by Daniel Brouse April 3, 2025 On April 2, President Trump unilaterally declared a trade war against the rest of the world, imposing protectionist tariffs on 180 countries — calling it “Liberation Day.” This action was taken without congressional approval and in direct violation of the Constitution. A coalition of world leaders from diverse countries […]
Category Archives: taxes
Trade War!
Also posted in Business, Finance, freedom, Government, History, International
Tagged economy
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Fighting a Mean Bear Market in a Trade War
by Daniel Brouse April 3, 2025 Today, one of the stock market indices officially entered into bear market territory. A bear market is typically defined as a decline of 20% or more from recent highs in a broad market index, such as the Russell 2,000 Small-cap stocks. This downturn signals a shift in investor sentiment, […]
Trump Economics: Immediate Economic Deterioration
by Daniel Brouse April 1, 2025 The Atlanta Fed’s GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the first quarter of 2025 has been revised downward to -3.7% as of April 1, a significant drop from the previous estimate of -2.8% on March 28. This sharp decline reflects increasing signs of […]
Financial Ethics and Legal Controversies: Trump, Musk, and Conflicts of Interest
Financial Disclosure and Conflict of Interest Regulations for U.S. Presidents and Officials When a U.S. president takes office, they—as well as their cabinet members, high-ranking officials, and anyone with substantial influence in the administration—are generally required to disclose all financial activities. This process is designed to ensure transparency, prevent conflicts of interest, and uphold ethical […]
Also posted in Business, Finance, freedom, Government, International, Law, liberty
Tagged economy
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The Impending Economic Impact of April 2 Tariff Announcement: A Global Crisis in the Making
by Daniel Brouse April 1, 2025 The Washington Post has reported that sources indicate the April 2 tariff announcement is set to impose an across-the-board 20% tariff on a broad range of imports. Such a drastic move would have far-reaching implications for the global economy, potentially triggering the most significant worldwide economic downturn since the […]
Also posted in Agriculture, Business, Energy, Environment, Finance, freedom, History, International, Politics
Tagged economy
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Trump’s Sector-Specific Tariffs
March 27, 2025 Since January 2025, the United States has implemented several sector-specific tariffs in an effort to protect domestic industries. These tariffs are in addition to any existing country-specific tariffs and represent a continuation of protectionist trade policies. However, historical data suggests that such high sector-specific tariffs often fail to achieve their intended goals. […]
How BYD Surpassed Tesla: The Role of Innovation, Tariffs, and Free Market Dynamics
by Daniel Brouse March 25, 2025 BYD, a leading Chinese electric vehicle (EV) manufacturer, reported annual revenues of approximately $107 billion, surpassing Tesla’s $97.7 billion for the same period. This milestone underscores BYD’s rapid ascent in the global EV market, driven by innovation, affordability, and superior battery technology. Meanwhile, U.S. protectionist tariffs have not only […]
Also posted in Business, Energy, Environment, Global Warming, Government, Politics
Tagged climate change
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Why Are People Boycotting Tesla?
Elon Musk’s extreme hypocrisy has led to widespread boycotts and protests against Tesla. It’s the only company in U.S. history to achieve profitability primarily through carbon credits and remains one of the largest recipients of government subsidies, including tax credits. Yet Musk publicly opposes these very policies, making his contradictions even more damaging—not just to […]
Also posted in Business, Energy, Environment, Finance, freedom, Global Warming, Government, health and wellness, Politics, Science
Tagged economy
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GOP Socializes Egg Prices
Ironically, President Trump has taken a far-left liberal approach by socializing the egg industry. Unable to keep his campaign promise to lower egg prices, the U.S. government has subsidized the industry to the tune of billions of dollars. U.S. Agriculture Secretary Brooke Rollins announced that the United States is importing hundreds of millions of eggs […]
Beyond Tariffs: How International Boycotts Are Quietly Crippling the U.S. Economy
by Daniel Brouse March 21, 2025 Retaliatory tariffs are just one piece of the broader economic damage facing the U.S. economy. Equally significant—but often overlooked—are the growing international boycotts against the U.S., which further erode economic stability. For example, Canada has reported a staggering 40% decline in travel to the U.S., a trend that could […]