American consumers bearing 55 percent of Trump tariff expenses.
A recent analysis by Goldman Sachs indicates that U.S. consumers will absorb 55% of the costs associated with President Trump’s tariffs this year. This finding has been echoed in several reports. According to the study, U.S. companies and foreign exporters will bear 22% and 18% of the tariffs’ financial burden, respectively. The economists at Goldman […]
Who Is Bearing the Cost of Tariffs? Import Prices Indicate It Is Foreign Producers
U.S. Import Prices Increase Less Than Anticipated According to data released Wednesday by the Bureau of Labor Statistics, U.S. import prices have risen more than analysts initially expected since tariffs were imposed during President Trump’s administration. In June, import prices saw a slight increase of 0.1%. This coincided with a rise in overall consumer prices […]
PPI Reports Indicate U.S. Consumers Are Not Bearing the Cost of the Trump Tariffs
Tarifflation remains elusive If the warnings about tarifflation were valid, we should have seen signs by now. The recent inflation report from April, reflecting consumer sentiment in the US, indicates that President Trump is implementing new tariffs. These tariffs took effect on April 2, imposing a blanket 10% on imports, with even higher rates for […]
Texas homeowner creeped out at doorbell video showing man in red goat mask bearing apocalyptic bible message
Stranger scared A Texas housing owner rang the doorbell while wearing an eerie mask to convey the Bible message. The housing owner talked to KTVT TV about the case, but he was very scared to see the Saturday video, so he avoided identification. 'I'm afraid. I'm afraid to get out of the house. I'm afraid […]
Ancient Egyptian sword bearing symbol of King Ramesses II found during dig
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Linda Ronstadt slams Trump for 'hate show' campaign rally at venue bearing her name
Linda Ronstadt has slammed former President Trump for staging a “hate show” at the venue named after her in Arizona. “Donald Trump is holding a rally on Thursday in a rented hall in my hometown of Tucson. I would love to ignore this sad fact. But since the building has my name on it I […]
Beware of Governments Bearing Gifts
Estimated Reading Time: 4 minutes The title is a “turn of phrase” from when the Greeks provided the Trojans with the gift of a giant wooden horse. Similarly, whenever a government — in this case Biden’s government – appears to give private industry money for a directed purpose, there is a laundry list of caveats. […]
Trump, bearing pizzas, met with cheers at Manhattan FDNY firehouse
Former President Donald Trump was greeted with cheers Thursday when he delivered a pizza to a Manhattan fire station after his day in court. President Trump, 77, arrived at the FDNY’s Engine Co. 8, Rudder Co. 2 in midtown with two boxes of Zenos Pizza in hand around 5:30 p.m. Before his arrival, the campaign […]
NJ business owner Robert Coppotelli wore jacket bearing his name. phone number at Capitol riot: feds
A New Jersey business owner was wearing a jacket with his name and phone number on it when he stormed the U.S. Capitol on January 6, 2021, federal prosecutors said. Robert Copotelli, 27, was arrested Wednesday and charged with four misdemeanor counts of unlawfully entering the Capitol with intent to disrupt Congressional proceedings. He has […]