The Winners and Losers of Trump’s Tariff Bailout
Looking for news you can trust?Subscribe to our free newsletters. About a month ago, the Trump administration announced its plans to spend up to $12 billion to help offset losses incurred by farmers as the president pursues a trade war against China and other major buyers of US agriculture goods. In a press call Monday,…
70 Years Ago, America Restored Democracy to Germany. Now Germany Wants to Return the Favor.
Angela Merkel, the German chancellor, in MunichSebastian Widmann/Getty Looking for news you can trust?Subscribe to our free newsletters. President Donald Trump pulls two Starburst candies out of his suit jacket pocket and throws them on the table in the direction of German Chancellor Angela Merkel. “Here, Angela,” he says, “don’t say I never give you…
Why a New Fisheries Bill Is Being Dubbed the “Empty Oceans Act”
People fish for steelhead in the Grand Ronde River.ed Conklin/ZUMApress.com Looking for news you can trust?Subscribe to our free newsletters. This story was originally published by the Food and Environment Reporting Network. What the farm bill is to terrestrial food production, the fish bill, a.k.a. the Magnuson-Stevens Act, is to the ocean—the law that governs America’s…
Missouri Voters Deal Major Blow to GOP Union-Busting Efforts
An anti-Proposition A rally in Kansas City, Mo., in July. Charlie Riedel/AP Looking for news you can trust?Subscribe to our free newsletters. On Tuesday, Missouri voters sent a message to the Republican-controlled state legislature: The state must protect unions. It is the first state since 2012 to overturn a right-to-work law that aimed to weaken…
Trump Claims His Tariffs Will Pay Down Debt—After He Drove Up Deficits With a Billionaire Tax Cut
Brian Cahn/Zuma Press Looking for news you can trust?Subscribe to our free newsletters. Just before Christmas, President Donald Trump signed a tax bill that will raise the national debt by nearly $2 trillion over 10 years, according to the Congressional Budget Office, while likely saving him and his heirs millions of dollars per year. Eight months later, the…
Trump Takes to Twitter to Defend His China Tariffs
Matt Rourke/AP Looking for news you can trust?Subscribe to our free newsletters. President Donald Trump’s decision to impose tariffs on $200 billion worth of imported Chinese goods has been widely unpopular. Even so, on Wednesday, Trump decided to up the ante: He ordered his administration to consider raising the rate from 10 percent to 25…