Economy & Markets — Archive
Fed policy, inflation, jobs, market trends, and fiscal analysis
U.S. Trade Deficit Narrows as Administration Credits Recent Tariff Adjustments
The Treasury reports a $12.3 billion reduction in the trade deficit for the first quarter of 2026, a change the White House attributes to new tariff reforms.
Mamdani Calls for NYC Housing Plan While Criticizing ICE, City Faces Budget Shortfall
The mayoral candidate’s proposal promises affordable homes for all families, but city officials warn the plan could widen the $1.5 billion budget gap.
Ruling Is a Victory for World Trade, but Also Tricky
The Supreme Court upheld a WTO‑backed exemption for U.S. exporters, yet the decision leaves several tariff‑related provisions unsettled.
Trump Gives Grudging Praise to Liberal Trio Who Helped Sink His Tariffs
President Trump said the three Democratic lawmakers forced the administration to abandon the proposed steel and aluminum duties, calling their push a necessary check on trade policy.
U.S. Trade Representative Rejects Trump Tariff Proposal, Marking Rare Public 'No'
Katherine Tai said the administration will not impose new duties on Chinese steel, though existing tariffs stay in place.
Exclusive: 5 Ways Moreno Wants GOP to Codify .5 B Trump Tariffs
The Republican lawmaker says the Biden administration’s rollback of China tariffs threatens U.S. manufacturers, while Democrats argue the measures raise costs for consumers.
Breaking: Supreme Court Overturns 12 Trump Tariffs, Slashing $4 B in Costs – What Comes Next?
The 9‑5 decision invalidated 12 of 14 steel and aluminum tariffs, prompting Democratic calls for enforcement and Republican criticism of judicial overreach.
Trump Tariff Revenues Hit Record Highs as Supreme Court Deals Major Blow
The Treasury reported $12.3 billion in tariff collections for FY 2025, even as the Court limited the administration’s ability to impose new duties.
Will the Treasury Refund $200 Billion After Tariff Overturn?
A federal court ruling nullified recent tariffs, prompting the Treasury to determine how to handle the $200 billion already collected from importers.
Breaking: Trump Brand Expands to Airports in 40 Nations
The filings span 40 countries, covering travel services and airport operations, raising questions about international branding.