Trump tariffs, tax cuts and interest rates likely to fuel inflation, Wall Street and economists agree Former President Donald Trump is building a second-term economic agenda that analysts say could reheat the very inflation that he has slammed President Joe Biden for creating. 05/1/2024 - 1:52 am | View Link
Biden wants to hike tariffs on Chinese steel as U.S. election looms As November draws closer, President Biden is calling for tripling tariffs on Chinese steel and protections for the U.S. industry. 04/17/2024 - 9:48 am | View Link
Biden says he'll urge U.S. trade rep to consider tripling tariffs on Chinese steel and aluminum imports Speaking at the U.S. Steelworkers headquarters in Pittsburgh Wednesday, President Joe Biden said he'd ask the U.S. trade representative to consider tripling of tariffs on Chinese steel and aluminum ... 04/17/2024 - 8:48 am | View Link
Why Biden wants to raise tariffs on Chinese steel President Biden called for tripling the tariff rate on steel and aluminum imports from China Monday, a move that reflects simmering geopolitical tensions with the world’s top steel producer as well as ... 04/17/2024 - 8:04 am | View Link
I.M.F. Sees Steady Growth but Warns of Rising Protectionism The International Monetary Fund offered an upbeat economic outlook but said that new trade barriers and escalating wars could worsen inflation. 04/16/2024 - 6:34 am | View Link
“After flailing around for months unable to unite on anything, House Republicans finally think they’ve found an issue they agree on — countering the scourge of antisemitism on college campuses nationwide,” Punchbowl News reports.
“With 187 days until Election Day, a legislative cupboard that’s all but bare, a presidential impeachment inquiry that’s going nowhere and a speaker who has struggled to generate any discernible level of excitement, the anti-Jewish sentiment that’s spilled out at universities from coast to coast during Gaza war protests offers what Republicans believe is a compelling plot line during the closing months of the 118th Congress.”
“Attempts to suppress pro-Palestinian demonstrations at Columbia and other colleges in recent weeks have instead lit a fuse nationwide, as students at public universities from Austin to Los Angeles have set up tents, defied police orders to vacate and even occupied academic buildings as they protest Israel’s war in Gaza,” Politico reports.
“Despite lagging some 30 points behind President Joe Biden in the latest polls, independent candidate Robert F. Kennedy Jr. convened national media on Wednesday to make an audacious claim: It’s Biden who should drop out of the race to stop former President Donald Trump from reclaiming the White House,” Politico reports.
Said Kennedy: “We only have one chance to beat Donald Trump, and we need a nominee who can get the job done.
“Senate Republicans are six months away from their most favorable Election Day map in a decade, with pickup opportunities in at least a half-dozen states — including sapphire-blue Maryland,” Politico reports.
“Mitch McConnell isn’t predicting a red wave ahead, though. There’s a reason for that.”
“The minority leader is clearly wary of his party overextending itself despite the advantageous conditions after the twin debacles of 2020 and 2022, when former President Donald Trump’s embrace of flawed GOP nominees contributed to surprising Democratic wins.“
“Donald Trump faces the prospect of additional sanctions in his hush money trial as he returns to court Thursday for another contempt hearing followed by testimony from a lawyer who represented two women who have said they had sexual encounters with the former president,” the AP reports.
“Prosecutors are seeking $1,000 fines for each of four comments by Trump that they say violated a judge’s gag order barring him from attacking witnesses, jurors and others closely connected to the case.