President Donald Trump's Handling of the U.S. Economy

A new Reuters/Ipsos poll shows that Americans are giving President Donald Trump poor marks for his handling of the economy, with just 37% approving of his performance. Concerns include trade wars, tariffs, and economic instability. Trump's overall approval rating is higher than his Democratic predecessor, but there are worries about the economy heading towards a recession.

Challenges and Hopes in New Mexico's Oil and Gas Industry

The San Juan Basin in New Mexico, one of the oldest federal lands drilling areas, is facing challenges as major oil companies left the region. Despite hopes for a new boom, trade wars and fears of a recession have dampened expectations for higher profits. Local workers and companies are navigating uncertainty and volatility in the oil and gas industry.

President Trump's Job Performance and Approval Ratings

President Trump's approval ratings are declining as he signs numerous executive orders, with concerns over the economy and trade wars impacting public opinion.

Decline in Foreign Arrivals at U.S. Airports

Foreign arrivals into major U.S. airports dropped by over 20% year over year in late March, signaling a potential crisis for the country's travel industry due to various factors like trade wars, economic and political volatility, and immigration policies.

Value-Added Taxes (VATs) and Trade Wars

The article discusses how Value-Added Taxes (VATs) can be used as weapons in trade wars, highlighting their impact on consumer prices, competitiveness of American goods in international markets, and trade imbalances. It criticizes the hypocrisy of free trade advocates who denounce tariffs but praise VATs, arguing that VATs are essentially tariffs with additional taxes on sales of domestically produced goods.

Rising Delinquency Rates Among Car Owners in the US

Car owners are missing monthly payments at a 30-year high, with subprime borrowers facing the highest delinquency rates since 1994. Economic challenges like inflation and high car prices are leading to increased repossessions. The situation is exacerbated by trade wars and sluggish economic growth in the US.

Impact of Trump's policies on the US economy

The US economy is at risk of a deep recession due to Trump's assault on the federal government and trade wars with America's neighbours. Layoffs could reach 1 million, leading to significant negative impacts on job losses and economic health. The damage may not be immediately visible but could have far-reaching consequences.

Impact of Tariffs and Trade Wars on the U.S. Economy

Many Americans believe tariffs will help the U.S. economy despite economists warning of the negative effects. Research on the 'China Shock' has shown devastating impacts on American communities due to increased Chinese imports. The China Shock economists advocate for greater government intervention in markets to support affected workers and communities.

President Trump's Tariff Strategy and Bias Towards Inaction

Vice President JD Vance discusses establishment bias towards inaction regarding President Trump's tariff strategy, emphasizing the need for action and leveraging economic power for the benefit of the American people.

Impact of President Trump's Tariffs on Global Stock Markets

Global stock markets slumped and the dollar strengthened after President Trump imposed tariffs on imports from Mexico, Canada, and China, causing Asian and European markets to fall as well.

The Impact of Trade Wars on the Economy

President Donald Trump's belief that trade wars are good and easy to win has been disputed by many economists who point to the negative impact of the Smoot-Hawley Tariff Act in the 1930s. The act exacerbated the Great Depression by leading to retaliatory tariffs from other countries, causing a significant drop in global trade.

China's Stockpiling of Resources and Potential Currency Devaluation

China's stockpiling of important resources like gold and oil has prompted speculation about a potential major devaluation of the CNY, which could have significant global repercussions. The country's actions are seen as preparations for economic instability, possibly related to geopolitical tensions and trade wars.