Today: 23.07.2018
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White House downplays China trade tensions as ‘dispute’.

The Trump administration tried Tuesday to minimize the intensifying trade war between the US and China, calling it a “dispute.” Speaking to reporters, White House trade adviser Peter Navarro championed what he called the “courageous and visionary” efforts by President Trump to correct what the administration has called a “massive” trade imbalance between the two...
Time: 12:48     Date: 19.06.2018
Last US Business News: White House downplays China trade tensions as ‘dispute’. NY Post 24 - US News

Speaking to reporters, White House trade adviser Peter Navarro championed what he called the “courageous and visionary” efforts by President Trump to correct what the administration has called a “massive” trade imbalance between the two countries.

“This is a trade dispute. Nothing more, nothing less,” Navarro said Tuesday of the administration’s efforts to levy tariffs to protect the “crown jewels” of American technology.

Still, despite frequently referring the trade tensions as a dispute, Navarro did not downplay what Trump has called China’s “unfair practices” towards US technologies.

“If China successfully captures these emerging industries of the future, America will have no economic future while its national security will be severely compromised,” Navarro said. “These actions are necessary to defend this country and that they are bullish for corporate America,” Navarro said.

Markets didn’t buy the bullish talk.

The Dow Jones industrial average fell more than 400 points in early trades Tuesday — erasing its gains for the year — before paring losses slightly by midday.

The S&P 500 and Nasdaq were also down 0.7 percent and 0.9 percent, respectively.

Navarro’s remarks came after President Trump said Monday that he directed the United States Trade Representative to create a list of $200 billion of Chinese goods that would be subjected to tariffs of 10 percent.

“Further action must be taken to encourage China to change its unfair practices, open its market to United States goods, and accept a more balanced trade relationship,” Trump said in a statement Monday evening.

Trump’s request came after China identified $50 billion worth of US goods to be subjected to tariffs Friday — mirroring a move the Trump administration announced earlier that day.

Previous efforts between the US and China to come to an agreement on trade have not been fruitful, Navarro said.

“Our phone lines are open. They have always been open,” Navarro said, referring to “numerous” interactions between the two countries over the last months.

“The fundamental reality is that talk is cheap,” he added, noting that there are no talks between the countries scheduled now.

Business

Last US Business News: Top MBA graduates are leaving other job hunters in the dust. NY Post 24 - US News
Top MBA graduates are leaving other job hunters in the dust.
There’s a growing class divide on Wall Street. The brightest MBA graduates this year from the most elite schools scored...
Last US Business News: Papa John’s board OKs ‘poison pill’ to block founder from gaining control. NY Post 24 - US News
Papa John’s board OKs ‘poison pill’ to block founder from gaining control.
The boardroom battle at Papa John’s got a little uglier on Sunday. The pizza chain’s board, looking to further distance...
Last US Business News: Jeep exec takes over Fiat as longtime leader steps down. NY Post 24 - US News
Jeep exec takes over Fiat as longtime leader steps down.
ROME — Jeep executive Mike Manley will be the new CEO of Fiat Chrysler Automobiles after longtime leader Sergio Marchionne’s...
Last US Business News: The easiest way to cash bonds and get your money quickly. NY Post 24 - US News
The easiest way to cash bonds and get your money quickly.
Dear John: I don’t think banks cash Series EE US government bonds. I believe you have to bring them to the US Treasury...

Opinion

Last US News - Opinion: When colleges say ‘inclusive,’ what they really mean is no conservatives. NY Post 24 - US News
When colleges say ‘inclusive,’ what they really mean is no conservatives.
Need more evidence that US campuses actively silence conservatives? Then take a look at a stunning new report by the higher-ed...
Last US News - Opinion: Even a serial child-killer will soon go free, thanks to Cuomo’s parole board. NY Post 24 - US News
Even a serial child-killer will soon go free, thanks to Cuomo’s parole board.
Gov. Cuomo’s parole board has truly lost it. After springing two notorious cop-killers and a gunman who killed a Bronx...
Last US News - Opinion: Blue states’ SALT lawsuit is as baseless as all their others. NY Post 24 - US News
Blue states’ SALT lawsuit is as baseless as all their others.
New York and three other deep blue, high-tax states last week filed yet another of those just-for-show lawsuits — this...
Last US News - Opinion: Why a blue wave in the midterms is no sure thing. NY Post 24 - US News
Why a blue wave in the midterms is no sure thing.
The question of how President Trump is faring with the American electorate is obsessional for everyone interested in politics....
Last US News - Opinion: Democrats are helping Putin destabilize America. NY Post 24 - US News
Democrats are helping Putin destabilize America.
Last week, The Washington Post published an op-ed headlined “It’s not wrong to compare Trump’s America to the Holocaust.”...

Living

US Living News: Katana Kitten stirs Tokyo cocktail dreams in West Village. NY Post 24 - US News
Katana Kitten stirs Tokyo cocktail dreams in West Village.
Katana Kitten, a new Japanese-American cocktail bar, wants to be your midsummer night dream destination in the West Village....
US Living News: Almayass’ new lounge with mezze tastings opens this week. NY Post 24 - US News
Almayass’ new lounge with mezze tastings opens this week.
Almayass, a Lebanese-Armenian restaurant that launched in 2012 as an outpost of its Beirut flagship, is opening a new lounge...
US Living News: The Butcher’s Daughter opens in Williamsburg. NY Post 24 - US News
The Butcher’s Daughter opens in Williamsburg.
The Butcher’s Daughter, a plant-based restaurant and juice bar favored by health-conscious celebs like Goop’s Gwyneth...
US Living News: Some Ritz cracker products recalled over salmonella risk. NY Post 24 - US News
Some Ritz cracker products recalled over salmonella risk.
Mondelez Global says it’s voluntarily recalling some of its Ritz Cracker products over potential risk of salmonella....
US Living News: Beware the hiring process that takes your ideas for free. NY Post 24 - US News
Beware the hiring process that takes your ideas for free.
When Nicole Cueto interviewed for a public-relations-director job nine months ago at a biotech company, the Upper East Sider...
US Living News: How to meet with recruiters when you’re not looking for a job. NY Post 24 - US News
How to meet with recruiters when you’re not looking for a job.
I am starting a new job and I have the ability to hire staff. Would it be burning a bridge with my former employer if I hired...
US Living News: The untold story of who really first broke the sound barrier. NY Post 24 - US News
The untold story of who really first broke the sound barrier.
On Oct. 14, 1947, Air Force pilot Chuck Yeager became the first person to break the sound barrier — or so history tells...
US Living News: Harmonica used by Bob Dylan sells for $13.7K at auction. NY Post 24 - US News
Harmonica used by Bob Dylan sells for $13.7K at auction.
The auction is blowin‘ in the cash! A harmonica used by music legend Bob Dylan in 1961 fetched $13,750 at auction Saturday....

Business

Last US Business News: Top MBA graduates are leaving other job hunters in the dust. NY Post 24 - US News
Top MBA graduates are leaving other job hunters in the dust.
There’s a growing class divide on Wall Street. The brightest MBA graduates this year from the most elite schools scored...
Last US Business News: Papa John’s board OKs ‘poison pill’ to block founder from gaining control. NY Post 24 - US News
Papa John’s board OKs ‘poison pill’ to block founder from gaining control.
The boardroom battle at Papa John’s got a little uglier on Sunday. The pizza chain’s board, looking to further distance...
Last US Business News: Jeep exec takes over Fiat as longtime leader steps down. NY Post 24 - US News
Jeep exec takes over Fiat as longtime leader steps down.
ROME — Jeep executive Mike Manley will be the new CEO of Fiat Chrysler Automobiles after longtime leader Sergio Marchionne’s...
Last US Business News: The easiest way to cash bonds and get your money quickly. NY Post 24 - US News
The easiest way to cash bonds and get your money quickly.
Dear John: I don’t think banks cash Series EE US government bonds. I believe you have to bring them to the US Treasury...
Last US Business News: Oil prices are continuing to rise — here’s why. NY Post 24 - US News
Oil prices are continuing to rise — here’s why.
Dear John: Please don’t drink the Kool-Aid. Gasoline is just too expensive. The price of $2.87 versus $2.85 or $2.84 is...
Last US Business News: NYCHA program is turning residents into successful chefs. NY Post 24 - US News
NYCHA program is turning residents into successful chefs.
She’s gone from hard times to the High Line. Last winter, Donna Davis had to leave the Crown Heights rental she’d called...
Last US Business News: JPMorgan is thriving under Dimon a decade after financial crisis. NY Post 24 - US News
JPMorgan is thriving under Dimon a decade after financial crisis.
In an interesting twist of fate, Lloyd Blankfein’s departure from Goldman Sachs, announced last week, leaves JPMorgan’s...
Last US Business News: Elon Musk is a total fraud. NY Post 24 - US News
Elon Musk is a total fraud.
One disastrous tweet has finally revealed Elon Musk for what he is: a fraud. Enraged that a British cave diver called his...

Metro

Metro News: Cuomo had the MTA waste $30M on tunnel vanity project. NY Post 24 - US News
Cuomo had the MTA waste $30M on tunnel vanity project.
Gov. Cuomo ordered the cash-strapped MTA to waste up as much as $30 million on his latest vanity project — retiling two...
Metro News: Wheelchair-bound man demands $50K from inaccessible shops. NY Post 24 - US News
Wheelchair-bound man demands $50K from inaccessible shops.
A Queens man who uses a wheelchair to get around has been demanding $50,000 a pop from dozens of Manhattan businesses —...
Metro News: Cuomo says God will judge de Blasio on NYCHA scandal. NY Post 24 - US News
Cuomo says God will judge de Blasio on NYCHA scandal.
Gov. Cuomo said Sunday that Mayor de Blasio would be judged by a higher power for his mismanagement of the city’s scandal-rocked...
Metro News: Tourists displaced by steam-pipe explosion can’t get belongings. NY Post 24 - US News
Tourists displaced by steam-pipe explosion can’t get belongings.
Mayor de Blasio said Sunday that the people displaced by last week’s asbestos-laden steam-pipe explosion ”likely” deserve...
Metro News: Boat dumps raw sewage in Brooklyn basin. NY Post 24 - US News
Boat dumps raw sewage in Brooklyn basin.
They’re up s–t’s creek — literally. A boat spilled 500 gallons of raw sewage into a Brooklyn waterway Sunday, according...
Metro News: Suspected sneaker thief caught during third day on lam. NY Post 24 - US News
Suspected sneaker thief caught during third day on lam.
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Metro News: Toddler wandering Brooklyn street alone is reunited with parents. NY Post 24 - US News
Toddler wandering Brooklyn street alone is reunited with parents.
A pair of Brooklyn parents were reunited with their baby after the toddler wandered onto the street on Sunday morning, police...
Metro News: Hasidic, female EMTs are battling misogyny in NYC. NY Post 24 - US News
Hasidic, female EMTs are battling misogyny in NYC.
“This is not a test! This is not a test!” came the clear, steady female voice on a summer night in 2014....

Sport

Last US Sport News: Pitching prospect’s Mets future appears closer than ever. NY Post 24 - US News
Pitching prospect’s Mets future appears closer than ever.
With every phone call the Mets field with a rotation-desperate hopeful trade partner, Justin Dunn gets closer to relevance....
Last US Sport News: Subway Series rainout was just what CC Sabathia needed. NY Post 24 - US News
Subway Series rainout was just what CC Sabathia needed.
Sunday’s rainout not only allowed the Yankees to avoid Jacob deGrom, it also gave them a chance to push CC Sabathia three...
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They are the apples of our Big Apple football eyes, chosen to reverse the fortunes of floundering franchises, if not immediately,...
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The Nets don’t have to make a D’Angelo Russell decision right now, and they don’t intend to — not if it mucks up...
Last US Sport News: Mets enticing vs. Padres thanks to Subway Series washout. NY Post 24 - US News
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Breakfast at Carnoustie proved an entertaining watch. Long-shot Francesco Molinari held off big favorites Rory Mcllroy, Jordan...