The latest economic indicators reveal a troubling slowdown in U.S. manufacturing. Durable goods orders and the manufacturing index both posted their worst levels since the 2020 pandemic, signaling a sharp contraction in industrial activity. Philadelphia once again made headlines as the Philly Fed reported a historic decline in its new orders index, falling to -1.9. […]
Category Archives: taxes
Trump’s Tariff Gambit Backfires: European Postal Services Halt Shipments to U.S.
Postal services across Europe are suspending parcel shipments to the United States amid mounting uncertainty over Donald Trump’s escalating tariff policies. At the center of the disruption is an executive order Trump signed last month, abolishing the long-standing tax exemption that allowed small packages worth less than $800 to enter the U.S. duty-free. That exemption, […]
Trump’s Tariffs Are Crushing U.S. Soy Farmers While Brazil Gains
by Daniel Brouse August 20, 2025 Trump’s latest wave of tariffs is already sending shockwaves through the U.S. agricultural sector, with soybean farmers among the hardest hit. The American Soybean Association has warned that many growers may lose their farms this year, as the trade disruptions come at a critical moment in the harvesting season. […]
America’s Quiet March Toward Socialism: Trump’s Golden Share and the State’s Expanding Grip on Industry
The United States—long celebrated as the global champion of free-market capitalism—is drifting toward state-controlled economics at a pace few could have predicted. Recent developments reveal a pattern of government intervention in critical industries that blurs the lines between capitalism, protectionism, and outright socialism. Trump’s Golden Share in U.S. Steel Perhaps the clearest example comes from […]
Producer Prices Surge: Tariffs and Protectionism Poised to Push Inflation Higher
The latest Producer Price Index (PPI) figures have been released—and they came in sharply above expectations. This upside surprise suggests that inflationary pressures at the wholesale level are building more quickly than many economists and market participants anticipated. While the most recent Consumer Price Index (CPI) data showed only a modest uptick—enough to be noticed […]
Tariffs Fail to Tame Soaring U.S. Budget Deficit as Spending Outpaces Revenue
by Daniel Brouse August 13, 2025 The U.S. government’s budget deficit surged nearly 20% in July 2025, reaching $291 billion for the month, despite a sharp rise in customs duty collections from President Donald Trump’s aggressive tariff policies. According to Treasury Department data released Tuesday, the deficit increase underscores that tariffs — often touted as […]
Tariffs, Hypocrisy, and Geopolitical Backfire: Trump Slaps 50% Tariffs on Indian Goods Over Russian Oil
In a move that is already sparking backlash among global trade experts and U.S. allies, former President Donald Trump has issued a directive to impose an additional 25% tariff on a wide array of Indian goods—raising the total tariff rate to 50%. This decision, according to Trump, is a response to India’s ongoing purchases of […]
The Hidden Costs of Gasoline: Why Misguided Fuel Policy and Climate Denial Are Driving Prices—and Inflation—Higher
by Daniel Brouse August 3, 2025 Gasoline prices continue to climb across the U.S., and many are quick to blame geopolitical tensions or oil company profits. But two less visible factors are placing sustained upward pressure on prices—while simultaneously exposing the broader economic and environmental costs of our current energy system. 1. Refinery Constraints: A […]
Firing the Facts: Trump Ousts BLS Chief Amid Job Market Slowdown, Undermining U.S. Institutional Credibility
In a stunning move that has already sent shockwaves through global markets, Donald Trump has fired the head of the Bureau of Labor Statistics (BLS) following the release of data showing a significant slowdown in the U.S. job market. The report, published earlier today, revealed rising unemployment and declining job creation—data that sharply contradicts the […]
Tariff Chaos: How Mixed Signals in the Global Trade War Are Reshaping Markets
by Daniel Brouse July 31, 2025 Details emerging from the ongoing global trade war are wreaking havoc across key economic sectors, revealing deep inconsistencies and unintended consequences in tariff policy. One of the most notable cases involves the newly announced 50% tariff on copper imports, which initially sent shockwaves through the commodities markets. Prices spiked […]