Treasury Secretary Brian Besant asserts that the tariffs implemented under former President Donald Trump are now a standard practice. He stated that these tariffs, ranging from 15% to […]
U.S. Treasury Secretary Supports Supreme Court’s Tariff Decision
In a recent statement, U.S. Treasury Secretary Janet Yellen has expressed her support for the Supreme Court’s decision on tariffs. She emphasized that tariffs should not be viewed […]
Tariffs’ Impact Uncertain, Crypto Sector Remains Unfazed
A CNBC report highlights how delayed tariff effects are impacting business outlooks as of June 2025, potentially leading to job cuts in 2026 across various sectors. However, the […]
Costco Sues Trump Administration, Seeking Refunds for Tariffs
Costco has filed a lawsuit against the Trump administration, seeking refunds for tariffs imposed during the former president’s tenure. The suit centers around the impact of these tariffs […]
Trump Proposes Elimination of Income Tax through Tariff Revenue
President Donald Trump has proposed a radical shift in U.S. tax policy, suggesting the elimination of income tax entirely by utilizing revenue generated from tariffs. This unprecedented move […]
U.S. Commerce Secretary Prepares for Potential Tariff Overruling
Odaily reports that U.S. Commerce Secretary Lutnick indicated a plan to take action if the court decides against the current tariff rulings. Should the court overturn this decision, […]
U.S. to Implement New Measures if Court Overrules Tariff Ruling
U.S. Commerce Secretary Lutnick has indicated a potential response should the court overturn the previously implemented tariffs. In statements published by Odaily, he stated that the government would […]
Stock Market Gains Momentum as Rate Cuts Hope & Shifting Tariffs Fuel Optimism
The stock market opened the week on a positive note, with major indexes posting gains after sharp losses earlier in November. Hints from New York Fed President John […]
Trump Argues Tariffs Boost US Economy & National Security
U.S. President Donald Trump recently addressed the nation on Truth Social, asserting that tariffs implemented on other countries have yielded substantial revenue for the U.S., although full benefits […]
White House Prepares Plan B as Supreme Court Awaits Tariff Ruling
The White House is actively formulating a contingency plan in anticipation of the Supreme Court’s ruling on the legality of Trump-era tariffs. This decision will have far-reaching implications […]
Trump’s $2,000 Tariff Checks Need Congressional Approval
Former President Donald Trump proposed a plan for $2,000 checks using tariffs as a source of revenue, requiring congressional approval according to economic analyst John Bessent. Progress on […]
Trump Drops Food Tariffs to Combat Inflation, Market Prices Expected to Stabilize
In an effort to ease rising grocery costs and address public concerns about affordability, President Trump has revoked tariffs on a significant portion of food imports. This move […]
U.S. Treasury Cuts Tariffs on Coffee and Bananas, Signaling Price Drops for Consumers
The U.S. Treasury announced tariff reductions on imported coffee and bananas, potentially leading to lower prices for consumers. This policy shift comes as part of broader trade changes […]
U.S. Economic Outlook: Tariff Changes and Government Shutdown Impact
Despite the recent government shutdown and anticipated tariff adjustments, U.S. Treasury Secretary Janet Yellen affirmed a positive economic outlook before the disruption. Significant announcements regarding tariff reductions are […]
U.S. Treasury Secretary Hints at Tariff Announcement Amid Government Shutdown
In a statement, U.S. Treasury Secretary Besent confirmed that significant tariff news is expected to be released soon. This announcement comes amid ongoing government shutdown proceedings which have […]