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Trumpism 2.0: Inside the former president's plans for a second term

Donald Trump's policy plans have been overshadowed by his legal troubles and his efforts to relitigate the 2020 election, to the extent that the public may not be aware of his promises, but they have been spelled out in an ongoing series of videos and fact sheets posted to his website and filled in around the edges by comments to the press.

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Capital expenditure, business investment boom will boost US economy

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Construction workers on a job site on February 04, 2021 in Miami, Florida.
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Business investment is picking up since the bottom of the COVID pandemic crash.
This increased investment should continue for the next year and help the US economy recover.
Policy support, financial conditions, and rising GDP expectations should all support capital expenditures.
Neil Dutta is head of economics at Renaissance Macro Research.
This is an opinion column. The thoughts expressed are those of the author.

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Tariffs Will Not be the Focus of Talks With China, White House National Security Advisor Says

Secretary of State Antony Blinken and national security adviser Jake Sullivan are scheduled to meet with diplomat Yang Jiechi, the director of China’s Office of the...

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Trump's trade war on China was a failure in every possible way

China isn't even close to fulfilling its end of the deal.

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Stock market clearly preferred Joe Biden election win over Trump

Drew Angerer/Getty Images
President Donald Trump has long touted the rising stock market as evidence of his success.
During the campaign, Trump also claimed that if Joe Biden won the election that the stock market would crash.
Since President-elect Biden's win, the stock market has not crashed and the data clearly shows that investors preferred a Biden win all along.
Benn Steil is director of international economics at the Council on Foreign Relations.
Benjamin Della Rocca is an analyst at Council on Foreign Relations.
"If he is elected, the stock market will crash," said President Donald Trump of his then-opponent, Joe Biden, at the October 22 presidential debate.

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The Last Word With Lawrence ODonnell-20190913-02:03:00

tweet saying he was delaying increased tariffs on chinese goods scheduled for october 1st as quote, a gesture of goodwill. due to the fact that the people's republic of china will be celebrating their 70th anniversary and that is the very first time a president of the united states has greeted the birthday of the communist dictatorship in china with such a gift. according to "politico"'s reporting, the change is all part of an effort by some trump advisers who understand just how damaging the trump trade war is to the united states and to donald trump's re-election campaign. "politico" reports the goal of the internal administration discussions is to forestall october tariff increases and the next tariffs set to take effect in december with some advisers arguing that the economic hit is real and must be mitigated prior to the election year. the economic hit is real according to every economist not working in the trump white house. yahoo finance reports forecasting firm moody's

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The Last Word With Lawrence ODonnell-20190913-02:12:00

republican states that are allowing primary elections. i would expect the other republican candidates to be making as much of this as they possibly can, and in certain situations in certain states some of them might even get a better hearing on the trump trade war than some of the democrats get. >> yeah, good point. you know, the irony in all of this, at least from a political perspective for the president is that the damage that the trade war is creating is mostly in those parts of the country that have voted very heavily for the president. you know, think about that. agricultu agriculture, the farm sector. of course the president's trying to mitigate the fallout of the trade war by $16 billion in aid, but that only goes so far. and of course manufacturing, i mean, he was all about manufacturing, and this is -- manufacturing's on the front line of the trade war. it's in recession and starting to lose jobs. so you know, this is really hurting the parts of the country that voted for the president in the last election. >> and one thing, jonathan, that

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The Last Word With Lawrence ODonnell-20190913-02:04:00

analytics estimates that the trump trade war with china has already reduced u.s. employment by 300,000 jobs compared with likely employment levels absent the trade war. that's a combination of jobs eliminated by firms struggling with tariffs and other elements of the trade war and jobs that would have been created but haven't because of reduced economic activity. the firm's chief economist mark sandy who will join us in a moment told yahoo finance that the job toll from the trade war will hit about 450,000 by the end of the year if there's no change in policy by the end of 2020, the trade war will have killed 900,000 jobs on its current course. the hardest hit sectors are manufacturing, warehousing, distribution, and retail. in other bad economic news for the trump re-election campaign, president trump's own treasury department has been forced to admit that the u.s. annual budget deficit is now more than a trillion dollars a year.

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The Last Word With Lawrence ODonnell-20190913-02:17:00

policy where you don't say things like, well, winning a trade war is easy and you have very tough negotiations on technology transfer, intellectual property, agricultu agriculture, genuine trade issues where the chinese are taking advantage of us. you come at it with our strength, not with protectionism that doesn't work. >> yeah, and you've touched on a larger subject that we don't have time for tonight on international trade, which is that it has strategic importance beyond just economic policy, that it has a strategic importance in interlocking different countries and creating more of a security blanket in effect and eliminating different kinds of tensions that might otherwise arise. we're going to have to leave it there, mark zandy, jonathan alter, thank you for starting us off. when we come back, political

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The Last Word With Lawrence ODonnell-20190913-02:11:00

i mean, i think they're going to wa wait and see how the election plays out. >> just one word in there that mark just said that i really want to emphasize for the audience. you don't want to get in a trade war with a dictatorship. no one in china is worried about their approval ratings in government in this situation. donald trump is the one who has political risk in this. >> but it -- you know, we're not sure whether xi wants trump out of there because he's so easy to manipulate that he might want to do trump a favor and come up with some kind of a deal because he could have his hands full , with president warren or president biden or somebody else who's not as much of a sap and not as out of his depth in these negotiations. >> mark, there is, after all, a republican primary now in the states that are allowing --

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