US President Donald Trump is adamant about waging a global trade war. And all because of his simplistic, if not misguided view of economics.
On Wednesday, he threatened to slap 25% tariffs on the European Union, claiming the 27-country bloc were “formed to screw the United States”.
Already he has said he will impose 25% tariffs on the US’s two largest trading partners, Canada and Mexico, this week.
And he announced Thursday that China will be slapped with an additional 10% in levies starting March 04. The new tariffs would be on top of the 10% further tariffs that Trump levied on China on February 04 – read my February 10 post "China Strikes Back at US".
If all of the above happens, we may very well expect these countries to gang up to screw Trump real and proper instead! It's about time to rein in the bully!
Celtic are now just three wins away from retaining the Scottish Premiership crown after seeing off St Mirren in a seven-goal classic in Paisley to extend their lead at the top of the table to 16 points. They beat St Mirren 5-2 yesterday.
Jeff Schlupp's cool finish in off the far post in the 28th minute gave Celtic the lead against the run of play. But the Buddies equalized five minutes later.
Celtic were back in front before half time as Daizen Maeda was brought down by a clumsy challenge and Arne Engels stepped up to dispatch his penalty down the middle. The Buddies equalized again in the forty-eighth minute.
Brendan Rodgers opted to make changes and Celtic's superior squad depth proved too much for St Mirren. Yang Hyun-jun was picked out at the back post by Reo Hatate to plant his header beyond the Buddies' goalie in the 68th minute to regain the lead, before two goals from Maeda (88) and Yang (90+3) once more gave the final scoreline some gloss as Celtic edge closer to clinch a fourth consecutive league title.
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