Economy

“Tariff receipts topped $16 billion in April, a record that helped cut the budget deficit”

“…Customs duties totaled $16.3 billion for the month, some 86% above the $8.75 billion collected during March and more than double the $7.1 billion a year ago, the Treasury Department reported Monday. That brought the year-to-date total for the duties up to… Continue Reading…

Economy

Stock Market Up On U.S. & China Tariff Trade Deal

“…After more than a month of escalating trade war, China and the U.S. announced a 90-day cooling off period to give the two sides time to negotiate a longer-term solution. During the pause, the U.S. will impose a 30 percent… Continue Reading…

Economy

“China exports to U.S. plunge as tariffs hit, leading some experts to warn of product shortages”

“Shipments of goods from China to the U.S. are dropping sharply with the Trump administration’s steep tariffs in place, leading major U.S. retailers to warn about impending supply shortages… At the Port of Los Angeles, which, along with the Port of… Continue Reading…

Economy

“China Vows ‘Fight to the End’ on Tariffs as It Props Up Markets”

“…“The US threat to escalate tariffs on China is a mistake on top of a mistake,” the Chinese Ministry of Commerce said in a Tuesday statement, hours after the US president vowed to impose additional import taxes. “If the US… Continue Reading…

Economy

“Tariff Boost: Trump Sees Rise in Approval Ratings Amid Trade Overhaul”

“Polling conducted by The Daily Mail between March 31 and April 3 shows Trump’s approval rating climbing to 53%, up four points since the previous polling period. The rise was especially notable among voters aged 18-29, who reported a 13% increase in… Continue Reading…

Economy

Tariffs Are Working: “More than 50 countries’ approached US to lower tariffs: Treasury Secretary…”

What is this?! You mean to tell me tariffs are… good? Legacy media told me they are bad. Let me explain this to all of the people who are confused about the Presidents Tariff plan. It’s basically a 2 step… Continue Reading…

Economy

[Maximum Fear Mongering] “Trump’s tariffs — if sustained — likely to push the U.S. and globe into recession, says JPMorgan”

https://www.cnbc.com/2025/04/03/trumps-tariffs-if-sustained-likely-to-push-the-us-and-globe-into-recession-says-jpmorgan.html Article behind paywall. Notice the headline “likely”. That’s the key word here. It’s also possible to avoid recession. Legacy media is trying to act like tariffs are the most horrible thing ever. If tariffs are so bad why does… Continue Reading…

Economy, Stocks

“Options Market Focused on Jobs and Inflation Over Tariff Reveal”

“…Implied volatility for S&P 500 Index options is elevated for a couple of particular days in the next two weeks, signaling greater demand for protection against big market swings then. That kink in the volatility curve is bigger for March… Continue Reading…