Why Trump’s Tariffs Won’t Shrink America’s $37T Debt, Say Economists
Economists say Trump’s tariffs to pay down America’s $37T debt—and promise a “dividend”—are too small to make a real dent.
Tariffs
Tariffs Turn Up the Heat: U.S. Inflation Is Accelerating
Economist Michael Strain warns tariffs are driving U.S. inflation above the Fed’s target, with the full impact yet to unfold.
Yale Experts: Tariffs Keep US Economy Smaller
Yale Budget Lab president Natasha Sarin warns US tariffs shift resources to less productive sectors, raise prices, and stifle growth for a persistently smaller economy.
Sen. Cantwell: Trump’s Tariffs Are Unconstitutional Taxes on Citizens
Sen. Cantwell warns Trump’s tariff revenue isn’t profit—it’s an unconstitutional tax on American citizens, draining money straight from their pockets.
US Auto Prices Poised to Soar as Tariffs Bite Manufacturers
Tariffs are squeezing US automakers, slashing profits and adding $2,000–$3,000 to each car. Price hikes could push average new-car cost above $50K by year-end.
India Pushes Back as U.S. Imposes 50% Tariffs on Exports
India slammed the U.S. after Washington slapped 50% tariffs on its exports, promising to defend farmers and consider countermeasures in a heated trade dispute.
Modi Stands Firm on Farmers After 50% US Tariff Hike
Modi vows to protect Indian farmers’ welfare, promising to pay a heavy price, after the U.S. imposes a record 50% tariff on Indian goods.
Trump’s 100% Tariff on Semiconductor Imports Shakes Up Chip World
President Trump announced a 100% tariff on semiconductor imports from countries not building in the U.S., aiming to boost domestic chip manufacturing and reshape global supply chains.
Ontario Farmers Feel the Squeeze as Tariffs Bite
Ontario vegetable growers face higher costs and uncertainty as tariff-related fees bite, despite USMCA exemptions.
U.S. Lawmakers Cash In While Tariffs Drive Up Prices
New data reveals U.S. lawmakers profiting from tariffs while inflation rises, sparking a rare bipartisan push to curb conflicts of interest.