Independent thinking for complex markets and current events
The US goods trade deficit widened by -$22.8 billion, or -27%, in May, to -$105.8 billion, the largest since March 2025. This marks the largest monthly increase since November 2025. US goods exports fell -$11.8 billion, or -5%, to $207.7 billion, the lowest since February, driven by a sharp decline in industrial supplies, particularly energy …
President Donald Trump on Monday declared an emergency aimed at protecting the U.S. food supply and temporarily suspended import duties on certain Moroccan fertilizer products. Under the presidential emergency declaration, phosphate fertilizer imported from Morocco will no longer face tariffs for up to eight months or until the emergency declaration is terminated. “The proclamation declares …
Trump team just dropped a new plan: 10% tariffs on imports from 60 countries. → 10% for Canada, Mexico, EU & UK (the ones trying on forced labor) → 12.5% for China, Brazil, India etc. But don’t worry, coffee, beef, tomatoes & orange juice get a pass so your grocery bill doesn’t explode. Critics calling …
Tariff war mutates into permanent cash grab, bigger bite coming… Consumers get bent over again… Bull Theory @BullTheoryio 🚨TRUMP’S 10% TARIFFS ARE BACK. A U.S. appeals court just blocked the order that would have killed Trump’s 10% tariffs on imports from every country in the world. The tariffs were declared illegal because Trump used the …
Another court just slapped down Trump’s tariff playbook. U.S. President Donald Trump’s 10 per cent global tariffs were declared unlawful by a federal trade court in a fresh blow to the administration’s economic agenda, just months after the U.S. Supreme Court vacated earlier levies he’d imposed. Article content A divided three-judge panel at the U.S. …
ISM manufacturing prices paid index spiked to 84.6 points in April, a 4-year high. Over the last 3 months, prices paid have SKYROCKETED over 20 points, marking one of the biggest spikes in history. Meanwhile, the employment index dropped to 46.4 points, the lowest level in 2026. Employment has now been contracting for 15 months …
The tariff applies to all internal combustion and electric passenger vehicles. Light trucks and SUVs—already at 25% under the “Chicken Tax”—will see additional enforcement of origin rules. Trump announces tariffs on European cars going to 25% next week – claims block 'not complying' with trade deal https://t.co/G5yLqRAR7J pic.twitter.com/pQviq46HHb — New York Post (@nypost) May 1, …
BREAKING: China will eliminate tariffs on all imports from all 53 African countries with which it holds diplomatic ties starting May 1, excluding Eswatini, which maintains ties with Taiwan. pic.twitter.com/cDiIr2Aqx9 — Current Report (@Currentreport1) April 3, 2026
BREAKING:– Trump to impose 100% TARIFF on patented drugs– Trump to impose a 25% TARIFF on Copper, Aluminum and steel derivatives It’s almost as if he wants prices to be as high as possible for the average America. — Brian Krassenstein (@krassenstein) April 2, 2026 Sticking to their guns on the tariffs while there's an …
According to a new poll by financial services company JG Wentworth, conducted in February 2026 and surveying 1,421 U.S. adults, almost half of all personal bankruptcies are due to the cost of living and tariff costs. When asked what contributed most to their bankruptcy, 43.4 percent of respondents cited the cost of living crisis, making …
Pressure is starting to show up in places people do not usually look first, and the numbers behind it suggest households and small businesses are both getting pulled tighter at the same time. Middle class Americans are selling plasma to make ends meet while small businesses are dealing with rising cost pressures tied to tariffs …
An EU Trade War with China? In an expedited procedure, the European Commission recently raised tariffs on ceramic and porcelain products from China. Additional tariff measures are also being considered to protect the European internal market from the Chinese export engine. Is the EU economy now facing a trade war with Beijing, alongside the potential …
🚨 BREAKING 🇺🇸 TRUMP TO URGENTLY IMPOSE "NEW" TARIFFS ON 16 COUNTRIES. THE U.S. JUST OFFICIALLY LAUNCHED A SECTION 301 TRADE INVESTIGATION TO RESTORE 25% TARIFFS. THIS DOESN'T LOOK GOOD FOR MARKETS… pic.twitter.com/KGCwk5ZAfP — 0xNobler (@CryptoNobler) March 12, 2026 On March 11, 2026, the United States Trade Representative (USTR) officially initiated Section 301 investigations into …
U.S. Customs and Border Protection told a Court of International Trade judge on Friday that it is not able to comply with his order to begin refunding reciprocal tariffs imposed last year by President Donald Trump, which the Supreme Court recently ruled are illegal. https://www.cnbc.com/2026/03/06/trump-trade-tariffs-refunds-customs-border-protection.html
FEDEX SUES UNITED STATES TO GET FULL REFUND OF EMERGENCY TARIFFS AFTER SUPREME COURT FOUND PRESIDENT DONALD TRUMP HAD NO AUTHORITY TO IMPOSE THEM, LAWSUIT SAYS — *Walter Bloomberg (@DeItaone) February 23, 2026 Whats based is (most) of these companies have posted stable/ record profits they even raised pricing or brokered better deals to absorb …
Jimmy discusses President Trump’s announcement that the government will be raising global tariffs to 15% as a sort of “end-around” effort after the Supreme Court struck down his earlier tariff authority. Jimmy points out that even conservative justices, including two appointed by Trump, ruled against the previous tariff plan, prompting the administration to pursue a …
Trump's administration is considering new national security tariffs on a half-dozen industries after a Supreme Court decision last week that invalidated many of his second-term levies, per WSJ. The new tariffs, to be issued under Section 232 of the Trade Expansion Act of 1962,… — unusual_whales (@unusual_whales) February 24, 2026 HOUSE SPEAKER MIKE JOHNSON SAID …
🚨 BREAKING US CUSTOMS WILL STOP COLLECTING TRUMP TARIFFS STARTING FEBRUARY 24. THE CHAOS STARTS NOW… pic.twitter.com/ItgUSfteAr — Wimar.X (@DefiWimar) February 23, 2026 Factcheck: Yes, per official U.S. Customs & Border Protection announcement (CSMS #67834313, Feb 22): They will stop collecting the IEEPA-based Trump tariffs (specific EOs on borders, China, Venezuela, reciprocal trade, etc.) at …
🇺🇸 Trump just posted a 500-word rant saying the Supreme Court "accidentally gave me MORE power" He lost the tariff case 6-3. Two of his own appointees voted against him. His response? The Court's ruling actually expanded his authority. He can use "Licenses" to do "terrible… pic.twitter.com/pXSN1dAd1l — Mario Nawfal (@MarioNawfal) February 23, 2026 BESSENT: …
Trade Representative Jamieson Greer on tariffs: "It's not regressive. Most consumption in America is done by the wealthiest people. So the idea it's somehow regressive is just wrong." pic.twitter.com/tL25CBE7zn — unusual_whales (@unusual_whales) February 22, 2026
🚨TRUMP RAISES GLOBAL TARIFF TO 15% Donald Trump announced he will immediately increase the global tariff rate from 10% to 15%, following what he called a flawed and “anti-American” United States Supreme Court decision. He said the move targets countries he accuses of… pic.twitter.com/woHVkzzRMH — *Walter Bloomberg (@DeItaone) February 21, 2026 German chancellor, Friedrich Merz, …
🚨 KEVIN O’LEARY JUST NAILED IT! “There’s nothing wrong with reciprocal tariffs. If a country adds a 10% VAT tax and we don’t call it VAT tax in the US, we’ll just do a 10% tariff, there’s nothing wrong with that.” pic.twitter.com/OxgmjvjWGK — Eric Daugherty (@EricLDaugh) February 20, 2026
Trump has already maxxmogged by finding multiple alternate bases for the tariffs, thereby reclaiming aura and rugging premature celebration by jestergooning Democrats. https://t.co/VzANtlpamB — David Sacks (@DavidSacks) February 20, 2026 President Donald Trump came out to speak to the press from the White House on Friday to express his feelings on the Supreme Court’s Decision …
Also ⬇️ pic.twitter.com/9J5BkHfxrO — Paul A. Szypula 🇺🇸 (@Bubblebathgirl) February 20, 2026
‼️‼️BREAKING: IN 6-3 RULING, SUPREME COURT RULES AGAINST TRUMP’S TARIFFS Roberts For The Majority: Trump's claim of an emergency to issue unbounded tariffs on whoever he feels like flies in the face of decades of law and practice. https://t.co/AhT7J8l8vw pic.twitter.com/QxOc6ybf1l — Maine (@TheMaineWonk) February 20, 2026 🚨BREAKING: U.S. Supreme Court Rules Against President Trump on …
US Supreme Court will decide a ruling on Trump's tariffs at 10am ET today. Only 26% chance that the ruling will be in favour of Trump's tariffs. pic.twitter.com/vY9avcF99I — Ted (@TedPillows) February 20, 2026 The prospect that stocks could rise on a ruling striking the tariffs is frankly absurd as the US would be on …
What will the Supreme Court say about the tariffs that are imposed on America? pic.twitter.com/wshmBM0ieq — MiddleMan (@MiddleManWorld) February 16, 2026
Authored by Mike Shedlock via mishtalk, Let’s compare Trump’s claim to actual trade numbers. US Balance of Trade Goods Only Through November 2025 Key Trade Deficit Points Last year, the goods trade deficit $1.205 trillion. Through November, the trade deficit is $1.134 trillion. There will be no significant change in the trade deficit in 2025 …
House Democrats are planning to force a vote this week on a resolution blocking President Trump’s tariffs on Canada, a House aide told The Hill. Rep. Gregory Meeks (D-N.Y.), the ranking member of the House Foreign Affairs Committee, is the lead sponsor on a resolution that would terminate Trump’s use of a national emergency to …
