Trade Deficits and Tariffs

Senator Rand Paul argues that trade deficits with other nations are an economic fallacy and that the only real trade that matters is the individual transactions between buyers and sellers.

Treasury Secretary's Comments on Moody's Credit Rating Downgrade and Tariffs

Treasury Secretary Scott Bessent dismisses Moody's credit rating downgrade as a 'lagging indicator' related to Biden administration's spending policies. He denies pressuring Walmart on tariffs and highlights negotiation leverage on tariffs. Sen. Chris Murphy criticizes Bessent's comments on the credit downgrade, warning of potential negative economic impacts.

Trade War Tariffs and Walmart Price Increases

President Trump criticizes Walmart for planning price increases due to trade war tariffs, demanding they absorb the costs instead of passing them on to customers.

Impact of Tariffs on Walmart and U.S. Consumers

Former Walmart CEO Bill Simon suggests Walmart could absorb tariff impacts as polling shows U.S. consumers, particularly swing voters, fear companies will use tariffs to raise prices. Current CEO Doug McMillon acknowledges higher tariffs will result in higher prices due to narrow retail margins.

Impact of Tariffs on U.S. Consumers

U.S. consumers are increasingly worried about tariffs leading to higher inflation, as shown by a University of Michigan survey. Consumer sentiment has dropped, and inflation expectations have risen. The majority of consumers mentioned tariffs as a concern, impacting their outlook on the economy.

Import Prices in April 2025

Import prices in April rose slightly driven by higher costs for nonfuel goods despite a decline in fuel prices. The Trump administration's tariffs have not significantly deterred U.S. purchases of foreign-made goods. Nonfuel goods prices rose 0.4% in April and 1.2% from a year earlier.

Impact of Tariffs on Inflation

Despite concerns about tariffs leading to inflation, recent data shows that businesses are absorbing the costs rather than passing them on to consumers. Prices have remained stable, with margins contracting and inflation not being fueled by tariffs.

Attorney General Pam Bondi's stock sale in Trump Media

Attorney General Pam Bondi sold at least $1 million worth of shares in the company that owns Truth Social on the same day that President Trump announced sweeping tariff measures. Bondi's stake in Trump Media was worth between $1 million and $5.5 million at the time of the sale.

Consumer Spending Habits in April 2025

American consumers spent more at restaurants, appliance stores, garden and home improvement centers, and home furniture retailers in April. Despite warnings of economic impact from tariffs, spending at dining establishments, appliance stores, and furniture stores saw significant increases compared to the previous year.

Apple's iPhone Production Shift from China to India

President Trump expressed displeasure with Apple's plans to expand iPhone production in India, pushing for increased domestic production. Apple aims to shift production from China to India to mitigate risks from tariffs and geopolitical tensions. Trump's comments indicate a desire for Apple to localize production in the U.S., but challenges exist due to the established supply chain in China. India-made iPhones are primarily assembled by Foxconn and Tata Group, with production capacity increasing in southern India.

Impact of U.S. Tariffs on Walmart Prices

Walmart announces plans to raise prices due to U.S. tariffs on imports from China and other countries, impacting items on store shelves and shoppers' wallets. CEO Doug McMillon hopes for lower taxes on Chinese imports and relief on tariffs for food items like bananas and avocados. Retail sales remain flat as consumers are cautious about spending due to tariff-related price increases.

U.S.-China Trade Relations and Economic Imbalances

The United States and China have agreed to ease tariffs and establish a formal trade consultation mechanism to address structural economic imbalances. The move aims to tackle issues in the international monetary framework, encouraging more balanced capital flows and addressing trade deficits. This new approach reflects a pivot towards addressing systemic flaws in global trade tensions.

Walmart Quarterly Earnings Report

Walmart falls short of quarterly sales estimates due to higher tariffs, but beats earnings expectations. The retailer sees growth in e-commerce business and plans to absorb some of the higher prices from tariffs to keep prices low for consumers.

President Trump's Tariff Diplomacy and Economic Impact

President Trump's tariff diplomacy aims to address economic issues through targeted tariffs and negotiations with other nations. The approach is compared to chemotherapy and radiation, with a caution against overuse. The article emphasizes the importance of evaluating domestic policies to revitalize American manufacturing.

Tom Cruise's 'Mission: Impossible - The Final Reckoning' Premiere at Cannes Film Festival

Tom Cruise's 'Mission: Impossible - The Final Reckoning' premieres at Cannes Film Festival amid speculation about the future of the franchise and the character Ethan Hunt. Simon Pegg credits the franchise with helping him battle depression and alcoholism. Trump's threat of tariffs on foreign movies adds tension to the industry.

Debunking the Impact of President Trump's Tariffs on Consumer Prices

The article debunks the idea that President Donald Trump's tariffs would explode consumer prices. It criticizes Politico for incorrect predictions and highlights the benefits of Trump's tariff strategy.

Impact of President Trump's Tariff Pause on Companies like Temu and Shein

President Trump's tariff pause allows companies like Temu and Shein to restock U.S.-based warehouses and re-evaluate supply chain management due to lowered tariffs on Chinese imports, benefiting U.S. consumers.

Impact of Trump Administration's Tariffs on Consumer Prices

Despite the Trump administration's new tariffs, consumer prices have not been impacted as expected, with the April CPI showing only a minimal increase. Various factors such as inventory, substitution, and domestic supply have likely contributed to the lack of significant price hikes.

78th Cannes Film Festival

The 78th Cannes Film Festival updated its dress code to ban full nudity and voluminous clothing. President Trump's announcement of imposing a 100% tariff on foreign films has caused concern in the global film industry. Robert De Niro received the Palme d'Or award and criticized President Trump during his speech. The festival also saw protests by freelance workers advocating for better working conditions.

US Economy and Inflation

Inflation in the US rose 0.2% in April, slightly below expectations but still above the Federal Reserve's target of 2%. The economy is showing signs of slowing down, with prices leveling out. However, new tariffs on imports are expected to raise costs for businesses, potentially leading to higher inflation in the future.

U.S. Inflation in April

U.S. inflation edged up in April, less than forecast, defying predictions that tariffs would push prices up at a faster rate.

Impact of Tariffs on Champagne Export Market

Champagne-maker Charles Fourny is considering moving away from the U.S. market due to uncertainty around tariffs imposed by President Trump, shifting focus to more stable markets like Brazil. American wine importers are feeling the impact as well.

Current Events in Politics, Law Enforcement, and Media

Trump embarks on Middle East tour, rural America faces new gang threat, ICE agitators face consequences, country considers tariffs on US goods, Sean 'Diddy' Combs' fate, radical nursery rhymes controversy, deadly love triangle unfolds, disinformation targeting Trump official, Biden criticized for 'reckless' actions, DNC voids David Hogg's election, Democrats losing young male voters, Fox News coverage on various topics.

U.S.-China Tariff Cuts and Impact on Christmas Retail Sales

The U.S.-China tariff cuts, even if temporary, address a major pain point for U.S. retailers who heavily rely on Chinese products for the Christmas season. The 90-day window aims to resolve product shortages and prevent a Christmas disaster for retailers.

U.S.-China Trade Negotiations

President Trump may speak with Chinese President Xi Jinping at the end of the week following a key agreement in trade negotiations. The U.S. and China agreed to a 90-day reduction in tariffs, with some exceptions. Discussions were described as friendly and productive, with hopes of resolving larger structural issues.

U.S.-China Trade Truce Analysis by Charles Gasparino

Fox Business reporter Charles Gasparino challenges the idea of celebrating the U.S.-China trade truce, highlighting the consequences of the tariff reduction and the need to depend on markets for financing debt. Gasparino emphasizes that both sides 'blinked' and cautions against viewing it as a major victory for Trump.

US-China Trade War Truce

President Trump's temporary truce with China in the trade war is seen as a capitulation by financial markets, with tariffs reduced temporarily. The uncertainty in trade policies remains, with both countries still having tariffs in place.

U.S.-China Trade Deal

China has agreed to open itself up to American business following trade negotiations with the U.S., resulting in a deal to ease tariffs for 90 days. President Trump sees this as a significant development that will benefit American businesses and create jobs.

U.S.-China Trade Truce

The U.S. and China announced a temporary trade truce, reducing tariffs for an initial 90-day period. Global stock markets are soaring in response to the agreement.

Trade War Pause between Trump Administration and China

The Trump administration and China have agreed to a 90-day pause in their trade war, reducing reciprocal tariffs. The deal was brokered during high-stakes talks in Switzerland.

U.S.-China Trade Deal

U.S. and Chinese officials reach a deal to roll back most tariffs and call a 90-day pause in their trade war for further talks, leading to a positive impact on global markets.

US-China Trade Agreement

The United States and China have agreed to suspend the majority of tariffs in their trade standoff for 90 days while formal negotiations continue. Both countries will reduce reciprocal tariffs to 10 percent from 125 percent and suspend non-tariff countermeasures.

U.S.-China Trade Deal Impact on Treasury Yields

U.S. Treasury yields rose after U.S. and China agreed to reduce tariffs on each other's goods. The 10-year Treasury yield was up nearly 6 basis points to 4.433%, while the 2-year Treasury yield jumped 10 basis points to 3.996%.

Global technology and chip stocks rally after U.S. and China agree to pause tariffs

Global technology and chip stocks rallied after the U.S. and China agreed to pause most tariffs on each other's goods, easing trade tensions and benefiting companies like Nvidia, AMD, Apple, and Amazon.

Impact of President Trump's Tariffs on American Consumers

Americans in various cities express willingness to pay more for American products due to President Trump's tariffs on foreign goods, with some supporting the idea for ethical reasons and others criticizing it for economic competitiveness.

U.S. and China Tariff Reduction Agreement

The U.S. and China have agreed to reduce tariffs on each other's goods, with American levies dropping to a base 30% and Chinese levies to 10% for an initial 90-day period. The negotiations were positive, aiming for balanced trade and addressing fentanyl smuggling. The tariff drops are seen as temporary, with future talks planned.

U.S.-China Trade War Tariff Agreement

The U.S. and China have agreed to a 90-day pause on most tariffs, reducing tariffs on each other's imports. This sent stocks soaring as hopes rise for an easing trade war between the two countries.

Developments in U.S.-China Trade Talks and Geopolitical Tensions

Wall Street stock futures climbed and the dollar firmed against safe haven peers on Monday as signs of progress in U.S.-China trade talks raised hopes that a global recession might be avoided.

Impact of President Trump's Policies on U.S. Film Industry

Disney CFO Hugh Johnston praises President Trump's desire to help the U.S. film industry despite some disagreements on tariffs. The industry's response is mixed with some supporting and others denouncing the tariff idea.

U.S.-China Trade Negotiations

Treasury Secretary Scott Bessent announced substantial progress in trade negotiations between the U.S. and China in Geneva, Switzerland. Both countries are working towards a more fair trade deal.

Governor Gavin Newsom's Advertisement on Fox News

Governor Gavin Newsom of California released a national ad on Fox News criticizing President Trump's tariffs, escalating tensions between the two. Newsom faces a $10 billion budget shortfall and failed to protect the state from wildfires.

The Rubber Duck Museum relocation due to President Trump's tariffs

The Rubber Duck Museum in Washington state is moving to Canada due to declining sales caused by President Trump's tariffs on countries, including Canada and China, affecting Canadian visitors. The museum owners, Neil and Krystal King, plan to relocate to maintain their business and avoid the impact of international diplomacy.

Trade Negotiations between the U.S. and China

President Trump announces progress in trade negotiations with China, but no major breakthrough reported. Talks continue between U.S. officials and Chinese delegation in Switzerland.

U.S.-China Trade Talks in Geneva

U.S. and China officials are meeting in Geneva to discuss trade-related issues, the first face-to-face talks since President Trump imposed new tariffs on Chinese goods. The talks aim to end the trade war that has affected financial markets and caused import disruptions in both countries.

U.S.-China Trade Dispute Talks in Switzerland

U.S. Treasury Secretary and top trade negotiator meet with Chinese officials in Switzerland to de-escalate trade dispute, aiming to reduce tariffs and improve trade relations between the two countries.

Impact of President Trump's Tariffs on Dolls and the Toy Industry

President Donald Trump's tariffs on Chinese goods, including toys like dolls, have sparked a debate on the impact of increased consumer prices and potential shortages. Toy companies are lobbying for a reprieve from high tariff rates to avoid holiday shortages and price hikes. The toy industry, heavily reliant on Chinese imports, faces challenges in production and costs due to the ongoing trade standoff.

Taxation of Pope Leo XIV and Impact of Trump's Tariffs on U.S. Dollar

With the election of Cardinal Robert F. Prevost of Chicago as Pope Leo XIV, tax lawyers wonder if the IRS will try to collect taxes on the Pope's in-kind compensation, but he is likely exempt due to being the head of state of Vatican City. Meanwhile, President Trump's tariffs have caused the U.S. dollar to weaken against major trading partners, with uncertainty around Fed rate cuts and economic reforms impacting global markets.

India-U.S. Trade Negotiations

Indian officials offer reduction in tariffs across the board to ease Trump's tariffs and complete a bilateral trade agreement with the U.S.

Tariffs and Trade Deal Between the U.S. and U.K.

The new trade deal between the United States and the United Kingdom maintains a 10 percent universal tariff on imports to the U.S., which is a tariff hike on American consumers. While American businesses may benefit from lower U.K. tariffs, American consumers will face higher taxes on major imports from the U.K. Overall, the deal appears to favor British consumers over American consumers.

Chinese Response to U.S. Tariffs

China remains defiant in the face of U.S. tariffs, aiming to boost domestic demand to offset the impact. The government is offering incentives to spur consumer spending, including subsidies and rebates. Chinese consumers are adopting a more cautious approach to spending due to economic uncertainties.

Trade Deals

The White House announces more trade deals are coming following a bilateral agreement with the United Kingdom, opening up $5 billion in new access for American producers in U.K. markets.

U.S.-China Trade Relations and Tariffs

President Donald Trump suggests an 80% tariff on Chinese goods, upcoming U.S.-China talks, and trade deal with the United Kingdom. The Trump administration announced tariffs on multiple countries following criticism of unfair trade practices.

California Governor Gavin Newsom's Ad Controversy

California Governor Gavin Newsom released an ad boasting about California's economy and criticizing President Trump's tariffs, but had to replace footage after it was discovered to be from Ukraine and Estonia. Newsom has faced criticism for prioritizing his presidential ambitions over state issues.

Trump's Recent Bizarre Ideas

The article discusses Trump's recent bizarre ideas such as reopening Alcatraz as a prison and imposing a 100% tariff on foreign movies, highlighting the lack of proper vetting and understanding behind these decisions.

Trade Deal Between President Trump and the United Kingdom

President Trump announces trade deal with the United Kingdom while maintaining a 10% baseline tariff against all countries. The U.S. has imposed reciprocal tariffs on U.K. imports, impacting various sectors.

International Automakers Shifting Manufacturing to the United States in Response to Tariffs

International automakers are shifting more manufacturing to the United States, particularly with electric and hybrid models, in response to President Trump's tariff strategy. Companies like Volkswagen, Audi, Honda, Hyundai, Mercedes-Benz, and BMW are planning to manufacture more vehicles in the U.S.

US-China Trade Negotiations

President Trump sets negotiating terms with China, proposing lower tariffs in exchange for increased US imports; talks in Geneva this weekend may not result in a deal.

Critique of President Trump's Administration

The article discusses how President Trump's administration is constantly generating distracting and bizarre ideas, such as reopening Alcatraz as a prison and imposing a 100% tariff on foreign movies, without proper vetting or discussion. The author criticizes these actions as evidence of a lack of judgment and understanding within the administration.

Trade War with China

President Donald Trump indicated he would approve an 80% tariff on China, leaving the path of negotiations to Treasury Secretary Scott Bessent. The administration previously announced a 145% tariff on Chinese goods. Trump urged China to open its market to U.S. products.

Supreme Court Justice David Souter's Death and U.S.-China Trade Talks

Former Supreme Court Justice David Souter dies at 85. President Trump signals a willingness to cut U.S.'s tariff rate on China to 80% ahead of trade talks. Trump's approach to tariffs negotiations remains unwieldy.

U.S.-China Trade Negotiations

President Trump suggests lowering U.S. levies on Chinese goods to 80% ahead of trade negotiations with China in Switzerland. Both countries are expected to de-escalate trade tensions but no immediate trade deal is anticipated. China demands a rollback of U.S. tariffs while U.S. seeks clarity on objectives. Chinese exporters are feeling the impact of American tariffs and China is preparing for an economic stand-off by strengthening its supply chains and trade diplomacy.

Political Check on Executive Overreach

Senator Tim Kaine claims some Republicans have joined him in challenging President Trump's executive overreach and focusing on the economy, cuts to programs like Medicaid, Medicare, and Social Security.

Trade Agreement between U.S. and U.K.

The agreement between the United States and U.K. sets a 10% base tariff rate that is not up for negotiation. Reciprocal tariffs are based on how open the economy is to exports and the trade deficit. The U.K. allowed more services from the U.S. in exchange for help with cars, steel, and aluminum.

Criticism of President Trump's Economic Policies

Al Sharpton criticized President Trump on MSNBC for not delivering on his promises and causing economic issues, leading to potential buyer's remorse among his supporters.

Vice President JD Vance's Response to Criticism and Economic Policies

Vice President JD Vance responds to Joe Biden's criticism of the Trump administration's Russia-Ukraine strategy, discusses economic impact of tariffs, and hints at potential future presidential run in 2028.

Keir Starmer's Trade Deal with Donald Trump

Keir Starmer bragged about a trade deal with Donald Trump, but it was seen as a sellout by many due to last-minute concessions and unfavorable terms for Britain. The deal had mixed outcomes for different industries and raised concerns about the UK's position in negotiations.

Trade Deal Between Trump Administration and United Kingdom

The Trump administration has reached a trade deal with the United Kingdom, opening up $5 billion in market access for American exporters. The deal covers various sectors including agriculture, automobiles, and steel. British-made cars will face a ten percent tariff when imported into the U.S., with relief for British automakers compared to other foreign producers. The U.K. has nationalized British Steel and will follow America's model on steel tariffs and quotas. This deal aims to forge an economic security alignment between the two countries.

Trade Deal Between President Trump and the United Kingdom

President Trump announces trade deal with the United Kingdom, first since imposing massive tariffs globally. Financial sector reacts positively, but political impact crucial as Trump's approval ratings decline. Deal seen as a positive step by some, tied to economy's performance.

Trade Negotiations Between U.S. and China

President Donald Trump stated that China is eager to negotiate a trade deal with the U.S. as Treasury Secretary Scott Bessent prepares to kick off negotiations in Switzerland. The Trump administration announced tariffs for multiple countries, with China responding by raising tariffs on U.S. goods. Discussions between the U.S. and China have not yet started, but Trump expressed the desire for a fair trade deal with China.

President Trump criticizes Federal Reserve chairman Jerome Powell for holding interest rates steady

President Trump criticizes Federal Reserve chairman Jerome Powell for holding interest rates steady, citing low inflation and increased tariffs. The Fed describes economic growth as solid but notes risks of higher unemployment and inflation. Debate surrounds the impact of tariffs on the economy, with some expecting increased prices and others anticipating faster economic growth.

Sen. Bernie Sanders on Tariffs

Sen. Bernie Sanders favors selective tariffs to protect American workers, but criticizes President Trump's broad tariff proposals as raising prices and being arbitrary.

Impact of Tariffs on Port of Los Angeles and Long Beach

Tariffs imposed by the Trump Administration have led to a significant drop in cargo coming into the Port of Los Angeles and Long Beach, affecting the livelihoods of dock workers and businesses connected to the ports.

Prime Minister Mark Carney's Meeting with President Donald Trump

Canadian news outlets and politicians had mixed reactions to Prime Minister Mark Carney's meeting with President Donald Trump, with some optimistic about a possible reset in U.S.-Canadian relations and others disappointed by Carney's performance. Carney's encounter with Trump was more genial than expected, but he faced criticism for not being a strong leader compared to Trump. The meeting did not result in any progress on trade issues or tariffs, and Trump still expressed interest in annexing Canada. Overall, the media and experts viewed Carney as passive and meek in the encounter.

U.S.-China Trade Talks and Ambassador Appointment

Former Georgia Republican Sen. David Perdue sworn in as U.S. ambassador to China amid trade talks between the two nations. President Trump emphasizes Perdue's experience in business and politics. Trump administration has imposed tariffs on Chinese goods to address trade deficit. Treasury Secretary Scott Bessent and U.S. Trade Representative to meet Chinese counterparts for trade discussions.

Federal Reserve's Interest Rate Decision Amid Trade Policy Uncertainty

The Federal Reserve kept its key interest rate unchanged in light of uncertainty surrounding the impact of Trump's trade policies on the economy. The Fed is balancing risks of higher unemployment and inflation, with a focus on maintaining stable prices and full employment.

Criticism of President Donald Trump's Economic Vision

The Dispatch's Kevin Williamson criticized President Donald Trump, calling his economic vision 'classic socialism' and likening it to a 'one big Macy's' approach. Trump's tariff-heavy trade policy has drawn criticism from conservative voices.

U.S.-China Trade War Negotiations

U.S. and Chinese officials to meet in Switzerland to discuss possible resolution to escalating trade war, with hopes for fair trade and potential removal of steep reciprocal tariffs.

US-China Trade Talks

Treasury Secretary Scott Bessent stated that there will be meetings between American and Chinese officials on trade this weekend to discuss de-escalation and setting the agenda for future talks, rather than a big trade deal.

Critique of President Trump's International Relations Approach

Former National Security Advisor John Bolton criticizes President Trump's approach to international relations, stating that world leaders should not equate Trump's opinions with those of the American people.

Impact of President Trump's Tariffs on Mattel's Manufacturing

President Trump's tariffs aim to bring manufacturing back to America, but Mattel's CEO doubts this will happen, citing the importance of overseas production for creating quality products at affordable prices. Mattel has been diversifying its manufacturing to reduce dependence on China, with less than 40% of products sourced from there by the end of the year.

Meeting between Canadian Prime Minister Mark Carney and President Trump at the White House

Canadian Prime Minister Mark Carney asserts that Canada is not for sale after President Trump suggests making Canada the 51st state. Despite Trump listing benefits of ceding sovereignty, Carney holds firm on the matter.

Trump Criticizes California Governor Newsom and Discusses Tariffs on Movies

President Donald Trump criticizes California Governor Gavin Newsom during a meeting with Canadian Prime Minister Mark Carney in the Oval Office. Trump expresses displeasure with Newsom's handling of the high-speed rail project and wildfires in California. He also mentions potential tariffs on foreign-produced movies.

President Trump Considers Tariffs for Foreign Films to Revive Hollywood and U.S. Production

Actor Kirk Cameron discusses President Trump considering tariffs for films made outside America to boost Hollywood and U.S. production. California Democrats offer to collaborate on federal tax incentives. Trump aims to protect national and economic security by bringing movie-making back to the U.S.

President Trump's Proposal to Impose Tariffs on Foreign Movies

President Trump proposes a 100% tariff on foreign movies to revitalize the American movie industry. He plans to meet with Hollywood insiders to negotiate. Democrats in California support bringing movie making back to the U.S. through federal film tax credits. SAG-AFTRA union welcomes dialogue with the president.

President Trump's Comments on Canada and Tariffs

President Donald Trump criticizes Canada and its Prime Minister, Mark Carney, while discussing tariffs and economic relationships. Governors of six northeastern U.S. states invite premiers of six Canadian provinces to discuss impacts of tariffs and reinforce friendship. Trump expresses desire for Canada to become the 51st state.

U.S. International Trade Deficit

The U.S. international trade deficit reached a record high of $140.5 billion in March as companies imported goods ahead of tariffs.

Impact of President Trump's Tariffs on Chinese Imports on Chinese Factory Workers

Protests by factory workers in China demanding back pay are increasing due to President Trump's tariffs on Chinese imports impacting the economy. Chinese industry leaders are anxious about the duties. 16 million jobs are at risk. Workers are facing closures, unpaid wages, and unfair dismissals.

Stock Market Predictions by Paul Tudor Jones

Billionaire hedge-fund manager Paul Tudor Jones predicts stocks will hit new lows even if President Trump eases tariffs on China, citing Fed rate stance. Jones believes macroeconomic conditions will drive stocks lower.

President Trump's Proposed Tariffs on Foreign Movies

Ava DuVernay criticized President Trump's proposed tariffs on foreign movies at the Met Gala. Trump proposed a 100% tariff on foreign movies entering the US to support American movie industry. Trump stated Hollywood has lost its brand as a movie business and wants to meet with Hollywood insiders to work out a deal.

Current events in politics, entertainment, and culture

President Trump and Canadian Prime Minister Mark Carney to meet at the White House amid strained relations. Justice Department seeks to dismiss a case challenging FDA rules on abortion pills. Trump plans 100% tariff on foreign films. Poetry Out Loud competition features 55 high school students. Met Gala celebrates 'Tailoring Black Style.' Booker Prize 2024 winner to be announced.

Teamsters Union Supports Trump's Tariffs on Foreign Films

The Teamsters labor union supports President Trump's move to impose tariffs on films produced overseas, commending it as a step toward reining in outsourcing. The union believes that Hollywood studios have been hollowing out the industry by outsourcing jobs, and they appreciate Trump's support for American workers.

Impact of President Trump's Tariff Policy on American Workers

President Donald Trump's tariff regime promises a new Golden Age for American workers but may result in higher costs for imports, hurting consumers and leading to job losses in industries that heavily rely on exports.

Meeting Between Canadian Prime Minister Mark Carney and President Trump

Canadian Prime Minister Mark Carney meets President Trump at the White House after tensions over tariffs and annexation threats. Carney's center-left Liberal Party won the recent election partly due to concerns about Trump's rhetoric.

Canadian Prime Minister's Visit to White House and Trump Administration's Policies

Canadian Prime Minister Carney to visit White House; Trump administration asks court to dismiss suit restricting access to abortion drug; Trump plans to impose tariffs on movies produced outside U.S.

Impact of President Trump's Tariffs on Consumers

Former Vice President Mike Pence criticizes President Trump's tariffs, stating they hurt consumers by causing inflation and harming the American economy.

New American Economic Policy: Industrial Abundance

The article discusses the new economic policy in America focusing on industrial abundance and reshaping global supply chains by prioritizing American industry over offshoring. It highlights the shift towards manufacturing in the United States, backed by tariffs, tax reform, regulatory discipline, and energy policy.

Stock Market Performance and Political Blame

After taking credit for a surging stock market before his inauguration, Donald Trump blamed his predecessor, Joe Biden, for the market downturn in the following months. Market experts attribute the recent volatility to Trump's tariff policies.

President Trump's potential tariffs on foreign movies and impact on the American film industry

President Trump announces potential 100% tariff on foreign movies to support the American film industry. Hollywood industry facing challenges with overseas production. Actors like Jon Voight appointed as special ambassadors to Hollywood.

Impact of President Trump's Tariffs on China

President Trump's tariffs on China are causing factories to shut down and workers to protest over unpaid wages, as US orders dry up due to the trade war. The tariffs are starting to have a significant impact on the Chinese economy, with protests erupting across the country.

Impact of Trump's Proposed Tariffs on Foreign Films on Hollywood

Hollywood is facing a threat from Donald Trump who plans to impose a 100% tariff on foreign-made films, claiming they are a national security threat. The move could be catastrophic for the UK movie industry and American filmmakers. The policy lacks details and industry insiders are concerned about the impact on the already struggling Hollywood.

White House Considering Tariffs on Foreign-Made Films

The White House is exploring the possibility of imposing tariffs on foreign-made films to 'Make Hollywood Great Again,' although no final decisions have been made. This has caused uncertainty and speculation within the entertainment industry.

President Donald Trump's tariff policy and relationship with Jeff Bezos

President Donald Trump defends tariff policy in an interview with NBC News, mentioning his relationship with Jeff Bezos and how he handles disagreements with CEOs over tariffs.

Tariffs on Foreign Movies

President Trump announces a 100% tariff on foreign movies to boost the American film industry, citing national security concerns and competition from other countries.

Trump Defends Tariff Policy on NBC's 'Meet the Press'

President Trump defends his tariff policy on NBC's 'Meet the Press', claiming it will make America rich. He argues that his policies have led to lower energy prices despite rising costs on other goods.

Impact of President Trump's Tariffs on U.S. Economy

Former Gov. Chris Christie criticizes President Trump's tariffs, stating they have made the U.S. an unreliable partner in the eyes of the world. He warns of potential stagflation due to the economic repercussions of the tariffs.

President Trump's stance on tariffs and the economy

President Trump refuses to drop tariffs on China despite economic struggles, claiming China is getting destroyed and he aims to lower tariffs eventually. He predicts the U.S. will have the greatest economic boom in history.

Public Opinion on Trump's Tariff Policies

Despite concerns from experts, Trump voters in West Virginia, Indiana, and Kentucky remain supportive of his tariff policies, believing in the need for change and seeing Trump as an advocate for working Americans.

President Trump's Economic Policies

President Trump claims credit for the good parts of the current U.S. economy, attributing improvements to his policies and tough stance on trade with China. He criticizes President Biden's handling of the economy and takes responsibility for the impact of his tariffs on the stock market.

Impact of tariffs on the United States economy

President Donald Trump believes that tariffs will make the United States rich, despite concerns about potential price increases and supply shortages.

President Trump's Interview on NBC News

President Trump addresses rumors of seeking a third term, discusses tariffs, immigration, and potential successors to the MAGA movement in an interview with NBC News.

Impact of Trump Administration's Tariffs on Ports

The Trump administration's tariffs are impacting the nation's ports, with the Port of Long Beach experiencing a drop in vessel arrivals and cargo volume, potentially leading to job losses and supply chain disruptions. Uncertainty around tariff numbers is causing importers to wait before placing orders, and there is concern about higher prices and potential shortages of goods.

Impact of Trump's Tariffs on the Economy and Amazon's Response

Economist Steve Moore discusses President Donald Trump’s economic policy and the April jobs report on ‘Fox Report.’ The article highlights the impact of Trump’s reciprocal tariff rates on the stock market and Amazon’s stance on tariffs.

Warren Buffett's Critique of Trump's Trade Policy

Warren Buffett criticizes President Trump's trade policy, stating that trade should not be used as a weapon and protectionist policies could have negative consequences for the U.S. economy. Buffett's comments come after the White House imposed high tariffs on imports, leading to market volatility.

Impact of Trump's Policy Change on Chinese Discount Shopping Websites

Chinese discount shopping website Temu halts shipments from China to the U.S. due to President Trump ending duty-free de minimis treatment on small shipments. This change affects prices and operations for Temu and similar companies.

President Trump's views on the U.S. economy and tariffs

President Trump dismisses worries about a short-term recession, stating the U.S. economy is in a transition period and will do well. He believes tariffs will benefit the economy despite concerns over supply chain issues and higher prices.

Consumers Not Front-Running Tariffs

Consumers did not front-run tariffs, which is seen as a positive for the economy. Retail sales data and household financial situations support this claim. Businesses stocking up on inventory is actually a bullish signal. Overall, consumer spending remains stable and demand is not being pulled forward.

China-U.S. Trade Talks on Tariffs

China may be open to talks with the U.S. on tariffs, presenting a possible off ramp from the ongoing trade war. Both countries have imposed high tariffs on each other, but there is hope for a deal. The U.S. recently ended tariff exemptions on goods from China under $800, which could impact consumers.

Apple's Record Revenue and Trade War Impact

Apple reported record revenue in the March quarter driven by strong demand for iPhones and other devices ahead of potential new U.S. tariffs. Majority of U.S. iPhones will now come from India, while iPads and other devices will be imported from Vietnam.

China-US Trade War Negotiations

China is evaluating an offer from the U.S. to hold talks on tariffs, signaling a potential de-escalation of the trade war between the two countries. The Chinese Commerce Ministry warned against coercion and extortion in negotiations.

May Day Demonstrations Worldwide

May Day demonstrations took place worldwide, with protests against President Trump's policies, labor rights, and immigration crackdowns. Demonstrations in various countries highlighted concerns over tariffs, labor protections, and global economic impact.

U.S.-China Trade Relations

China is assessing the situation after overtures from the U.S. for trade talks, but insists on sincerity and correction of tariff actions. Trade relations are strained with high tariffs on both sides, causing a slowdown in trade and economic impact.

Impact of GDP contraction on US economy due to import surge

The recent GDP contraction in the US was not due to collapsing consumer demand but rather a flood of imports driven by businesses front-running tariffs. This front-running is seen as a positive sign for future sales and economic growth.

Major Investments in the United States

The White House has launched a website tracking major investments into the United States since President Trump's return to office, with companies like Apple, Nvidia, and IBM committing billions. Trump predicts investments exceeding $8 trillion in two months, attributing the influx to his tariffs, deregulation policies, and tax cuts.

Impact of Trump Administration's Tariffs on Chinatowns

Chinatowns across the nation are vibrant cultural and economic centers for Asian Americans, tourists, and residents. This article explores how they are faring with the Trump administration's steep tariffs.

Reviving the Domestic Logging Industry

Tariffs on foreign timber and an executive order suspending environmental regulations may revive the domestic logging industry, but the economic feasibility of forest exploitation remains uncertain.

Impact of President Trump's Tariffs on Car Prices

Americans are rushing to buy cars amid worries about President Trump's tariffs potentially increasing car prices. New vehicle sales have been on the rise, particularly since the announcement of upcoming auto tariffs. President Trump's tariff strategy aims to incentivize domestic car production.

Trade & Tariffs

Republican Sen. Rand Paul expresses dissatisfaction with U.S. Trade Representative's strategy and his colleagues' behavior during a meeting about trade and tariffs.

Tech CEOs' Relationship with Trump

In the first 100 days of Trump's second term, tech CEOs who initially supported him have faced financial losses and challenges due to his policies and economic agenda.

Senate Vote on President Trump's Tariffs

Vice President JD Vance cast a tie-breaking vote to block efforts to stop President Trump's tariffs after three Republicans sided with Democrats. The resolution failed 49-49 due to absent senators, with McConnell expected to vote against tariffs.

May Day Rallies and Labor Protests Against Trump's Policies

May Day rallies across continents focus on labor rights, with many protesting U.S. President Donald Trump's policies, tariffs, and global influence. Demonstrations in various countries highlight concerns over economic turmoil, labor protections, immigration crackdowns, and anti-right-wing politics.

Nicaraguan Communist Dictator Daniel Ortega Accuses President Trump of 'Crimes Against Humanity'

Nicaraguan communist dictator Daniel Ortega accuses President Trump of committing 'crimes against humanity' through deportation of illegal migrants and criticizes Trump's tariff policies. Ortega broke his silence on Trump during an event commemorating the 13th anniversary of Tomás Borge's death. Ortega also ranted against U.S. sanctions and promised to defend peace at all costs.

Trade Wars, International Relations, Economy

The U.S. economy is shrinking due to Trump's tariffs, fears of recession rise. Ukraine and U.S. sign minerals deal. Tensions escalate between India and Pakistan after militant attack.

Trade War between China and the United States

China rejects negotiations with the U.S. on tariffs, comparing it to drinking poison to quench thirst. President Trump imposed tariffs on countries, including China, leading to increased tensions. China calls for unity against American tariffs and warns of countermeasures for countries seeking deals with the U.S.

Trump's Campaign Promises and Actions in First 100 Days of Second Term

This article discusses Trump's campaign promises and actions during his first 100 days in office, including tariffs on foreign goods, efforts to end the war in Ukraine, immigration policies, deportation programs, and changes to birthright citizenship. It also covers the impact on the stock market, prices of goods, and inflation rates.

President Trump's Economic Policies and Trade Negotiations

President Trump's poll numbers on the economy have fallen as his administration continues trade negotiations on his wide-ranging reciprocal tariffs approach. Approximately 55% of Americans think Trump’s policies have worsened economic conditions, with concerns about the cost of living and potential recession. Most Americans believe Trump's tariffs will hurt the economy in both the short and long term. The administration is working on tax cuts and deregulation to address market disturbances.

Canadian Federal Election Results

Canadian Conservative Leader Pierre Poilievre loses parliamentary seat to Liberal candidate Bruce Fanjoy in a stunning defeat. Prime Minister Mark Carney reacts to the election win. Carney criticizes U.S. President Trump's tariff policies in victory speech.

Amazon's Consideration of Displaying Import Charges on Ultra-Discount Items

Amazon considered displaying import charges on ultra-discount items sold on its Amazon Haul platform in response to changes in trade policies, but the plan was never approved. The White House criticized the initial reports of this plan as a 'hostile and political act.'

Economic Confidence in the U.S.

Americans' confidence in the economy has slumped to the lowest level since the onset of the COVID-19 pandemic due to anxiety over tariffs. Consumers expect hiring to slow and are worried about a potential recession. The decline in confidence may lead to reduced spending and slower growth.

White House vs. Amazon over Tariffs Display

The White House criticized Amazon for planning to display the cost of President Trump's tariffs on its site. Amazon will show how much of an item's cost comes from tariffs. This move has led to a drop in Amazon's stock price.

Impact of President Trump's Tariffs on Shipments from China to the U.S.

Shipments from China to the west coast of the U.S. are expected to plummet by over 35% next week due to President Trump's tariffs, leading to major American retailers stopping shipments from China. This will result in fewer goods, canceled arriving ships, and potential impact on store shelves and prices.

Impact of Tariffs on Small Businesses in the U.S.

Small businesses in the U.S. are struggling due to increased tariffs on goods from China, causing major disruptions and financial strain. Owners are facing dwindling inventory, canceled orders, and potential insolvency. The ongoing trade war is impacting various industries, including game makers, home decor shops, tea shops, and manufacturers of vehicle seat covers.

Amazon displaying tariff impact on product prices

Amazon Inc. may soon display the added value due to President Trump's tariff impositions on products in its online store. The move is seen as a way to inform customers that cost rises are due to the Trump White House, not Amazon. The response has been mixed, with some criticizing Amazon's plan as a political act.

Impact of Trump Administration Tariffs on U.S. Economy

Tariffs imposed by the Trump administration could lead to a recession in the U.S. this summer, with potential shortages in stores and economic impacts on businesses. Despite some pauses in tariffs, the situation remains tense with China. While some predict a recession, others believe in a 'detox period' for the economy.

President Trump's Second Term

This article discusses President Trump's second term, focusing on his first 100 days, executive orders, legislation, approval ratings, pardons, actions on immigration and tariffs, as well as his efforts to streamline the federal workforce.

Trump Administration's Actions in 2025

Discussion on Trump administration's efforts on illegal immigration and first 100 days of second term. Includes mass deportation, tariffs, education department overhaul, and peace negotiations with Ukraine.

Impact of Trump's tariffs on his presidency

CNN commentator David Axelrod believes President Trump's tariffs will be detrimental to his presidency, comparing it to Biden's struggles after the Afghanistan withdrawal.

Canadian Election influenced by U.S. President Trump

Canadian voters back Prime Minister Mark Carney's Liberal Party in an election strongly influenced by U.S. President Donald Trump. Carney vows to stand up for Canada and rejects Trump's attempts to make Canada the 51st U.S. state. The election was centered around issues of Trump's policies towards Canada.

Trump Administration Tariffs on Automakers

President Trump is giving automakers a break on some tariffs to prevent stacking up on imports of foreign cars, aiming to support domestic manufacturers and provide time for investments in domestic plants.

US-China Trade Relations

Treasury Secretary Scott Bessent stated that China needs to de-escalate their trading policy with the Trump administration. Talks between the two countries are ongoing, with a focus on resolving the trade imbalance.

Impeachment Articles Against President Trump and Policy Actions

Rep. Shri Thanedar introduces articles of impeachment against President Donald Trump, accusing him of obstruction of justice, abuse of trade powers, and tyranny. The impeachment resolution includes various allegations. President Trump has taken actions on illegal immigration and trade relations, facing backlash from Democrats and making significant policy changes. The FBI arrested a left-wing judge for allegedly helping an illegal migrant escape arrest. Trump's administration has imposed tariffs and engaged in trade negotiations with China.

US-China Trade War Phone Call Dispute

Chinese leader Xi Jinping has not spoken to US President Donald Trump recently, contradicting Trump's claim of a phone call. The two countries are not engaged in talks to resolve their tariff war.

President Trump's Second Term Performance and Poll Numbers

President Trump discusses his job performance, executive orders, and poll numbers in his second term. Polls show mixed opinions, with a significant partisan divide. Trump's approval ratings on the economy and handling of inflation and tariffs are low. Historical data compares Trump's approval ratings with past presidents.

Impact of Tariffs and Federal Funding Cuts on US Social Safety Net

The article discusses how federal funding cuts and tariffs could weaken the US social safety net, leading to higher costs and fewer resources for Americans. Programs like Medicaid and SNAP might face cutbacks, potentially creating devastating financial effects for families.

Trump Administration's Potential Income Tax Changes

President Trump is considering changing the income tax withholding system to potentially eliminate income taxes for some individuals due to tariffs. He believes the revenue from tariffs will allow for significant tax cuts, potentially even eliminating income tax altogether for certain income brackets.

Canadian Election

The Canadian election was turned upside down by Donald Trump's tariff policy, leading to a surge in support for Liberal Party leader Mark Carney over Conservative Party leader Pierre Poilievre. The election is largely focused on who can stand up to Trump, with Carney's experience seen as an asset in this regard.

Impact of Trump administration's tariffs on Chinatowns in the U.S.

Chinatowns in the U.S. are facing challenges due to the Trump administration's steep tariffs.

Impact of U.S. President's Tariffs on Canadian Politics

The article discusses the impact of U.S. President's tariffs and insults on alliances, focusing on the Canadian federal election and the strategies of the Conservative and Liberal parties. It highlights the shift in Canadian politics towards a two-party system similar to the U.S. due to Trump's influence, and the concerns about Canada's relationship with the U.S. post-election.

U.S.-China Trade Relations

Secretary of State Marco Rubio praised President Trump for standing up to China's unfair trade practices, highlighting the imbalance in trade between the U.S. and China.

Increased Use of Buy Now, Pay Later Loans for Groceries

A growing number of Americans are using buy now, pay later loans to buy groceries, with more people paying those bills late, indicating financial strain due to an uncertain economy, persistent inflation, high interest rates, and concerns around tariffs.

President Donald Trump's Tariff Policies

President Donald Trump's recent signals to cool down the tariff fight have been cautiously praised by The Washington Post editorial board, highlighting potential turnaround on tariffs and economic policies.

Fentanyl Crisis and U.S.-China Relations

Chinese Foreign Ministry spokesman Guo Jiakun insists that fentanyl is the U.S.'s problem, not China's, leading to tensions between the two countries. The U.S. accuses China of not taking enough action to curb the production and supply of fentanyl chemicals, while China argues that the responsibility lies with the U.S.

Impact of President Trump's Tariffs on Trade Negotiations

Legendary economist Art Laffer expresses fear over President Trump's tariffs but remains hopeful that trade deals will be secured to reduce them. Laffer believes protectionism leads to economic downturns and urges for reduction of tariffs. Despite concerns, Laffer praises Trump as a great negotiator and the best president of his lifetime.

World Bank president's advice on trade deals and development priorities

World Bank president advises developing countries to strike trade deals with the United States quickly, focuses on cutting trade barriers and boosting regional flows of goods. Addressing criticism on China's developing country status, aiming to reduce borrowing from the World Bank. Prioritizing job creation, electricity connectivity, and energy strategy in sub-Saharan Africa.

Trump Administration and Poll Results

The New York Times/Siena College poll shows that voters have doubts about President Trump's second term in office, with concerns about his aggressive use of executive power, chaotic leadership, and handling of key issues like the economy and immigration.

Impact of Trump's Tariffs on China on U.S. Retailers

U.S. retailers warn of empty store shelves and supply chain issues if Trump's tariffs on China remain high, leading to canceled shipments and uncertain holiday season. Small businesses face financial strain due to high tariff fees.

Impact of President Trump's tariffs on smartphone prices

President Trump's tariffs may impact smartphone prices, with major carriers indicating they may pass on the increased costs to consumers. The exemption on smartphones from tariffs could be temporary, potentially leading to higher prices for iPhone models.

Canadian Federal Election 2025

National polls in Canada show the Liberal Party holding a slim lead against the Conservative Party, with the election scheduled for April 28. The campaign focus includes Trump's threats to annex Canada and the imposition of tariffs. Mark Carney leads the Liberals, while Pierre Poilievre leads the Conservatives. The Liberals are favored to win the most seats.

Consumer Sentiment in April 2025

Consumer sentiment improved slightly in late April but remained low due to concerns over inflation, tariffs, and a drop in confidence among Democrats. Expectations for the economy declined sharply, with Democrats reporting the lowest sentiment levels ever recorded in the survey's history.

Impact of President Trump's Tariffs on China on U.S. Retailers

U.S. retailers are warning of potential empty store shelves and supply chain disruptions due to President Trump's tariffs on China. Companies are canceling orders and shipments from China, leading to a decrease in imports. The tariffs could result in higher prices for consumers and a limited selection of goods.

Impact of US-China Trade War on US Retailers

As imports from China decrease due to the US-China trade war, US retailers are facing a choice between paying tariffs or dealing with shortages on shelves. Retail giants like Walmart, Target, and Home Depot are among the most affected, with potential disruptions to the supply chain and rising costs. The uncertainty surrounding the trade war is causing companies to cancel orders and shipping voyages, leading to a drop in container traffic and increased blank sailings.

Critique of President Trump's Second Term by Rich Lowry

Rich Lowry, editor-in-chief of National Review, criticizes President Trump for the negative shift in his second term, attributing it to his imposition of tariffs. Lowry suggests that Trump's administration went from a positive to negative momentum quickly and decisively.

Trade Tariff Deals Between Trump Administration and Wall Street Executives

President Trump's administration is privately discussing trade tariff deals with Wall Street executives, potentially reaching an agreement in principle with India which could serve as a template for deals with Japan and other countries, causing market uncertainty.

Apple shifting iPhone assembly from China to India for U.S. market

Apple plans to shift all iPhone assembly for the U.S. market from China to India by 2026 due to trade war pressures. This move accelerates Apple's supply chain diversification strategy and requires significant production ramp-up in India.

Impact of Tariffs on U.S. Consumer Goods

Major consumer conglomerates are cutting financial forecasts due to the impact of tariffs on Chinese goods and global imports. Companies like PepsiCo, Kimberly-Clark, and Procter & Gamble are warning of lower sales and profits. Consumer sentiment is declining, with concerns about the future of the U.S. economy and rising inflation. Retail sales saw a jump in March driven by pre-tariff purchases.

US-China Trade Relations

President Trump hints at cutting China tariffs substantially but does not confirm direct communication with Chinese President Xi Jinping. Conflicting reports between the two countries regarding ongoing negotiations and trade deals.

US-China Trade Negotiations

President Trump claims that Chinese dictator Xi Jinping called him to discuss trade negotiations, despite Chinese government denying any such communication. The two countries are engaged in a trade conflict with escalating tariffs and tough rhetoric from both sides.

Trade War Between China and the U.S.

China has nicknamed President Donald Trump as “The Lord of Eternal Tariffs” due to the tariffs imposed on Beijing and other U.S. trading partners, leading to online jokes and memes. China and the U.S. are at an impasse over tariff levels, with China promoting the perception that it has the upper hand over Trump.

Switzerland's Negotiations with the United States on Tariffs

Switzerland is among 15 countries with which the United States plans to conduct privileged negotiations in the wake of sweeping U.S. tariffs. The Swiss president expressed satisfaction with talks in Washington and highlighted the importance of finding a quick solution in the tariff question.

Trump administration's tariff policies

Author Carol Roth criticizes Trump administration's tariff policies, pointing out lack of cohesive messaging and suggesting a different approach to punishing China.

Impact of President Trump's Tariffs on the US Economy

President Trump's tariffs are causing a significant shift in the US economy, compelling businesses to restructure and invest domestically rather than rely on foreign suppliers. Critics argue that tariffs will stifle innovation, but evidence suggests otherwise.

U.S. Durable Goods Orders

Durable goods orders in the U.S. surged by 9.2% in March, far exceeding expectations, with a significant increase in transportation equipment orders. Core capital goods orders rose by just 0.1%, indicating slower growth than anticipated. Analysts suggest the surge in orders may be due to front-loading ahead of tariff announcements.

U.S.-China Trade Relations

President Donald Trump expresses hope for reaching a new trade agreement with China, despite conflicting statements from both sides regarding negotiations and tariffs.

Critique of President Trump's Economic Policies

Citadel CEO Ken Griffin criticizes President Trump's tactics, saying they are making Americans poorer and tarnishing the reputation of US assets. Griffin expresses concern about the impact on the US economy and international relations.

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.

President Trump's changing tone on tariffs with China

President Trump is changing his tone on tariffs with China, suggesting that rates will decrease substantially, though it is unclear if this reflects an actual policy change.

U.S.-China Trade War Dispute

China contradicts President Trump's claims of active discussions to resolve the trade war, stating that no negotiations have taken place. Tariffs between the two countries remain high, raising fears of a global recession. Mixed messaging from both sides continues to impact markets and trade relations.

Challenges faced by DigiKey due to tariffs on Chinese goods

DigiKey, a major marketplace for electronic components, faces challenges due to tariffs on Chinese goods, impacting their operations and employees in Thief River Falls, Minn.

Trump Administration Policies

Trump changes tone on tariffs with China, White House pressures Ukraine on U.S.-backed peace deal, Trump signs executive actions on education.

U.S.-China Trade Relations

Treasury Secretary Scott Bessent delivers a speech calling for China to reform its economic system, emphasizing the need for rebalancing and the end of over-reliance on exports. The U.S. is maintaining tariffs until reform begins and is considering broader factors in its China policy.

Impact of President Trump's Tariffs on Canada's Lobster Industry

President Trump's tariffs have impacted Canada's lobster industry, causing worry and uncertainty among fishermen and lobster companies. The threat of tariffs and the fallout with the U.S. is affecting the country's economy and politics on the eve of a federal election.

Impact of Tariffs on Canada

The article discusses the wide-ranging impacts of tariffs on Canada, affecting Canadian identity, politics, and the economy, even impacting small businesses in Nova Scotia.

Trump's False Claims on Tariff Revenue

President Trump falsely claims the U.S. is making billions of dollars a day from tariffs and compares it to losses under President Biden. Economists say the numbers are exaggerated and not based on reality.

Impact of President Trump's Tariffs on Federal Revenue

White House trade adviser Peter Navarro claimed that tariffs announced by President Trump could raise between roughly $2 trillion and more than $4 trillion in federal revenue over a 10-year period. However, multiple economic analyses project that the tariffs will reduce the after-tax income of households by potentially thousands of dollars a year, on average. Navarro's revenue projection is considered exaggerated by independent analyses.

Meeting between President Trump and Israeli Prime Minister Benjamin Netanyahu

President Trump meets with Israeli Prime Minister Benjamin Netanyahu amidst global concern over Trump's tariffs.

President Trump's Tariffs and Trade Negotiations

President Trump is not looking to pause tariffs despite stock market turmoil and global economic fears. He believes negotiations can lead to fair deals and substantial tariffs. Market turbulence has followed his announcement last week of sweeping global tariffs.

US Stock Market Reaction to Trump's Tariffs

US stocks seesawed as investors reacted to rumors of a 90-day pause on tariffs, which were quickly denied by the White House. The uncertainty surrounding Trump's trade policy led to significant market swings.

Trade Tariffs and Market Instability

The article discusses the rational case for resetting trade and the chaotic implementation of tariffs by the Trump administration, leading to market instability.

Impact of President Trump's Tariffs on Retirement Savings and Stock Market

Newsmax host expresses shock at effects of President Trump's tariffs on retirement savings, former Sen. Rick Santorum discusses impact on 401(k)s of different age groups, Trump's bold move on negotiations with foreign countries, stock market losses, and international trade deals.

Impact of Trump Administration's Tariffs on Potential Recession

The Trump administration's new tariffs on imported goods have sparked concerns about a potential recession in the U.S. and globally, prompting increased odds of a recession as per economists at investment banks. The National Bureau of Economic Research (NBER) determines recessions and defines them as a significant decline in economic activity lasting more than a few months.

Trade War between U.S. and China

President Trump threatens China with additional 50% tariffs in response to retaliatory tariffs. U.S. free trade with China has led to a significant trade deficit and job losses.