Trump: 'We're Screwed' If Supreme Court Rules Against Tariffs
The Supreme Court is set to rule on the authority of President Donald Trump's national security and trade-related tariffs, but Trump warned that U.S. national security would be "screwed" if the tariffs were unwound.
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US Dramatically Reduces Trade Deficit
The U.S. economy managed to drastically reduce its trade deficit in October of last year.
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Scott Bessent: 10% of US Budget Stolen Annually
The U.S. government wastes hundreds of billions of dollars annually, says Treasury Secretary Scott Bessent. In an interview with journalist Christopher Rufo that premiered Sunday, Bessent said federal "waste, fraud, and abuse" totals $300 billion to $600 billion a year.
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US-Taiwan Trade Deal Close, Cutting Tariffs to 15%
The Trump administration is reportedly finalizing a trade agreement with Taiwan that would cut U.S. tariffs on the island's exports to 15% and secure a major expansion of semiconductor manufacturing in the United States.
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New Fed Chair May Not Grant Trump Lower Rates
President Trump may be able to appoint a loyalist to chair the Federal Reserve Board, but that doesn't guarantee he'll get meaningfully lower interest rates.The Fed can only control short-term interest rates, most notably the federal funds rate-the rate banks charge each...
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Past 3 Fed Chairs Decry 'Unprecedented' Assault on Powell
The past three heads of the U.S. Federal Reserve Monday joined with other former federal government economic policy leaders in condemning the Trump administration's criminal probe of Fed Chair Jerome Powell, likening it to the interference with central bank independence.
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