Trump’s inner circle is divided on his efforts to lower beef prices. Now he's halting plans entirely. - POLITICO

Internal disagreements over a White House plan to allow more beef imports highlights the president's challenge to balance the interests of consumers and the cattle industry...

 https://www.politico.com/news/2026/05/21/internal-fighting-shelves-trump-beef-import-tariff-cut-00931252

 

White House plans to reduce barriers to beef imports in an effort to lower prices - POLITICO

Reducing tariffs on beef imports is likely to infuriate ranchers...

 https://www.politico.com/news/2026/05/11/trump-executive-order-lower-beef-import-tariffs-00914323

 

The value of the U.S. dollar has weakened since Trump took office. Experts say that can be a 'hidden tax' | PBS News

"It's kind of a hidden tax," says economist Thomas Savidge of the conservative-leaning American Institute for Economic Research. "What your dollar is going to be able to buy is going to shrink."…

 https://www.pbs.org/newshour/economy/the-value-of-the-u-s-dollar-has-weakened-since-trump-took-office-experts-say-that-can-be-a-hidden-tax

 

Trump SCAM REPORT Quickly FALLS APART as Reality HITS HARD

https://www.youtube.com/watch?v=gitqIqNkXQs

 

Trump Prepares To Declare “National Economic Emergency” To Enact His Tariffs

https://www.youtube.com/watch?v=rQEmygktFmg

 

Trump administration wants to import cheaper prescription drugs from abroad | PBS NewsHour

The Trump administration, eager to show progress on prescription drug costs, on Wednesday moved forward on its plan to allow Americans to safely and legally get access to lower-priced medicines from abroad. Health officials unveiled a proposed regulation that would allow states to import many brand name drugs from Canada, with federal oversight. A second draft plan would let pharmaceutical companies seek approval to import their own drugs, from any country. ....
https://www.pbs.org/newshour/health/trump-administration-wants-to-import-cheaper-prescription-drugs-from-abroad

4 reasons why Trump’s drug importation bill won’t work - POLITICO

President Donald Trump has promised that the plan his administration rolled out Wednesday to bring in cheaper prescription drugs from Canada will immediately lower medication costs. Experts say the plan won’t work — and many write it off as a political stunt. ....
https://www.politico.com/news/2019/12/18/trump-importation-bill-087393

Trump and Sanders want to ease imports of drugs from Canada. Canada says not so fast - The Washington Post

Pharmacists, patients, doctors and some lawmakers worry the move could deplete supplies and worsen shortages.....
https://www.washingtonpost.com/world/the_americas/trump-and-sanders-want-to-ease-imports-of-drugs-from-canada-canada-says-not-so-fast/2019/08/01/1f0f91a6-b463-11e9-acc8-1d847bacca73_story.html

Trump’s own top economic adviser gives lie to his trade war rhetoric - The Washington Post:

Whatever you think about President Trump’s escalating trade war with China, he is billing it as something it’s not. He has suggested over and over again that China pays the tariffs, when that’s simply not how tariffs work. They are taxes on imports, paid by U.S. companies. And those costs are often passed down to consumers, in the form of higher prices. It was a reality that Trump’s chief economic adviser tried to avoid Sunday — but couldn’t. ...https://www.washingtonpost.com/politics/2019/05/13/trumps-own-top-economic-adviser-gives-lie-his-trade-war-rhetoric/

HuffPost: Trump Lies Again About 'China Paying Tariffs' To The U.S. Treasury

President Donald Trump on Sunday threatened to raise tariffs even higher on some Chinese products as he repeated the lie that China pays tariffs directly to the U.S. Treasury. He claimed the "payments" have led to the improvement in the U.S. economy. In fact, American consumers absorb the cost of tariffs on imported Chinese goods by paying higher prices for the products. ....
https://www.huffpost.com/entry/trump-lies-china-paying-tariffs-to-usa_n_5ccf8704e4b0e4d757347bda.

Experts say Hobby Lobby must have known it was illegally importing artifacts | Religion News Service

Hobby Lobby’s claim that it did not know it was buying ill-gotten artifacts is disingenuous, say those who work in the field and study the ancient Near East.

“Ridiculous,” said Jerome Eisenberg, who has specialized in ancient art for more than 60 years and founded New York’s Royal-Athena Galleries.

“Fatuous,” said Matthew Canepa, a professor of art and archaeology of the ancient Near East at the University of Minnesota.

“No dealer in his right mind would have been involved in this,” added Eisenberg....
http://religionnews.com/2017/07/06/experts-say-hobby-lobby-must-have-known-it-was-illegally-importing-artifacts/

US Confiscates Ancient Iraqi Artifacts Illegally Imported By Hobby Lobby -- TPM

The Department of Justice on Wednesday filed to forfeit thousands of ancient Iraqi cuneiform tablets and clay bullae, or seals, illegally imported in 2010 by arts and crafts chain Hobby Lobby. Hobby Lobby agreed in December 2010 to purchase "over 5,500 Artifacts, comprised of cuneiform tablets and bricks, clay bullae and cylinder seals, for $1.6 million," the U.S. Attorney's Office for the Eastern District of New York announced in a release. The artifacts "originated into the area of modern-day Iraq and were smuggled into the United States through the United Arab Emirates (UAE) and Israel, contrary to federal law,” the office said. ...
http://talkingpointsmemo.com/news/us-confiscates-ancient-iraqi-artifacts-hobby-lobby

Trump "Considering" Intriguing New Way to Lie With Statistics

The Trump administration is considering changing the way it calculates U.S. trade deficits, a shift that would make the country’s trade gap appear larger than it had in past years, according to people involved in the discussions.

The leading idea under consideration would exclude from U.S. exports any goods first imported into the country, such as cars, and then transferred to a third country like Canada or Mexico unchanged, these people told The Wall Street Journal.

Economists say that approach would inflate trade deficit numbers because it would typically count goods as imports when they come into the country but not count the same goods when they go back out, known as re-exports....
http://www.motherjones.com/kevin-drum/2017/02/trump-considering-intriguing-new-way-lie-statistics

Report: Trump administration eyes changes to trade deficit calculations

The Trump administration is considering changing how U.S. trade deficits are calculated, a move that would make the deficit look larger on paper, the Wall Street Journal reported. People involved in the discussions told the Journal that the leading idea is to count “re-exports” — goods that are imported to the U.S., and then exported to a third country unchanged — as imports, but not exports....
http://thehill.com/homenews/administration/320320-report-trump-administration-eyes-changes-to-trade-deficit

Mexican retaliation could hurt corn farmers (USA TODAY)

A Mexican senator is proposing to switch the country's corn purchases from the U.S. to South America ...
http://www.usatoday.com/story/money/business/2017/02/20/mexican-retaliation-could-hurt-corn-farmers/98008070/

Tax Reform And Your Shopping Cart (Tom Ashbrook, On Point)

While the world watches Washington’s uproar over immigration and national security, there are other big pieces in motion at the dawn of the Trump presidency. One of the biggest - taxes. A GOP plan would radically reshape the country’s taxes. It would deeply cut corporate taxes and wipe out incentives to move abroad. And it would add whopping big import taxes on all that stuff you buy at WalMart, Gap, Target. It’s a big deal. This hour On Point, in our 100-Day Spotlight, taxes, prices, jobs, and you. — Tom Ashbrook
Interview:
http://www.wbur.org/onpoint/2017/02/16/tax-reform-destination-based-cash-flow

Robert Reich: Why Trumponomics Will Fail Spectacularly

It's pure fantasy....
http://www.alternet.org/economy/robert-reich-why-trumponomics-will-fail-spectacularly

China bans all coal imports from North Korea, severing major financial lifeline for regime

China bans all coal imports from North Korea, severing major financial lifeline for regime
http://www.independent.co.uk/news/world/asia/china-north-korea-sanctions-coal-economics-nuclear-tests-kim-jong-nam-donald-trump-a7587931.html

Paul Krugman Explains Why Trump's Ideas About Trade Are a Threat to Us All

Price hikes would come on everything from clothes to avocados...
http://www.alternet.org/news-amp-politics/paul-krugman-slams-trump

Trump's Suggested Border Tax Would Mean Americans Pay For That Wall

The Trump administration is considering alternative ways to pay for the border wall, backtracking on the president's oft-repeated promise that Mexico would foot the bill.

A White House spokesman said one idea taking shape is to apply a 20 percent tax on imports from Mexico, as well as other countries with which the U.S. has a trade deficit. That would effectively saddle U.S. consumers with a significant portion of the wall's cost, estimated at $15 billion or more....
http://www.npr.org/2017/01/26/511861462/trumps-suggested-import-tax-would-mean-americans-pay-for-that-wall?ft=nprml&f=1001