a subpoena would cover people's returns, possibly those of trump family members. that means house democrats could see tax returns in short order if congress wins its lawsuit to have them released. deutsche bank says it also has returns of, quote, immediate family of those named in the subpoena. in a separate letter to the court, capital one bank said that it does not have copies of the tax returns. president trump renewing his attacks on the fed, blaming the f...