02.13.2025

Inflation Accelerated At The End Of Biden’s Term As Trump Seeks To Cut Spending, Regulations And Boost Production

By Robert Romano Both consumer and producer inflation accelerated as former President Joe Biden left office in January and President Donald Trump was sworn into office on Jan. 20, to annual rates of 3 percent and 3.5 percent, respectively, according to the latest data compiled by the Bureau of Labor […]

02.04.2025

The Trade War Lasted A Day. Trump Won.

By Robert Romano President Donald Trump has paused for 30 days a 25 percent tariff on Mexican goods and another 25 percent tariff on Canadian goods and 10 percent tariff on Canadian energy products after both countries acceded to the President’s demands to contribute to border security, preventing illegal migration and drug trafficking flows. Announcing the dramatic step on Truth Social on Feb. 3 , President Trump wrote that Mexico had agreed to send 10,000 troops to the U.S.-Mexican border to assist with […]

02.03.2025

Trump Hits Mexico, Canada and China With Big Tariffs, Demands Cooperation On Trade, Illegal Immigration, Border and Fentanyl—All Three Weaken Currencies In Response UPDATE: Trump Pauses Tariff On Mexico As It Sends 10,000 Troops To Border

By Robert Romano President Donald Trump has pulled the trigger on tariffs against Mexico , Canada and China to incentivize cooperation to stop the flow of both illegal immigrants and fentanyl drug trafficking crossing the U.S. border and has said he will only lift them when trade is rebalanced and […]

02.02.2025

Tightening Russian Sanctions and Closing Loopholes is Critical to President Trump Ending the War in Ukraine

By Rick Manning Since 2022, the Biden Administration had not only allowed Vladimir Putin’s full-scale Russian invasion of Ukraine, but their policies also failed to bring the war to an end and allow Ukraine to begin to rebuild. Luckily, President Donald Trump has reiterated his pledge to end […]

01.24.2025

Trump Takes On China On Trade After Biden Dropped The Ball

By Rick Manning President Donald Trump declared five years ago: “ China’s pattern of misconduct is well known. For decades, they have ripped off the United States like no one has ever done before. Hundreds of billions of dollars a year were lost dealing with China, especially over the years during the prior administration. China raided our factories, offshored our jobs, gutted our industries, stole our intellectual property, and violated […]

01.24.2025

Trump is Right to Call Out Biden Chip Deal

By Richard Manning President Donald Trump is right to be skeptical about former President Joe Biden’s chip subsidy provided to Taiwan Semiconductor Manufacturing Corporation (TSMC) to build chips here in America. I say this as someone who has a long history of standing with Taiwan, […]

01.17.2025

Trump’s Tariff Threat On China Results In Dialogue, Just Like It Did For Canada And Mexico

By Robert Romano “I just spoke to Chairman Xi Jinping of China. The call was a very good one for both China and the U.S.A. It is my expectation that we will solve many problems together, and starting immediately. We discussed balancing Trade, Fentanyl, TikTok, and many […]

01.15.2025

As Inflation Rebounds For Second Month In A Row Crushing American Households, Deficit Already $710 Billion First Quarter Of FY 2025

By Robert Romano Consumer inflation has resumed increasing for the second month in a row, rising 0.4 percent in December, or a 2.9 percent annual rate , according to the latest data from the Bureau of Labor Statistics. That is up from its Sept. 2024 annual level of 2.4 percent and came off of increases in energy and food in the latest […]

01.10.2025

Biden Economy Ends With A Whimper As 1.1 Million More Unemployed Since Jan. 2023

By Robert Romano The December 2024 employment situation report by the Bureau of Labor Statistics marks the last jobs numbers that outgoing President Joe Biden will receive with an economy that appears to be past or nearly past peak employment, with 1.1 million more Americans saying they’re unemployed since Jan. 2023. That’s usually what happens after peak inflation, which was […]

12.11.2024

As inflation ticks upward again to 2.7 percent, Argentina reminds everyone that killing inflation can be very painful

By Robert Romano Consumer inflation in the U.S. ticked up another 0.3 percent in November at an annual rate of 2.7 percent, according to the latest data compiled by the Bureau of Labor Statistics. For most Americans who have seen inflation outpace their incomes for four years now as […]

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