Canada Responds with $13 Billion in Tariffs on U.S. Goods

Canada has responded to American tariffs on steel and aluminum imports by slapping $16.6 billion Canadian dollars, or about $12.5 billion U.S. dollars, worth of taxes on U.S. imports. The levies went into effect yesterday. The U.S. has placed 25% and 10% tariffs on steel and aluminum imports respectively, from Mexico, China, Turkey, India, the […]

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Trump Administration Unveils New Tax Form That’s the Size of a Postcard

The Treasury Department has unveiled the 2019 IRS Form 1040 – the form many Americans use to file their taxes – and there is a peculiar twist to the new version: it’s the size of a postcard. It is the fulfillment of a promise to simplify the U.S. tax code for the majority of Americans. […]

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Kennedy to Retire, Ensuring Second Trump Nominee to Supreme Court

Supreme Court Justice Anthony Kennedy has announced his retirement. He will be leaving the High Court in July. The announcement was made yesterday in the public release of a letter he wrote to President Donald Trump. “This letter is a respectful and formal notification of my decision, effective July 31 of this year, to end […]

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Supreme Court, in Major Victory for Trump, Upholds Travel Ban

The Supreme Court handed the Trump administration a major victory today upholding its travel ban against majority-Muslim countries. The decision was split 5-4, with the Court’s conservative-leaning justices voting to uphold the ban while its liberal-leaning justices voted to strike it down. Justice Kennedy, the Court’s sole swing vote, sided with the conservative view. The […]

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Harley Davidson to Become First Causality in Trump’s Bourgeoning Trade War

Harley Davidson is about to be an unintended causality in the President’s growing trade war with the European Union. The company has announced it will be moving some of its iconic motorcycle production out of the U.S. in order to avoid new tariffs imposed by the EU. The Trump administration announced tariffs on steel and […]

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The Current Migrant Crisis Explained

President Trump has signed an executive order directing the Department of Homeland Security to reverse its policy separating young children crossing the U.S. border from their families. According to DHS, some 2,000 children have been separated from their parents and guardians and placed in detention centers since April when the administration announced a tougher policy […]

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Trump Administration Imposes Record Penalties on Chinese ZTE

U.S. Commerce Secretary Wilbur Ross announced fines of over $1.4 billion against ZTE last week in an agreement that would allow the Chinese telecommunications giant to continue purchasing materials critical to its business from U.S. companies. Under the terms of the agreement the company has agreed to pay $1 billion before the Commerce Department’s Bureau […]

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War of Words Erupts Between Trump and Canadian Prime Minister

A war of words has erupted between President Trump and his senior advisers and Canadian Prime Minister Justin Trudeau in the wake of comments Trudeau made at the end of the recent G7 summit in Quebec. “I personally negotiated with Prime Minister Trudeau, who by the way, I basically like working with, but not until […]

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