Trump Approves Order to Eliminate Tariffs on Brazilian Beef, Coffee, and Other Goods
On Thursday, President Donald Trump signed an executive order that eliminates tariffs on Brazilian coffee, beef, and other agricultural imports to the United States. This order removes the previous 40% tariff that had been put in place in late July, during a time when Brazil was labeled a “national security threat” by the Trump administration. […]
Italian pasta imports encounter tariffs while US brands provide delicious substitutes
Homemade pasta can be a delightful experience, suitable for chefs of any skill level, particularly those just starting out. Inspired Taste, a cooking platform, shares recipes for making egg pasta, which can be used for various dishes, including spaghetti and lasagna. With the introduction of new tariffs likely to hike the cost of Italian imports, […]
Trump’s $2,000 tariffs could lead to an annual cost of $600 billion, according to CRFB
Trump’s Tariff Dividend Proposal Faces Financial Scrutiny President Trump has proposed a $2,000 tariff dividend aimed at Americans, but according to a recent analysis by a budget watchdog group, this initiative could come at a significant cost. During a press briefing in the Oval Office, Trump indicated the federal government hopes to distribute the dividend […]
The True Cause of Tariffs Reducing Inflation
How Tariffs Can Lower Inflation Without Hurting the Economy The recent research from the San Francisco Federal Reserve raises an interesting question: why do tariffs impact the economy in seemingly contradictory ways? After analyzing 150 years of data, the researchers found that tariff increases often lead to lower inflation rates and higher unemployment rates. This […]
Using Tariffs for Managing the Economy
Trade policy is the new monetary policy A recent report from the San Francisco Fed highlights a shift towards using tariffs as a macroeconomic strategy, a concept that hasn’t been fully explored by many economists. Research by Regis Barnichon and Ayush Singh, covering 150 years of data from the United States, United Kingdom, and France, […]
Why the Federal Reserve Mismanaged Tariffs
Fed Misled by Tariff Beliefs The Fed spent 2025 focused on the wrong issues. Throughout the year, officials treated President Trump’s tariffs as a serious threat to inflation. They believed the supply shock could drive up prices and make it harder for central banks to manage inflation. When these tariffs were announced, the Fed reacted […]
What will happen to tariff dividend payments if the Supreme Court overturns Trump’s tariffs?
WASHINGTON — President Trump’s proposal for $2,000 checks funded by tariff dividends relies on the government collecting vast sums in import duties. However, there’s a possibility that the Supreme Court might overturn many of these tariffs, forcing the government to repay the funds if it decides against the use of emergency powers for such impositions. […]
Trump commits to dividend payments for Americans funded by tariffs by mid-2026
Trump Promises Tariff-Funded Payments to Americans President Donald Trump announced on Monday that Americans might receive payment checks funded by tariff revenues as soon as next year. He stated that “hundreds of millions of dollars in tariffs” would likely be distributed as dividends by mid-2026. “We’ve received hundreds of millions of dollars in tariffs. We’re […]
Grocer who supports Trump considers closing 43-year-old store because of tariffs: ‘Is that the American dream? I doubt it’
Florida Grocery Store Faces Closure Due to Tariffs A grocery store that has been part of Florida communities for over 40 years could be forced to shut down because of tariffs, according to its owner, who supported President Trump in 2024. John Wong co-founded Wong Kai Imports with his brothers after their family moved from […]
Scott Bessent Shares His Expectations for the Supreme Court’s Decision on Trump’s Authority to Impose Tariffs
Treasury Secretary Expresses Confidence in Supreme Court Ruling on Tariffs On Sunday, Treasury Secretary Scott Bessent shared his optimism with Maria Bartiromo of Fox News regarding the U.S. Supreme Court’s upcoming decision about President Donald Trump’s tariffs. He mentioned that the court usually refrains from intervening in the president’s major policies. The Supreme Court is […]