But that’s only half the story, and the other half really matters. The larger story is that Trump’s agenda has actually united powerful groups on both sides of the economic divide — ones that are often at odds with one another — in agreement against it. Big business and big labor both have been sharply critical of Trump’s economic program. To some degree, this is because they oppose him for different reasons. But both are also criticizing him on trade in particular, his core economic issue.

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Powerful business groups like the U.S. Chamber of Commerce and the National Association of Manufacturers are blasting Trump on trade (though they don’t officially endorse or oppse in presidential races). The U.S. Chamber of Commerce’s president, Tom Donohue, has a piece this morning ripping into Trump’s protectionism, arguing that global trade has created far more winners than losers and has benefited America. The head of the National Association of Manufacturers has repeatedly blasted Trump along similar lines.

Meanwhile, on MSNBC last night, AFL-CIO president Richard Trumka tore into Trump as a huckster on the trade issue. Trumka cited the news that Trump clothing products were manufactured in countries like Bangladesh and China, and added: “Trump was the chief cheerleader and beneficiary of the trade policies until he discovered out in the hinterlands of Pennsylvania and Ohio this is a powerful, powerful issue. Then he flips over and now is against trade. He’s got the right position right now but nobody believes him.”

“When it comes down to it, both business and labor understand that Trump is a complete fraud on trade,” Josh Goldstein, a spokesperson for the AFLCIO, tells me. “Trump is using trade as his core issue right now, and both sides adamantly disagree with him on it.”

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The situation is nuanced and unusual. Labor unions are ripping Trump as an opportunist on the issue, and ridiculing his pro-worker posture as phony, noting that his broader economic agenda is actually hostile to workers — and is actually in sync with corporate and GOP elites in key ways. For all his trade bluster, Trump has not laid out an agenda to spend federal money to help workers displaced by globalization and automation, which Hillary Clinton has done. Meanwhile, Trump has voiced support for ending the federal minimum wage and backs repealing Obamacare and Dodd-Frank financial reform.

In short, Trump isn’t just at war with corporate elites on behalf of the American worker, as some of the headlines (and Trump himself) like to suggest. Rather, Trump is running a scam, in which he’s trying to win over Republican and corporate donor elites with some policies (on the minimum wage, Dodd-Frank, Obamacare, and so forth) while trying to win over blue collar whites in the industrial heartland with protectionist bluster and attitude. This is putting him at odds with just about everyone in one way or another.

As one D.C. lobbyist for major manufacturers said to me this morning: “When is the last time you saw a presidential nominee taking incoming fire from both labor and big business, who are on opposite sides?”

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* ATTORNEY GENERAL WILL ACCEPT PROBE FINDINGS: With the furor continuing about Bill Clinton’s impromptu meeting with Attorney General Loretta Lynch, the New York Times reports:

Lynch plans to announce on Friday that she will accept whatever recommendation career prosecutors and the F.B.I. director make about whether to bring charges related to Hillary Clinton’s personal email server, a Justice Department official said. Her decision removes the possibility that a political appointee will overrule investigators in the case.

The Justice Department says this was in the works for months, but obviously, that won’t quiet the charges of conspiracy, nor the charges of a cover-up should the FBI probe clear Hillary.

* PRO-TRUMP SUPER PACS STRUGGLE TO RAISE BUCKS: The Los Angeles Times finds that GOP donors aren’t interested in sinking money into the pit otherwise known as Trump’s presidential hopes:

A hodgepodge of rival outside super PACs are now fighting — without much success — to attract rich GOP donors and the candidate’s implicit endorsement….A hodgepodge of rival outside super PACs are now fighting — without much success — to attract rich GOP donors and the candidate’s implicit endorsement.

This means the substantial and ongoing spending by pro-Hillary outfits on ads bashing Trump in the battleground states continue to mostly go unanswered, at a critical time.

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* BERNIE STILL HOLDS OUT ON HILLARY: On MSNBC last night, Chris Hayes repeatedly pressed Sanders to say whether he’s endorsing Clinton, and finally got this notable answer:

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“We are working with the Clinton campaign, trying to be able to come forward to my supporters and say: You know what, here’s the progress we have made,” said Sanders. “Here’s what Secretary Clinton is saying on this issue and that issue.”

If true, this means the delay is not only about getting more changes to the platform; it’s also about bringing along his supporters by persuading them that they are being heard.

* BERNIE STILL VOWS TO TAKE IT TO THE CONVENTION: Politico reports that Sanders is telling his supporters that he’ll go to the floor in Philadelphia if necessary:

In an email to supporters on Thursday (titled “We’re going to the convention”) Sanders wrote that “we are going to take our political revolution into the halls of the Democratic National Convention in Philadelphia where we will fight to place a $15 minimum wage, opposition to TPP, and a ban on fracking directly into the Democratic Platform.”

Key questions: Whether Sanders will endorse Clinton before this happens, and if it does, whether that creates any serious turbulence in Philly.

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* TRUMP CHARITABLE GIVING IS AGAIN SCRUTINIZED: Four years ago, Trump won at an auction a Denver Broncos helmet signed by then-star quarterback Tim Tebow. David Fahrenholdt has the rest of the story:

Trump won, eventually, with a bid of $12,000….But Trump didn’t actually pay with his own money. Instead, the Susan G. Komen organization — the breast-cancer nonprofit that hosted the party — got a $12,000 payment from another nonprofit , the Donald J. Trump Foundation….He paid the bill with money from a charity…which is largely stocked with other people’s money.

Yeah, yeah, yeah, whatever. All you need to know is that Trump’s charitable giving is huge and tremendous.

* TRUMP RAISES BUCKS OFF PROMISE OF HILLARY INDICTMENT: CNN reports on the struggling Trump fundraising operation:

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Trump sent supporters a fundraising plea Wednesday hinged on a promise to indict Hillary Clinton. “Breaking: Hillary to be indicted in November,” read the email’s subject line, sent from the Trump campaign to Ben Carson’s email list. The idea is that the voters will get to do what corrupt authorities won’t, i.e., indict Hillary. Given that Trump’s scam candidacy managed to get this far with Republican voters, it’s not all that surprising that he has total contempt for their intelligence, is it?

* AND THE QUOTE OF THE DAY: Trump wants you to know that his Republican convention will show taste, modesty, and restraint:

“What they’ve asked me to do is to speak all three nights. I turned it down,” he said in an interview from his Fifth Avenue office one recent afternoon. Not that people aren’t clamoring to see more of him, of course. “Everybody wants that,” he insisted. But he said he demurred at the risk of looking too self-absorbed. “I don’t want people to think I’m grandstanding — which I’m not,” he said, before adding, almost reflexively, “But it would get high ratings.”