Tag: Foreign trade
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Fact-Check: Major Claims from Trump Farmer Roundtable
This fact-checking analysis reveals several patterns in the claims made during the roundtable. Many claims contain kernels of truth but are surrounded by exaggeration or lack crucial context. Some claims—particularly regarding international agreements like Chinese soybean purchases—cannot be verified through public sources, which is concerning for transparency and accountability. Several claims fundamentally misrepresent underlying data.…
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Roundtable: Trump Administration Announces $11 Billion Aid Package for American Farmers
President Trump unveiled an $11 billion farmer assistance package funded by tariff revenue, with $1 billion reserved for specialty crops. The December 8 roundtable featured major trade wins including over $40 billion in Chinese soybean purchases and $8 billion from Japan. Trump promised to remove environmental regulations on farm equipment to reduce costs.
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Costco v. U.S. Customs and Border Protection: A Legal Challenge to Presidential Tariff Authority
Costco has filed a major lawsuit challenging President Trump’s 2025 tariffs as unconstitutional and unauthorized by law. This detailed legal analysis explains how the case tests whether the International Emergency Economic Powers Act (IEEPA) gives presidents authority to impose tariffs, or whether that power belongs exclusively to Congress. With two federal courts already ruling these…
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Evaluation of “Trump Has The Power To Impose Tariffs Via IEEPA”
Peter Navarro argues that the International Emergency Economic Powers Act implicitly authorizes presidential tariffs because the power to “regulate importation” naturally includes tariffs, the traditional tool for controlling trade, and because presidents who can ban imports entirely should also be able to impose the lesser measure of taxing them. The article’s thesis is that IEEPA…
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Trump’s APEC Address: $18 Trillion in Investments, Peace Deals, and Xi Meeting Preview
In a triumphant address to business leaders at the APEC CEO Lunch in Gyeongju, South Korea, President Donald Trump declared America’s economic resurgence with $18 trillion in new investment commitments in less than a year, 45 stock market records in nine months, and 1.9 million new American-born workers employed.
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Summary of the Case: Learning Resources, Inc. v. Trump and Trump v. V.O.S. Selections, Inc.
The Court must decide if the President exceeded statutory and constitutional limits by using emergency powers to impose tariffs without explicit legislative authorization.
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The Employment and Wage Effects of Trump’s Steel Tariffs
Research on the Trump administration’s 2018-2020 steel tariffs reveals significant negative net employment effects despite modest gains in steel production jobs. While steel workers experienced some wage increases, the broader economic impact included substantial job losses in steel-using industries and higher costs for consumers.
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Trump’s Tariffs Make Absolutely No Sense
Jason Furman argues that Donald Trump’s proposed “reciprocal tariffs” are based on flawed economic reasoning and would damage the U.S. economy, worsen global trade relations, and ultimately empower China.
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Trump’s Tariffs
On the campaign trail, former president Donald J. Trump praises his import taxes on Chinese imports. But he is wrong on the data, and wrong on the economic effects.
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China trade deal progressing slowly
We now have trade numbers for July 2020, and the U.S. trade deal with China is not meeting expectations.
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Tariffs, after all, are paid by Americans
Action taken in April by President Donald J. Trump confirms: The tariffs he imposed on China are paid by Americans.
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WichitaLiberty.TV: Congressman Ron Estes
United States Representative Ron Estes discusses trade, FAA reauthorization and his amendment, entitlement reform, and spending.