Trade with China Is Falling

-22%

Associated Press: “China’s trade with the United States is falling as the two sides prepare for negotiations with no signs of progress toward ending a tariff war that threatens global economic growth. Imports of American goods tumbled 22% in August from a year earlier to $10.3 billion, customs data showed Sunday. Exports to the United States, China’s biggest market, sank 16% to $44.4 billion.”

China Socks It to Trump with New Tariffs

$75 billion

“China announced that it will impose additional tariffs on a total of $75 billion of U.S. goods in retaliation for President Trump’s latest planned levies on Chinese imports,” Bloomberg reports. “Some of the countermeasures will take effect starting Sept. 1, while the rest will come into effect from Dec. 15, according to the announcement from the Ministry of Commerce. This mirrors the timetable the U.S. has laid out for 10% tariffs on nearly $300 billion of Chinese shipments.”

More than Half of Price of ‘Made in China’ Products Goes to U.S. Workers, Businesses

56%

About 56 percent of what you pay for something “made in China” goes to U.S. workers and companies, on average, according to a new analysis released by the Federal Reserve Bank of San Francisco, the Washington Post reports. The rules are complicated, but “made in China” roughly indicates a good was assembled in a Chinese factory. Its parts, design, marketing and distribution may have come from anywhere — and that “anywhere” is often the United States.

Ivanka Trump Gets China Trademark Approval for Voting Booths

Reuters reported today that China has issued 16 trademarks for President Trump’s daughter Ivanka in the past two months — including one for voting machines!

The group Citizens for Responsibility and Ethics in Washington made the findings about the new China trademarks in a Monday statement, and said it was the largest number of new Chinese trademarks her company has received in a single month since her father took office.

The latest China trademarks cover things like shoes and jewelry, but also more offbeat items like voting machines and nursing homes, according to a search of records on the Chinese State Administration for Industry and Commerce’s Trademark office.

The trademarks were applied for in 2016.

Which got me thinking, what would an ad campaign for a Trump-branded voting booth look like, which inspired me to write a little advertising copy:

Voiceover: Deep female voice with indistinct Eastern European accent

Welcome to the IvankaBooth!

Snuggle into your own private political space where it’s just you and the last dog whistle or overt racist remark echoing in your head.

Settle into your plush, golden surroundings and focus on which vote suppressor or media attacker you’re casting your ballot for in the intimate confines of your IvankaBooth, where it’s just you and God and your uneducated, uninformed, misinformed and misogynistic beliefs in the pursuit of your inalienable right to vote for the demagogue of your choice.

IvankaBooth — it’s where YOU make history happen!

(Made in China. Patent pending)

Trump Imposes Another $200 in Tariffs on China

$200 million

“President Trump, emboldened by America’s economic strength and China’s slowdown, escalated his trade war on Monday, saying the United States would impose tariffs on $200 billion worth of Chinese goods as punishment over Beijing’s trade practices,” the New York Times reports. “The fresh round of tariffs comes on top of $50 billion worth of Chinese products already taxed earlier this year, meaning nearly half of all Chinese imports into the United States will soon face tariffs.”