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Trade Gap Decreases as Trump Tariffs Change Global Trade

Trade Gap Decreases as Trump Tariffs Change Global Trade

U.S. Trade Deficit Narrows in Fourth Quarter The trade deficit in the U.S. saw a notable reduction in the fourth quarter, hinting that President Trump’s tariffs might be playing a role in adjusting trade dynamics by facilitating U.S. exports abroad and lessening reliance on imports. The average goods deficit for the last quarter dropped to […]

The calculations on tariffs by the New York Fed are not correct.

The calculations on tariffs by the New York Fed are not correct.

Fed Misinterprets ‘Who Covers Tariffs’ “You’re shouldering 90% of President Trump’s tariffs,” Wall Street Journal editorial board stated last week. It’s quite a bold statement. The issue is pretty clear. You, the consumer, are effectively the ones footing the bill. The WSJ editors referenced a recent study by the New York Fed regarding import prices. […]

Tariffs from Trump Boosting U.S. Manufacturing

Tariffs from Trump Boosting U.S. Manufacturing

CEO of T1 Energy Discusses Tariffs and Domestic Investment During a policy forum hosted by Breitbart News, Dan Barceló, CEO of T1 Energy, stated that the combination of tariffs and incentives from the Trump administration is driving domestic investments and boosting competitiveness in U.S. manufacturing. Barceló shared his thoughts at the Breitbart News event, which […]

The states most affected by Trump’s tariffs as campaigns focus on the economy

The states most affected by Trump's tariffs as campaigns focus on the economy

Midterm Elections and Economic Pressures This election season, some of the most competitive states also happen to be facing significant economic challenges. An analysis of U.S. Census trade data indicates that these states are grappling with steep tariff burdens. This situation creates new pressure points, particularly as affordability is a major topic in the national […]

Russia plans to send oil to Cuba despite Trump’s warning on tariffs.

Russia plans to send oil to Cuba despite Trump's warning on tariffs.

Russia is set to send oil to Cuba, claiming it’s “humanitarian aid,” but this move seems to disregard President Trump’s warning that nations aiding the communist government might face hefty US tariffs. This action marks a new challenge for President Vladimir Putin, as he aims to intensify economic pressure on competing governments and sever financial […]

Trump warns Republican lawmakers after six go against him in House vote on Canada tariffs

Trump warns Republican lawmakers after six go against him in House vote on Canada tariffs

On Wednesday, a group of six Republicans in Congress aligned with 213 Democrats to effectively repeal former President Donald Trump’s tariffs on Canada. Even though House Speaker Mike Johnson (R-Louisiana) played down the former president’s anger about this decision, Trump appeared visibly upset on Truth Social, issuing threats against those Republicans he deemed erratic. Background […]