Friday, August 31

ByKevin Sheekey

From Bloomberg Politics:

Donald Trump has no intention of playing nice with Europe over trade, is considering a capital gains tax break and might pull out of the World Trade Organization if it doesn’t treat the U.S. better, he said in an Oval Office interview yesterday with Bloomberg Editor-in-Chief John Micklethwait and White House reporters Margaret Talev and Jennifer Jacobs.

While the outside world might see him as in a bit of a bind, Trump made clear he doesn’t share that view, Micklethwait writes.

On trade, he declared the EU “almost as bad as China, just smaller,” touted the economic boom over which he’s presiding, and took pot shots at China. He again blasted Special Counsel Robert Mueller’s investigation into alleged election meddling by Russia as “illegal,” saying impeachment isn’t possible because lawmakers can’t “impeach somebody that’s doing a great job.”

Overall he awards himself an A-plus, calling “the level of love” at his rallies “just a beautiful thing to watch.” But with prosecutors creeping closer and the very real prospect that Republicans could lose control of the House in November, the toughest tests of Trump’s resilience may lie ahead. Click here for highlights the interview.

Trump Oval Office

President Trump is interviewed in the Oval Office by Bloomberg’s Jennifer Jacobs, John Micklethwait and Margaret Talev as White House Press Secretary Sarah Huckabee Sanders staffs the interview. August 30, 2018. (Photo by Al Drago/Bloomberg News)

First on the Bloomberg:
Trump to Back $200 Billion China Tariffs as Early as Next Week, Sources Say
(Bloomberg)

Hot on the Bloomberg:
Caffeine Marriage: Coke Makes $5.1 Billion Bet on Coffee Market With Costa Purchase
(Bloomberg)

China’s State Media: Trump Tweets Come From an ‘Alternative Universe’ (New York Times)

Get Ready: Next iPhone, Watch Images Leak as Apple Plans Sept. 12 Debut (Bloomberg)


Weekend reads.


Best of late night.

From Conan O’Brien’s opening monologue last night:

“Good news for the economy; consumer spending grew in August in America. You can be happy about that! That’s good news. The two most popular purchased items were anti-depressants and Canadian passports.”

“It has been reported that Sarah Palin was not invited to John McCain’s memorial service. She wasn’t invited. Yeah, it was reported in this month’s issue of ‘Oh Snap’ magazine.”

“It’s come out that the restaurant chain “In-N-Out” has donated $25,000 to the Republican party. It makes sense because “In-N-Out” is the perfect description of a career in Trump’s White House.”

Monday is Labor Day in the U.S., so your next Sheekey Daily Read will arrive on Tuesday, Sept. 4.

Thank you for reading!