Despite all the flakiness and back and forth Trump’s actions have a unified purpose. Like the Democrats, but even more so, they disproportionately benefit the rich. (We’ll leave aside the pandemic response, which is complicated and an emergency.) This table is older, and based on the House version of Trump’s budget and tariffs, but should […]
Trump Era
This is a complete capitulation: 15% tariffs on EU goods, 0% on US goods EU to buy 750 billion dollars in LNG over the next 3 years (US LNG is more expensive than alternatives) 600 billion EU investment in the US 50% tariff on steel and aluminum to the US stays in place A commitment […]
Trump: Wow! Canada has just announced that it is backing statehood for Palestine. That will make it very hard for us to make a Trade Deal with them. Oh’ Canada!!! The current plan is 35% tariffs on everything not covered by the USMCA trade deal. But here’s the thing: Canada buys more US exports than […]
So, the Supremes have decided, without even bothering to write an opinion, that the Department of Education can be massively reduced without Congressional approval: The Supreme Court ruled on Monday that the Trump administration may fire more than half of the Department of Education’s workforce — mass terminations that, in Education Secretary Linda McMahon’s words, […]