If we attempt to cut our deficit the way Trump wants to, it will cause a recession.
Category - Economy
China to Trump: Stop Hitting Yourself
"The result of this behavior is to smash your own foot with a stone."
Farm Bureau on Trump’s Trade War: “This has to stop”
Months after he touted his tax cuts to them, the Farm Bureau tells Trump to back off.
White House Releases Insane List of Over 1,300 Tariffs, China Retaliates
China will retaliate against American corn, beef, soybeans, and auto parts.
China Retaliates Against Trump’s First Round of Tariffs
China has imposed tariffs on 128 American products from nuts and berries to pipes.
Don’t Expect Trump’s China Tariffs Anytime Soon
A final list of tariffs may not be published for months.
The GOP’s Corporate Tax Cuts Haven’t Led to Substantial Investment
Most corporate executives say they've made no changes at all.
China Prepares to Retaliate Against Trump’s Tariffs
We don't know what Trump will impose tariffs on, but China does.
Trump’s Tariffs On China Could Be Terrible, Or They Could Be Nothing
Trump signed a piece of paper this morning, but it may as well have been blank.
So, What Was The Point?
Most of Trump's tariffs on steel and aluminum imports have been canceled.
Report: Mulvaney Signed Off On Deleting Wage Theft Data
Mick Mulvaney overruled other officials and allowed the Labor Department to delete the data.
Trump’s Trade Rep. Drops One Ridiculous NAFTA Demand, Adds Another
Lighthizer wants to block Mexico and Canada from adopting food warning labels.
Retailers Ask Trump Not to Tank The Economy
Nearly 100 retailers and shoe companies advised Trump against imposing tariffs on China.
Minimal Gains From Trump’s Tariffs Have Already Been Wiped Out
Shares of American steel companies have retreated to their previous value.
Analysis: Trump’s Trade War Could Cost Nearly $500 Billion
The global economy could shrink by 0.5 percent at a cost of $470 billion.
Trump is Considering Tariffs On Up to 100 Imports From China
Trump's future plans could be far more harmful than his tariffs on steel and aluminum.
Professor Behind Trade Model Cited by Commerce Calls Bullshit
The Commerce Department only cited the good parts and left out the bad to justify tariffs.
U.S. Budget Deficit Crosses $700 billion in February
Trillion dollar deficits may mark their return sooner than most people realize.
America Last
Tourism to the United States has dropped, but tourism is booming.
Harvard Economists: Growth From GOP Tax Cuts Will Be Negligible at Best
The new growth estimates are little more than a rounding error.