The Steep Cost of Tariffs Are Finally Coming Into Focus
Although it's still too early to confidently predict what the economic impacts of tariffs will be, some are becoming clearer. For example, the new levies have boosted government revenue by about $65 billion but overall prices on goods are accelerating. And what about the original motivation for implementing tariffs, which was to reduce trade deficits? The only sure way they might durably do so is if they increase savings or, more likely, reduce growth and investment.
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China's lithium carbonate futures hit two-week low
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Silvaco Announces CEO Transition
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'I know more about grass than any human,' the president said.
President Donald Trump mused Thursday about turning D.C.'s national parks into golf clubs while meeting with police and military personnel at his war-on-crime spectacle in the capital. 'One of the things we are going to be redoing is your parks,' the president said as he spoke from the U.S. Park Police's Anacostia Operations Facility in Washington, D.C. 'I'm very good at grass because I have a lot of golf courses all over the place. I know more about grass than any human being I think anywhere in the world.' Trump's credentials on turf are indeed considerable, having built 19 golf courses across the globe, according to the Trump Organization.
