Will Malignant Stupidity Kill the World Economy?  —  A quick thank you to my readers.  When I struck out on my own, I wasn't sure if anyone would follow.  But I just passed 300K subscribers.  I'll try to be worthy of your support.  —  America created the modern world trading system.

‘Beware a dollar confidence crisis’ — DB  —  Taking another look at the puzzling greenback puke  —  There's a lot going on at the moment, but the most interesting might be how the dollar has been absolutely tanked by yesterday's tariff news.  —  The DXY dollar index has plunged 1.7 per cent today …

Reciprocal tariffs: you won't believe how they came up with the numbers  —  There is some method to the madness — it's just a nonsensical method  —  Americans were told reciprocal tariffs would be simple.  “Reciprocal, that means they do it to us, and we do it to them,” said President Donald Trump on Wednesday.

Just five months ago, on October 19, 2024, The Economist ran a special report on America's economy.  That economy was, the magazine said, “the envy of the world.”  Today, stock market futures plummeted after President Donald J. Trump announced that he will impose a 10% tariff on all imports …

France's Macron Urges EU Companies to Pause US Investments  —  French President Emmanuel Macron urged companies to pause investments in the US after President Donald Trump announced tariffs on the European Union and other regions.  —  It makes little sense for firms to invest there while the US hits …

Senate approves resolution against Trump's Canada tariffs hours after ‘Liberation Day’ event  —  4 Republicans side with Democratic resolution against Trump's Canada tariffs  —  Join Fox News for access to this content  —  The Senate on Wednesday approved a resolution opposing President …

‘This Could Get Much Uglier’: The Fatal Flaw In Trump's Trade War  —  Trump's radical tariff program is aimed at restoring U.S. manufacturing greatness.  He's getting in his own way.  —  President Donald Trump's sweeping tariff regime will completely transform America's economic relationship …

Donald Trump baffles economists with tariff formula  —  Calculation deeply flawed economically and will fail in stated aim of ‘driving bilateral trade deficits to zero’, say analysts  —  Trade economists have poured scorn on the crude methodology used by Donald Trump to calculate the list of …

EU ‘prepared’ to retaliate against Trump's 20 percent tariffs  —  European Commission President Ursula von der Leyen on Thursday slammed U.S. President Donald Trump's imposition of a 20 percent tariff on EU goods and vowed to retaliate, saying the bloc was “prepared to respond.”

Trump Goes Crazy on Trade  —  Just a quick update after Trump's Rose Garden speech.  —  I guess it's just possible that when we get details about the Trump tariffs they will be lower than what he just announced, but based on what he said, he's gone full-on crazy.

In Oval Office Meeting, Far-Right Activist Pushes Trump to Fire National Security Staff  —  During the 30-minute meeting, Laura Loomer excoriated National Security Council officials in front of the president and Michael Waltz, the national security adviser.  —  Laura Loomer, the far-right activist …

White House fires three NSC staffers after president meets with far-right activist Laura Loomer  —  The White House has fired at least three National Security Council staffers, three sources familiar with the move told CNN.  —  The firings came after Laura Loomer, the far-right activist …