Effective March 20, 2025, China will place massive tariffs on Canadian goods. Aquatic products and pork will face a 25% tariff, while other items like rapeseed oil (canola), peas, and oil cakes will see a 100% tax. China is also implementing a 100% tariff on any imported electric vehicles and a 25% tariff on Chinese […]
Treasury Secretary Scott Bessent is wrongly advising this administration by downplaying the role tariffs will have on overall inflation. Bessent told reporters not to be concerned over tariffs as they will simply be a “one-time price adjustment” when that is far from reality. These tariffs come with massive side effects that will ripple across the […]
BlackRock, the largest fund management firm in the world, has plans to acquire to key ports at each end of the Panama Canal in addition to 43 ports in 23 countries. Trump touted this proposal as a win for America as BlackRock is an American company. However, BlackRock is a know World Economic Forum partner […]
The primary policy implemented under the Trump Administration that I believe has the potential to destroy the US economy is tariffs. The very people who are supposed to advise Trump do not comprehend the global nature of the economy and the repercussions of tariffs. Treasury Secretary Scott Bessent recently came out to say that China […]
There are countless reasons why consumers are reluctant to switch to electric vehicles, with pricing consistently listed as a top concern. Western governments have warned that they will ban fossil fuel vehicle production in the not-so-distant future to meet emissions targets despite lacking the infrastructure or demand for EVs. Every government is hoping that consumers […]
China is hitting back with 15% tariffs on US coal. America sent 11.6 million tons of coal to China, with 6.46% of all US coal imports flowing into China. Climate zealots are cheering the move, and those on the far left are pleased that this will disproportionately hurt red states. The majority of the coal […]
Distributive bargaining is a competitive negotiation approach where one party aims to maximize its share from a limited pool of resources. This strategy is often called zero-sum negotiation, as the total amount of resources available remains constant. Some call this the win-lose method, as compromise is not the goal. David Honig, an attorney and adjunct […]
Panama was presented with an ultimatum to control foreign Chinese influence in the Panama canal or face retaliatory measures. While retaliatory measures were not specified, the State Department said that Panama was violating the Treaty Concerning the Permanent Neutrality and Operation of the Panama Canal, and the US would move to protect itself. Secretary of […]
The Mexican peso and Canadian dollar both saw notable declines right before the 25% tariffs were implemented. The US markets fell in early trading as CONFIDENCE rapidly declined with these tariff threats. We saw the Dow drop over 650 points early Monday, only to turn around after it was stated that tariffs on Mexico would […]
The chip shortage has been at the top of mind over the last week after the launch of DeepSeek, a novel AI service intended to compete with ChatGPT. Semiconductor manufacturers have left the US and previous plans to attract domestic production have failed. President Donald Trump has proposed a new idea to force production back […]
