A major Trump economic policy is happening right before our eyes — and it's a disaster

Donald Trump has been a bit light on policy proposals, especially when it comes to the economy.

He has said, however, that as president he would raise tariffs on Chinese goods (he's tossed around the number 45%) because the country is "cheating" with its low prices in the global marketplace.

So what would this look like? What would be the consequences of aggressive tariffs on global goods?

There's at least one place where we can see how a trade war with China would play out for the US: the steel industry. For over a year it has been ravaged by anemic demand and rock-bottom prices. China's incredible output of steel hasn't helped matters, and the world has been asking the country to slow its production. In fact, the US has been taking measures to shore up the price of domestic steel since President George W. Bush was in office.

RYAN LOCHTE PHELPS GOT 6-MONTH SUSPENSION ... And He Could Have Killed Someone

Ryan Lochte is going to get punished by the USOC ... but sources connected with the 4 swimmers don't think it's fair for the organization to annihilate them to appease those who are out for blood.

Lochte's lawyer, Jeff Ostrow, tells 3m360 he has faith in the USOC and that the organization will punish Lochte in a manner that matches his conduct during the drunken Brazilian escapade. Ostrow would not say more.

Michael Phelps' punishment for his 2 DUIs is unquestionably relevant. The reality is ... but for the grace of God, Phelps could have killed an innocent person while driving drunk. After his second DUI in 2014, the USOC imposed a 6-month suspension.

The org. did not strip Phelps of his medals or keep him from competing in the 2016 Olympics.

As for Lochte and crew, they were drunk as well, but none got behind the wheel. Our sources say worst-case scenario ... Lochte damaged a sign outside a gas station bathroom and peed on the grass.

As for the "lies" -- our sources are adamant ... he and the other swimmers were taken out of a cab at gunpoint and ordered to turn over hundreds of dollars ... classic robbery. The sources acknowledge the swimmers were deceptive by implying they were pulled over in a moving cab.

Bottom line ... sources connected with the 4 swimmers say a 6-month suspension would be harsh given Phelps' punishment, but could still be justified. Anything more, they say, is just vengeance to appease the media and the public.

Lagos police discover shallow graves in home of prophet who chained his teenage son and 27 others

The Commissioner for Police in Lagos state, Fatai Owoseni, has disclosed that shallow graves were discovered at the home of 70 year old Prophet Emmanuel Adeyemi who chained his son and 27 others at his Oyinbo Unity Estate home in Ojodu, Lagos state.

Speaking to newsmen at the police command yesterday August 23rd, Owoseni said the prophet who claims to be a traditional medicine practitioner, was arrested alongside his first wife last weekend after they got a tipoff that the couple buried some dead persons in their home.

MEEK MILL TRIED TO BLOCK DRAKE FROM PHILLY TURNUP

Meek Mill tried to set up a full blockade of Drake in Philadelphia, but the plan blew up in his face ... TMZ has learned.

Sources in both rappers' camps tell us Meek had Sunday night marked down on his calendar -- knowing full well Drake was scheduled to be behind enemy lines ... performing in Meek's hometown. We're told Meek's crew put out calls to several nightclubs asking them to turn down Drake if he wanted to throw an after-party.

Father and son find valuable lump of whale vomit on beach which could be worth an astonishing £65000

A UK father and son pair, Alan Derrick, 67, and Tom, 39 were on a leisurely walk on the beach when stumbled across a lump of whale vomit. What is news however is that the smelly lump could be worth a load of cash, £65000.
Engineer Tom picked up the grey waxy 'rock' and keen fisherman Alan thought it looked like super valuable 'whale poo' he had once seen in a newspaper.

Tests at Alan's home in Somerset confirmed it could be ambergris - a highly-prized but stinky substance used in the manufacture of perfume.

8 Christian Students Burnt To Death In Zamfara Poly For Alleged Blasphemy Against Prophet Muhammadu

No fewer than eight people have been burnt to death by a mob at Abdu Gusau Polytechnic, Talata Mafara of Zamfara state as a result of alleged blasphemy against Prophet Muhammad (PBUH) by a student of college.

The incident occurred on Monday when a male student alleged to have committed a blasphemy during an exchange of words with a Muslim friend, a situation which caused tension in the school.

It was also learnt that a mob had penetrated into the house where the alleged person was said to be hiding to avoid being lynched.

After they gained entrance, they set the house ablaze along with seven other persons in it. .

Police in Zamfara state confirmed the incident and imposed an indefinite curfew in the town with a view to restoring peace in the area.Spokesman of the police in the state, Deputy Superintendent of Police (DSP) Shehu Muhammad, in a press statement, cautioned any person or group of persons found violating the curfew order to desist from doing so or they would be arrested and prosecuted.

U.S. Secretary of State John Kerry in Sokoto, Nigeria for meetings with religious leaders

This morning U.S. Secretary of State John Kerry arrived in Sokoto, Nigeria, for meetings with religious leaders and to deliver a speech about countering violent extremism. He was received by Martin Brennan Charge d'Affaires U.S. Embassy Abuja.

Boy, 13, is killed and a 37-year-old man suffers serious injuries after crashing in a £1.2m Ferrari supercar which can reach speeds of up to 201mph

A 13-year-old boy has been killed and a man has suffered serious injuries after the rare £1.2million Ferrari supercar they were in crashed last night. 

The 37-year-old man and teenage boy were travelling in the red Ferrari F50 - which is capable of reaching 201mph - when the vehicle crashed.

The teenager, from Winchester, Hampshire, suffered life-threatening injuries and was pronounced dead at the scene.

Officers from Hampshire Constabulary were called at 8.45pm last night to the quiet village of North Warnborough, near Hook, following the tragic incident. 

The Ferrari F50 (pictured, stock photo) is capable of travelling at 201mph and can reach 60mph in just 3.8 seconds

How to make sure your child is safe in SEVEN simple steps - including not using personalised items and teaching them code words

Keeping your children safe and away from danger is every parent's number one priority.

From what to do if they think they're being followed to the best course of action if they're feeling unsafe and there are no police officers around, a website has these difficult conversations with your children covered.

Anxious Toddlers - a forum dedicated to giving parents support, advice and guidance - has created a list of seven tips to help keep your child safe when you're not around.

Anxious Toddlers is a website that helps to support, offer advice and guidance to parents on how to keep children safe

Fortunately, these situations are very rare, but it is always better for you and your child to be clued up just in case

In one half-hour conversation with your sons and daughters, you can instill into them some basic facts on what to do if they feel unsafe.

Girl-in-the-cellar Natascha Kampusch now LIVES at the home where she was held captive and raped for over eight years as she relives her ordeal on 10th anniversary

These are the haunting images that show girl-in-the-cellar Natascha Kampusch outside the house where she was raped and psychologically abused - and where she now lives.

Kampusch was caged at the property by deranged loner Wolfgang Priklopil for eight-and-a-half years and 10 years on relived her ordeal, demonstrating how she escaped through the front gate and ran to freedom.

The images show her opening the gate and the small road to the house in the leafy suburb. 

Natascha Kampusch spent eight-and-a-half years being raped and psychologically abused at a house near Vienna - and now lives there. This image shows her at the house

On that day Natascha recalled in an interview with Germany's Bild newspaper: 'I was told to clean his car.

'He wanted to sell it and had told me to clean it really thoroughly and completely. I remember that I felt like I could eat a horse because I had to make him jam sandwiches for breakfast but got nothing myself.'

Usain Bolt surrounded by scantily-clad women for wild birthday celebrations - before girls QUEUE for 'taxi organised by star'

Usain Bolt has been pictured kissing a mystery brunette in a top nightclub, cuddling up to a Brazilian student in bed, and partying until the early hours, to mark his birthday.

And now the Jamaican runner has shocked once again with a second night of partying - and was snapped surrounded by crowds of scantily-clad women in a London nightclub.

The star joined pals at west London club Cirque le Soir on Monday, before taking to the stage and singing to his fans.

He was seen surrounded by a bevy of beauties inside, before a stream of them QUEUED outside - apparently ready to pile into a taxi he had organised to take them all to another venue.

Photos from the religious crisis in Zamfara state (*viewer discretion advised*)

These are photos from the scene of the attack in Zamfara state yesterday. A student of the Abdu Gusau Polytechnic was beaten to a pulp for making a blasphemous comment about Prophet Muhammad. The home of a man named Tajudeen who rescued and helped to take the student to the hospital was razed by angry Muslims, killing 8 people. The school has been closed down indefinitely. See more pics after the cut.. 

The Philippines' new president is waging a drug war that has killed nearly 1,800 people

When Rodrigo Duterte, the Philippines' president, took office in June, he announced a sweeping crackdown on drug trafficking in the island nation.

In the seven weeks since, nearly 1,800 suspected drug dealers have been killed.

Under Duterte, 712 drug suspects had been killed in police operations since July 1, while 1,067 killings were carried out by vigilante groups during the same time frame, National Police Chief Ronald dela Rosa, told a Philippines Senate committee on Monday, according to The New York Times.

Senators have been questioning police on the killings as part of joint hearings by the Senate's Committee on Justice and Human Rights and the Committee on Public Order and Dangerous Drugs. The senators also heard from witnesses accusing police of gunning down their family members for being involved in illegal drugs.

North Korea dictator Kim Jong-Un threatens nuclear strike on US/South Korea base, S/Korea rsponds

North Korean Supreme leader Kim Jong Un has threatened to start a nuclear strike after the United States and South Korean Military units started a joint massive military drill- named Ulchi Freedom Guardian  (UFG) near the U.S Embassy in Seoul, South Korea on Monday...

Lady pictured 'in bed' with Usain Bolt 'is widow of notorious Brazilian drug lord' (photos)

The 20-year-old student who shared pictures of herself in bed with Usain Bolt is the widow of a notorious Rio de Janeiro drug lord known as Diná Terror (pictured right) according to new reports.

Jady Duarte gained popularity on Monday after she shared photos showing Olympic champion Usain Bolt cuddling and kissing her while in bed. According to reports from Brazilian media, Jady Duarte is said to have two children with Douglas Donato Pereira aka Diná Terror, who was shot dead by police in March after being wanted for at least 10 violent crimes.