Free Republic

“When President Xi very elegantly referred to the United States as perhaps being a declining nation, he was referring to the tremendous damage we suffered during the four years of Sleepy Joe Biden and the Biden Administration, and on that score, he was 100% correct,” [ snip ] Trump did not point to a specific comment made by Xi. But the post comes after his Chinese counterpart, in opening remarks at a U.S.-China bilateral meeting, questioned if the two nations could overcome the “Thucydides Trap” — a theory suggesting that when a rising power threatens to displace an established one,...

Prices that consumers pay for a wide range of goods and services increased at a faster-than-expected pace in April, as another burst in energy prices raised further concerns about inflation’s impact on the U.S. economy. The consumer price index rose at a seasonally adjusted 0.6% for the month, putting the one-year pace at 3.8%, the Bureau of Labor Statistics reported Tuesday. The monthly rate was as forecast, but the annual rate was 0.1 percentage point above the Dow Jones consensus.