U.S. Trade Policy

Secretary of State Marco Rubio talks about the need to reset the global order of trade and how President Donald Trump is right to do so. He criticizes China's trade practices and emphasizes the importance of the U.S. making things again.

President Trump's new tariffs on global trade

President Trump announces new tariffs on nearly every country, sparking global reaction and reshaping the global trading order.

Political Protests, Legal Precedents, Trade Policies

Pussy Riot, the Russian punk band, delivers a political message in Washington Square Park. Michigan Supreme Court overturns a 25-year-old precedent regarding marijuana smell. President Trump imposes tariffs on U.S. trading partners.

Impact of President Trump's Tariff Announcement on US Stocks

US stocks plunged in after-hours trading following President Trump's announcement of broad tariffs, leading to fears of economic growth stifling and global stock market turmoil. Retirement savings tied to stock market performance took a hit. Companies like Nike, General Motors, Nvidia, and Tesla saw stock drops. Trump declared a national economic emergency to launch the tariffs, aiming to bring factory jobs back to the US. The tariffs aim to charge other countries higher rates on imports to address what Trump sees as unfair trade practices.

Impact of Trump Administration Policies on Travel to the United States

CNBC host Andrew Ross Sorkin claims that travel to the United States is dropping due to foreigners disliking the Trump administration's policies. He also warns about the potential negative impacts of President Trump's tariffs by referencing historical events like the Smoot-Hawley tariffs of 1930.

President Donald Trump's Tariff Discussions with Mexico and Canada

President Donald Trump discusses tariffs against Mexico and Canada in an exclusive interview with Fox News, teasing that tariffs could go higher in the future. He argues that the U.S. has been ripped off by globalists and is taking steps to get some of it back.

Scott Bessent's Three Pillars of Trumponomics

Treasury Secretary Scott Bessent outlined three pillars of Trumponomics: revitalizing the private sector, ensuring economic security as part of national security, and reorienting global trade relationships to prioritize American workers.

U.S. Trade Deficit and Foreign Economic Policies

The U.S. trade deficit is not solely caused by Americans overspending, but by foreign economic policies that flood the U.S. with excess savings. Tariffs are seen as a defensive measure to counter these imbalances and protect American economic sovereignty.

Impact of Global Trade War on U.S. Stock Markets

U.S. stock markets plummeted as a new global trade war began, with China, Canada, and Mexico announcing retaliatory measures after President Trump's tariffs took effect. The Dow fell 1.8% and other indices also dropped. Major U.S. automakers and retailers saw their shares plunge due to the escalating trade tensions.

Invasive Joro Spider Spreading in the United States

The Joro spider, an invasive species native to East Asia, is spreading in the United States, particularly in the South and East Coast. While they are brightly colored and intriguing, experts say they pose little risk to humans. The real concern lies with the growing prevalence of invasive species that can harm crops and trees due to global trade and climate change.

Global Emissions Levy for Shipping Industry

The United Nations shipping agency concluded talks in London with majority support for a global emissions levy for the shipping industry, aiming to reduce carbon emissions. The policy is expected to be adopted next year and will help fund a transition to cleaner energy sources.

Conflict in the Red Sea involving Iran-backed Houthis and global response

The conflict in the Red Sea involving Iran-backed Houthis attacking commercial ships in response to Israel's actions in Gaza has led to a coalition led by the U.S. to secure the waterway. China, a major player in global trade, has been notably absent from the coalition due to its focus on economic interests and non-interference policy. Critics see China as a free rider benefiting from the protection provided by the coalition without actively participating in resolving the crisis.

Russia's Crude Oil Sales to India and Shadow Fleet

Russia benefits from increased crude oil sales to India, which then exports to the US, potentially using shadow tankers to evade sanctions. The shadow fleet helps Russia navigate Western sanctions, with India aiding by purchasing Russian crude. The complex trade involves ship-to-ship transfers and intricate routes, impacting global oil trade and geopolitics.