President Donald Trump seems perfectly willing to plunge the United States into a full-blown trade war with China, and China is not backing down. Trump on Wednesday paused many of the most extreme tariffs he announced last week, but jacked up the tax on Chinese goods. The White House said …
Read More »Trump Megadonor Brags of Easy Access to White House
It’s grand to be a big Trump donor. The White House is at your beck and call. Just take it from Chamath Palihapitiya, a former Facebook executive turned venture capitalist. He used to be a big donor to Democrats but has recently doffed a MAGA cap, helping raise millions for …
Read More »Egg Prices Hit Record High Amid Trump's Economic Circus
Egg prices hit record highs in the latest Consumer Price Index (CPI) report, alongside increases in the average prices in other staple food categories. The increase comes as retailers continue to brace for the effects of President Donald Trump’s global 10 percent tariff rate — which remains in effect despite …
Read More »So … What's Going on With the Tariffs Now?
Donald Trump blew up his tariff agenda on Wednesday, writing in a Truth Social post that he is instituting a “90-day pause” on the bulk of the import taxes he had announced a week earlier. The surprising reversal came as financial markets were tanking, and as the president and his …
Read More »ICE Pledges to Stop Illegal 'Ideas' From Entering U.S. — Then Deletes the Post
Donald Trump’s Immigrations and Customs Enforcement has proudly announced that if it crosses the border illegally, they will stop it. This includes people, money, products, and … ideas? In posts published — and later deleted — on X and Instagram today, ICE declared that it would stop any “ideas” that …
Read More »Supreme Court Rules 9-0 That Trump Has to Bring Back Man Accidentally Sent to El Salvador
The Supreme Court has ordered that President Donald Trump’s administration “facilitate” the return of a Maryland man mistakenly deported on March 15 to a notorious mega-prison in El Salvador known for human rights abuses. The conservative-controlled court’s ruling was unanimous, with all nine justices backing a lower-court order to return …
Read More »Trump as Bond Market Craters: 'BE COOL!'
Another key recession indicator is rearing its head as President Donald Trump’s administration enacts reciprocal tariffs on large swaths of goods imported into the United States. On Wednesday morning, the price of U.S. Treasury bonds took a nosedive, while yields spiked — a sign that bond holders are dumping their …
Read More »Trump Suddenly Pauses Tariffs, Jacks Up Tax on Chinese Goods
Donald Trump is bailing on his tariff agenda after less than a week. The president said on Wednesday that he has authorized a “90 day PAUSE, and a substantially lowered Reciprocal Tariff” for countries who have not economically “retaliated in any way, shape, or form against the United States” and …
Read More »ICE Director: Deportation Should Operate Like Amazon 'But With Human Beings'
While Department of Homeland Security Secretary Kritsi Noem is busy cosplaying as an Immigration and Customs Enforcement (ICE) agent — and pointing a rifle at an actual agent’s head while she does it — Acting ICE Director Todd Lyons is plotting how to turn the U.S. immigration enforcement system into …
Read More »Supreme Court Allows Trump to Use 1798 Wartime Law to Deport People
The Supreme Court handed President Donald Trump a massive win on Monday, voting 5-4 to allow his administration to continue rapidly deporting alleged gang members using the Alien Enemies Act. The law, passed in 1798, gives presidents the authority to remove foreign nationals over the age of 14 from countries …
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