The Tariff Madness Isn’t Over
(NA) When Donald Trump paused lots of his terrible "Liberation Day" tariffs yesterday, there was some comprehensible reduction. Some even appear to imagine the tariff disaster is over. For instance, Democratic Senate Chief Charles Schumer, posted on Bluesky that "Historical past will keep in mind April 9, 2025 as America's precise liberation day—the day that President Trump backed down from his ridiculous tariff fiasco." However any celebration is untimely. The…
Tariffs failed in the Middle East—America shouldn’t make the same mistake
When financial nervousness strikes, protectionist politicians attain for a similar dusty playbook: Slap tariffs on imports, invoke the nationwide curiosity, and promise that "native industries" will rise like a phoenix from the ashes of the markets the federal government simply torched. The method sounds pragmatic—even patriotic—however in follow, particularly within the Center East, it has been a spectacular failure. America shouldn't observe the identical dead-end street. Take Egypt: In 2016,…
Trump’s car tariffs could drive Slovakia into Russia’s arms
On March 26, President Donald Trump introduced that the US would levy a 25 percent tariff on all vehicles assembled in international nations, starting on April 2. He additional introduced that the tariff can be prolonged in Could to incorporate key parts utilized in home manufacturing, reminiscent of engines, transmissions, and batteries. Whereas nations like Japan, South Korea, and Germany are apparent allies which are negatively affected by the tariffs,…
Trump Partially Pauses “Liberation Day” Tariffs
President Donald Trump signed two govt orders on April 2 instituting tariffs on a variety of nations. ( Andrew Leyden/ZUMAPRESS/Newscom) Right this moment, Donald Trump partially paused his large new "Liberation Day" tariffs. Nevertheless, a whopping 10% tariff on practically each nation on this planet remains to be going into impact instantly, together with an infinite improve on tariffs for Chinese language items (as much as 125%). And the extra…
Los Angeles drags its feet on permitting post-wildfire rebuilding
Blissful Tuesday and welcome to a different version of Hire Free. This week's tales embrace: The devastating unintended penalties of Los Angeles' "mansion tax" on industrial and multifamily housing improvement. The devastating (probably meant) penalties of the White Home's new tariffs on homebuilders. However first, our lead story on the gradual progress of rebuilding efforts in fire-stricken Los Angeles. Sluggish and Regular Monday marked the three-month anniversary of the outbreak…
Elon Musk says Peter Navarro is ‘dumber than a sack of bricks’
Think about an alternate actuality the place President Donald Trump's prime commerce adviser was a bulging Hefty trash bag filled with discarded bricks. No, actually. Image it. When Trump gathers his cupboard collectively for an necessary assembly, inexplicably, there's a massive bag sitting within the nook of the room. Its black polyethylene sides stretch at awkward angles because it tries to include the sharp edges of what seem like dozens…
Trump’s tariffs are making tabletop gaming more expensive
On Saturday, a 34 % tariff on Chinese language merchandise went into impact, bringing the overall tax price on Chinese language imports to 54 %. But President Donald Trump's commerce struggle may be simply starting: On Monday, the president threatened to levy a further 50 % responsibility on China. These further charges will make Trump's already dangerous commerce struggle even worse. The tabletop gaming business, which makes board video games,…
Trump’s tariffs violate the constitutional separation of powers
President Donald Trump has unilaterally imposed tariffs on a lot of the world. But the authority to impose tariffs is nowhere to be present in Article II of the Structure, which is the place the restricted powers of the president are enumerated. Somewhat, the authority "to put and acquire Taxes, Duties, Imposts and Excises," in addition to the authority "to manage Commerce with International nations," is to be discovered solely…
The Trump administration should focus on deregulation, not tariffs
President Donald Trump's justifications for tariffs maintain shifting—one second they're to cut the flow of illegal drugs and immigrants, the following, they're to bolster American businesses and jobs. However the argument that appears to resonate most with the general public is that they are going to end in a stronger and extra aggressive U.S. financial system. Economists aren't satisfied, to place it mildly. The actual fact is that American authorities…
Trump is making affordable goods like Temu and Shein expensive
Low-cost Chinese language items are about to get pricier. On Wednesday, President Donald Trump introduced the elimination of the de minimis exemption for low-value ($800 and cheaper) Chinese language imports. Along with a 34 p.c "reciprocal tariff" on Chinese language imports and the ten p.c obligation utilized to all imports per Trump's executive order on regulating imports, the president signed another order guaranteeing that no Chinese language imports escape tariffs.…
