Economy
President Trump Escalates Trade Stance with 25% Tariff on EU Automobile Imports.
May 1, 2026 at 6:48 PM
President Donald Trump has announced a new 25% tariff on cars and trucks imported from the European Union, citing non-compliance with existing trade agreements. The move aims to incentivize domestic US manufacturing.
United States
US Tariff Adjustments Could Push Federal Deficit Upward by $1.1 Trillion.
April 27, 2026 at 8:34 PM
The Congressional Budget Office (CBO) has indicated that recent changes in US tariff policy could increase the federal deficit by $1.1 trillion over the next decade, though officials note that definitive long-term forecasting remains complex.
Economy
The Failure of Protectionism: Analyzing the Real-World Consequences of Modern Trade Wars.
April 19, 2026 at 10:18 PM
Recent data from 2025-2026 shows that US tariff policies have failed to resolve trade deficits, instead causing a 'boomerang effect' where deficits simply shifted to other nations while China continues to expand its global trade dominance.













