Download IPFS President Donald Trump’s “Big, Beautiful, Bill,” signed on Independence Day, locks in tax relief for Iowa families and businesses, while raising important questions about the sustainability of federal spending and targeted tax breaks. After months of debate, the legislation was enacted to prevent the 2017 Tax Cuts and[Read More…]

Download IPFS Former President Donald Trump’s abrupt and often shifting trade strategies are leaving U.S. allies and trading partners uncertain, complicating negotiations and casting doubt on future economic ties. Despite some initial successes, Trump’s reliance on steep tariffs and last-minute policy changes continues to raise concerns abroad. In a bold[Read More…]

Download IPFS The prospect of sweeping 30 percent tariffs from United States President Donald Trump is sending ripples across the European Union, but not all countries are equally exposed to potential fallout. While some economies could face significant disruption, others are likely to weather the pressure with less damage. Ireland[Read More…]

Download IPFS Filipino American officials and community advocates are urging Philippine President Ferdinand Marcos Jr. to step up diplomatic efforts to shield Filipinos from sweeping new economic measures enacted under former United States President Donald Trump. The policies include a 1% tax on remittances sent abroad and a 20% tariff[Read More…]

Download IPFS President Prabowo Subianto arrived in Brussels determined to finalize Indonesia’s most significant trade agreement yet with the European Union, a move seen as a strategic response to mounting tariff threats from the United States and broader economic uncertainty. As global trade dynamics grow increasingly unstable, Indonesia is positioning[Read More…]

President Donald Trump has announced sweeping 50% tariffs on key Brazilian imports, namely coffee, orange juice, beef, and aerospace products, framing the move as both an economic strategy and a political gesture of support for former Brazilian President Jair Bolsonaro. The tariffs, expected to take effect on August 1, could[Read More…]

Initial jobless claims in the United States dropped unexpectedly to 227,000 for the week ending July 4, reaching their lowest level in seven weeks. The figures, released by the Department of Labor, suggest that the American labor market remains stable even as broader economic signals point to a potential slowdown.[Read More…]

Tariff collections by the United States government are expected to have risen notably in June, as trade duties, mostly stemming from policies introduced by President Donald Trump, continue to generate billions in revenue. According to recent Treasury Department data, the monthly figure is projected to show a substantial increase, reinforcing[Read More…]

U.S. customs duty revenue has surged past $100 billion for the first time in a fiscal year, a sharp departure driven by recently expanded tariffs. The increase has yielded unexpected budget surpluses and established tariffs as a significant source of federal income. Customs collections in June alone reached $27.2 billion gross (netting[Read More…]

The White House has seized on the Federal Reserve’s controversial headquarters renovation project in Washington, D.C., as potential justification to remove Chair Jerome Powell. The dispute, centered on a reported $2.5 billion refurbishment of the Fed’s main building at Constitution Avenue NW, has escalated into a broader political challenge to the[Read More…]