"The prohibition 'makes outlaws out of perhaps thousands of Nashvillians who…are simply trying to earn an honest living,' according to the suit. There are at least 1,600 home-based enterprises in operation in the city, and since many such companies are forced to operate illegally, the true count is most likely even higher."
"The statement from the Chinese embassy said Trump's trade action was 'self-defeating' and would hurt American companies, consumers and financial markets. The administration said it would announce in the next 15 days which products would be subject to tariffs."
"Rather than giving into the prevailing attitude among market participants that the nine-year-old bull market could continue indefinitely, Buffett's latest annual letter to shareholders warns Berkshire investors that losses of 50% or more are not only possible but inevitable in the future."
"The breadth of the tariffs remains a contentious topic in the business sector and the White House, with some industries fretting about retaliation and increased costs to American companies and consumers."
"A dangerous bill called the CLOUD Act would allow police at home and abroad to seize cross-border data without following the privacy rules where the data is stored."
"Under Xi—the most powerful Chinese leader in four decades—China’s own one-party system is one that is ready to be exported to regimes everywhere."
"Critics have compared the move to the disastrous redistribution of land in neighbouring Zimbabwe, which was often accompanied by violence and left farms neglected."
"The Chinese Communist Party on Sunday proposed to abolish the two-term term limit for the president and vice-president, sparking an online backlash which it has been trying to control. Critics flooded Weibo and WeChat — China's version of Twitter and WhatsApp — to protest the plan, but were swiftly met by the country's censors. Various Chinese characters for terms like 'emigrate,' 'lifelong,' and 'I disagree' were banned, alongside ... the letter N."
"The ONLY exception and the only place on the planet where Trump’s tax plan can’t reach is the US territory of Puerto Rico."
"It’s safe to say that we will continue to see many US citizens who live abroad renouncing their US citizenships, possibly still in record-setting numbers. This is not because they don’t love the USA, or because they are greedy tax evaders, but because they simply can’t afford the cost of compliance, which, as a result of FATCA, includes the inability to maintain bank and investment relationships abroad, and frequently, the need to pay tax to two governments on the same piece of income. Indeed, it’s fair to say that the Tax Cuts and Jobs Act doesn’t really contain any positive changes for US expats."