July Tariff Revenues Generate a Meager One-Fourth of Deficit Spending Increase
Despite year-over-year revenue from import duties growing 252% compared to July of last year, government inlays were dwarfed by…
Tag: Trade
Court Rules Most Trump Tariffs Are Illegal: Administration Braces for SCOTUS Appeal
An appeals court has ruled 7-4 that President Trump’s use of tariffs is illegal, and supplants the traditional role…
Huge Jump in Producer Prices Point to Tariffs Beginning to Weigh on American Businesses
The July Producer Price Index (PPI) report printed an eye-catching 0.9% month-over-month increase, the largest such increase recorded in…
Japan’s Trade Deal with the US Draws Fire Over Lack of Documentation
Japan’s decision to move forward on a major tariff agreement with the United States without issuing a formal, written…
Cambodia, Indonesia Closing in on Deals with US, but Malaysia in No Rush
Announced frameworks between the US and Southeast Asian nations seem to be materializing, alleviating fears that the high tariff…
Yemen Renews Attacks on Israel-Linked Shipping, Prompting Threats from US of More Bombing
On Sunday and Wednesday, the controlling authorities in Yemen—known as Ansar Allah, but called the Houthis after the surname…
Trump Promised 90 Deals in 90 Days: He Got Just 2 and Now Looks for More Time
“We invite you to participate in the extraordinary Economy of the United States, the Number One Market in the…
As the Trump Tariff Deadline Looms, Vietnam Is Relieved, Japan Resigned
A 90 day pause in the implementation of President Donald Trump’s new tariff rates will expire on Wednesday, and…
He Put the Tariffs on, They Took the Tariffs off, They Put the Tariffs on—Economies Are Shaking all About
Mass uncertainty surrounds the near term future of US-Asian trade, so much so that businesses in some economies including…
Former Georgia Senator Joins Trump’s Kettle of China Hawks as US Ambassador to Beijing
Former Georgia Senator and businessman David Perdue was recently confirmed with a bipartisan vote as the new US Ambassador…
Shanghai Gold Exchange to Set Up Warehouses for International Deliveries and Favored Pricing in RMB
In major eastern financial news, the Shanghai Gold Exchange could soon be delivering specific products to overseas partner warehouses…
Do Any Economists Believe Trump’s Tariffs Will Improve the American Economy?
Story at a glance… President Trump announced a new tariff regime that has placed at least a 10% tax…
03/27 End of the Empire: Trump Tariffs to Combat BRICS Leaves Two Options, Neither Good for USA
End of the Empire is a once-monthly feature on all news relating to the transition from the unipolar world of…
10/22 End of the Empire: BRICS+ Summit Kicks off in Kazan as World Leader in Multilateralism Seems Set to Grow
End of the Empire is a once-monthly feature on all news relating to the transition from the unipolar world…
The Ramshackle Reconstruction of Afghanistan Continues as Taliban in Control of 39 Embassies
Story at a glance… The Taliban recently completed its third year in charge of Afghanistan, marked with successes and…
End of the Empire 10/3: China Making Economic Inroads into Washington’s Closest Allies
End of the Empire is a twice-monthly feature on all news relating to the transition from the unipolar world…
7/05 End of the Empire: Gulf Oil Giants Look Eastward to Escape US Hegemony
End of the Empire is a twice-monthly feature on all news relating to the transition from the unipolar world…
6/21 End of the Empire: Beijing Reported to Be Seeking Training Facility in Cuba After Asian Economic Support
End of the Empire is a twice-monthly feature on all news relating to the transition from the unipolar world…
Gaffes in Tokyo – Biden Claims US Will Militarily Defend Taiwan – Calls Indo-Pacific “Our Region”
President Biden has forced his administration yet again to walk back comments he has made about the US commitment…