US EditionTariffs, and Trump’s Entire Economic Agenda, Were Just Thrown Into Chaos: Analysis
- A federal court ruling recently blocked a large portion of President Trump's tariffs in the United States, creating uncertainty around tariff revenue and fiscal plans.
- The ruling halted tariffs that would have generated nearly $200 billion annually, leading Republicans to face difficulties funding a roughly $4 trillion tax cut.
- The Trump administration is appealing the decision quickly while economists warn the ruling could create a $2 trillion deficit hole over the next decade.
- Harvard professor Douglas Elmendorf said the ruling will remove billions in possible tariff revenue annually, and Treasury Secretary Scott Bessent said such court interference harms trade and revenue.
- This court decision complicates Trump's broader economic agenda by undermining tariff-based revenue and creating fiscal challenges that may persist if the ruling is upheld.
29 Articles
29 Articles
Zaleski: A trickle-down desecration
Trump groupies believe his mercurial behavior and irrational policies are part of a plan to “make America great again.” Maybe so. But as this grandiose scheme unfolds, the damage visited on individuals, families, businesses and civic institutions is profound. The effects will be long-lasting. Fixes will take time, but almost certainly will be necessary when the Trump era collapses, which it will. Chaos fueled by lies, lawlessness and incompetenc…
Hanford Sentinel
Tariff ruling threatens a $2 trillion fiscal hole in Trump plan
Trump's Customs Policy: Pure Poison for the Economy
Ever since Donald Trump took over with tariffs and curious tax ideas for foreign investors, there is hardly any room for planning security in the economy. This harms not only foreign corporations, but above all the Americans.
Nancy Fairbanks | An Unwarranted Freak-Out
While reading through The Signal (April 9), when I saw Gary Horton’s column about Donald Trump’s tariffs, he got me riled up. He’s freaking out, saying car prices will skyrocket, choices will vanish, and we’re headed for economic doom. We worry about my wallet and prices here in Santa Clarita, we love our Patriot trucks and SUVs — but Gary’s painting a gloom-and-doom picture that doesn’t quite match the facts. Tariffs aren’t perfect, but they’re…
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