This is what happens when the magician steps back and you can see the distraction from his slight of hand trick: White House civil war breaks out over trade:
A civil war has broken out within the White House over trade, leading to what one official called “a fiery meeting” in the Oval Office pitting economic nationalists close to Donald Trump against pro-trade moderates from Wall Street.
The Financial Times are polite, but let’s be clear that this fight is between White Nationalists (Bannon and Trump’s trade advisor the nutty Peter Navarro who only wants to have bilateral trade negotiations). On the other side are the Wall Streeters led by Gary Cohn, a former Goldman Sachs bastard who leads The Russian Usurper’s National Economic Council. The Wall Streeters are winning.
Which means the residents of Possum Hollar, who put Hair Führer in office on his promise that that he is gonna bring back coal jobs and buggy whips, they are gonna have a sad Navarro doesn’t get to kick Angela Merkel’s lady bits.
Here’s the take-away quote:
“At the moment it appears that the Wall Street wing of the Trump administration is winning this battle and the Wall Street wing is in favour of the status quo in terms of US trade policy.”