A hub for independent voices and hard truths
We won the last election by complaining about Democrats' policies, which gave us high prices. Tariff lovers will be forced to explain the persistence of high prices…https://t.co/1Tc9HdSEHi — Rand Paul (@RandPaul) February 1, 2025 Out of all the news headlines …
by confoundedinterest17 As expected, the Trump Administration levied tariffs against Canada, Mexico, China, etc. The short-term result? Gold is stable, Bitcoin fell. Or as Gene Autry sang, “South of the Border (Down Mexico Way)”. The stock market? Down -1.53%. And then …
To make America great again one thing we need to do is transition from an income-based tax system to a consumption-based tax system. Tariffs tax consumption. Since you get less of what you tax, tariffs reduce consumption. So, in the …
It’s crazy when you really look at these numbers—Canada slapping such high tariffs on U.S. goods like milk and cheese. And yet, the U.S. is sending them financial aid and covering a large portion of their defense spending. When you …
Bitcoin’s timeline since tariffs began. Why is Bitcoin falling on trade war concerns? byu/IAmNotAnEconomist inFluentInFinance Bitcoin’s about to implode—get ready for the bloodbath. pic.twitter.com/6NZuEx1XKg — Jacob King (@JacobKinge) February 2, 2025
From Grok – **Dairy Products**: – Milk: 270% – Cheese: 245% – Butter: 298% – Yogurt: Included but percentage not specified – Sausages: 69.9% – **Poultry**: – Chicken: 238% – **Agricultural Products**: – Barley seed: 57.8% – Bovine/Meat: 26.5% – …
https://twitter.com/bennyjohnson/status/1885870351512449248
There’s been quite a buzz about potential delays in the 25% tariffs on imports from Canada and Mexico. Some sources have suggested that the tariffs, initially set to go into effect on February 1st, might be postponed until March 1st. …
India to take back 18k citizens residing illegally from US to placate Trump. “Like several other nations, India is working behind the scenes to appease the Trump administration and avoid the brunt of its trade threats. The crackdown on illegal …
TRUMP TO PUTIN: "Let's get this war over with. We can do it the easy way… or the hard way." pic.twitter.com/YFyZBoTiZR — Breaking911 (@Breaking911) January 22, 2025 pic.twitter.com/WpWwDdf7kb 🇺🇸🇺🇦🇷🇺 | Trump says he sees new sanctions against Russia as "likely" …
The downside of Trump backing away from tariffs is that there will not be an offset to the income tax cuts or net spending increases that are coming soon. That means larger budget deficits and higher inflation to finance the …
The last significant trade conflict between the U.S. and Canada was indeed during the Great Depression in the 1930s. The Smoot-Hawley Tariff Act of 1930 led to increased tariffs on thousands of imported goods, which resulted in retaliatory tariffs from …
Tablets and appliances made in China, hybrid cars built in Canada, European wine. As Donald Trump’s second inauguration as president quickly approaches, Americans are stocking up on goods in anticipation of tariffs Trump plans to place on imports, according to …
https://twitter.com/FinanceLancelot/status/1879287185138163932
China has imposed sanctions on 28 major US firms, including Boeing, Lockheed Martin and Raytheon, banning the export of dual-use items to these companies. Beijing says the sanctions aim to “safeguard national security and interests and fulfil international obligations" 🇺🇸🇨🇳 …
DEFICIT: For the first time the CBO is admitting Trump’s tariffs (or threat of tariffs) could cut the deficit by trillions. h/t @WallStreetMav pic.twitter.com/zWbOMhWf2G — @amuse (@amuse) December 20, 2024 The CBO estimates that a uniform increase in tariffs of …
Now that Donald Trump will be the next president once again a lot of people are wondering what’s going to happen to the US economy if he implements a tariff across all imported goods as he said he might. In …
(Bloomberg) — The alarm from economists has been clear for months: Brace yourself. If he delivers on his campaign promises for an aggressive package of new US tariffs, they’ve warned, a re-elected Donald Trump will set the stage for a …
China is “deeply concerned” about Trade War 2.0 as Donald Trump prepares for a return to the White House in January. Trump – who has promised to impose huge taxes on Chinese imports – will return to the presidency as …
BEIJING (AP) — Chinese drinkers may pay more for Remy Martin and other European brandies after the government announced provisional tariffs of 30.6% to 39% on those liquors Tuesday, four days after a majority of European Union countries approved duties …
Key Points The European Union on Friday voted to adopt definitive tariffs on China-made battery electric vehicles (BEVs). “Today, the European Commission’s proposal to impose definitive countervailing duties on imports of battery electric vehicles (BEVs) from China has obtained the …
If enacted, the former president’s threat to smack 100% tariffs on countries that “leave” the U.S. dollar would be a “lose-lose” situation for the U.S. and China, says GROW Investment Group’s Hao Hong. Earlier this year, Trump had floated the …
by Mike Shedlock Conflicting goals often leads to the worst of both outcomes. That’s what’s happening with solar panels and EVs. SunPower Went Bankrupt Despite Huge Subsidies The Wall Street Journal reports Another Green Energy Subsidy Bust The 39-year-old SunPower is …
Working with President Trump, I plan to roll out Tariffs for Terror. Iran is using oil profits to fund terrorism. Sanctions are important but they are either being evaded by Iran or not being enforced by the Biden Administration. That’s why …
Donald Trump discussed the idea of imposing an “all tariff policy” that would ultimately enable the U.S. to get rid of the income tax, sources told CNBC. He also talked about using tariffs to leverage negotiating power over bad actors, …
The European Union on Wednesday said it would impose higher tariffs on Chinese electric vehicles. In a statement, the EU said it is imposing a 38.1% tariff on battery electric vehicle (BEV) producers who did not cooperate with its investigation, …
Joe Biden has just passed numerous tariffs against China. But these tariffs will not help America close the manufacturing gap with China, nor will it stop China’s rise. The real loser in this entire trade war is the American consumer …
WASHINGTON — The Biden administration plans to raise tariffs on electric vehicles and other clean energy goods from China next week, according to people familiar with the matter. The tariff rate on Chinese electric vehicles is set to roughly quadruple …
Don’t Biden supporters constantly say that "tariffs do nothing but hurt American consumers"? So he decides to triple them? Was Trump right? — Big Tom Callahan🇺🇸 (@CallahanAutoCo) April 17, 2024 NEW: US launches probe into ‘unfair’ Chinese shipbuilding practiceshttps://t.co/zlbKs7Tzd0 — …
