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Tag: Trade Policy

Trump Champions Middle Class Growth And Government Accountability In Marathon Address
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The Epoch Times, Approved, National

Trump Champions Middle Class Growth And Government Accountability In Marathon Address

By Jacob Burg, Andrew Moran, Troy Myers, Ryan Morgan, John Haughey, Jackson Richman | The Epoch Times The president unveiled new policies including a retirement program proposal, lower energy costs tied to data centers, and a task force to combat fraud. President Donald Trump highlighted his economic agenda in a record-long State of the Union address, declaring the United States is “bigger, richer, and stronger than ever before.” In his 1-hour 47-minute-long speech, the president introduced multiple guests to spotlight the impacts of his policies, from no-tax-on-tips to Trump Accounts. The president awarded the Medal of Honor to a Korean War hero and to a helicopter pilot wounded in the mission to capture Venezuelan Leader Nicolás Maduro, and announced that he w...
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High Court Says Congress Holds Tariff Power Drawing Fast Response From Colorado Lawmakers
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kdvr.com, Approved, State

High Court Says Congress Holds Tariff Power Drawing Fast Response From Colorado Lawmakers

By Brooke Williams | KDVR DENVER (KDVR) — The Supreme Court on Friday struck down a bulk of President Trump’s sweeping tariffs on imports from many foreign trading partners. The Supreme Court justices ruled 6-3 that his expanded use of the International Emergency Economic Powers Act to impose tariffs without Congressional approval was unlawful. The act gives the sitting president authority to regulate various economic transactions after declaring a national emergency, according to Congress.gov. Trump is the first president to attempt to invoke the act to impose tariffs. “Changes in the use of IEEPA powers since the act’s enactment in 1977, including its use to impose tariffs on imports from almost all countries in 2025, have caused some Membe...
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Can you regulate the sound of commerce without sinking trade?
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Rocky Mountain Voice, Commentary, National, Top Stories

Can you regulate the sound of commerce without sinking trade?

By Greg Walcher | Commentary, GregWalcher.com When Congress authorized nearly $400 billion in climate subsidies, the bill was called the “Inflation Reduction Act,” though it had nothing to do with inflation. The 2001 “Patriot Act” was about expanding government surveillance powers, not patriotism. The massive new federal health insurance program was called “Affordable Care Act,” though it did not reduce the cost of anything. And we call laws restricting mandatory union contracts “right to work,” though they create no jobs. Popular-sounding names enhance the chances of acceptance for many proposals that might otherwise fail the test of public opinion. Calling a new program of government regulations, fees, and permits a “market-based solution” might appeal to folks who would otherwise ...
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Trump Urges Supreme Court to Restore Presidential Tariff Powers
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National, Approved, Fox News

Trump Urges Supreme Court to Restore Presidential Tariff Powers

By Christina Shaw | Fox News Treasury warns striking down tariffs could force refund of $159B already collected since August The Trump administration asked the Supreme Court Wednesday to quickly make a decision on whether President Donald Trump has the authority to impose his sweeping tariffs under federal emergency law. This appeal is a result of a federal appeals court ruling 7-4 that a vast majority of Trump’s tariffs were illegal according to the 1977 International Emergency Economic Powers Act even though it allowed the duties to remain until the case was resolved. Many states and small businesses challenged Trump’s tariffs in a lawsuit saying they were causing serious economic harm. "These unlawful tariffs are inflicting serious harm on small businesses and jeopardizin...
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Polis Claims Trump Tariffs Hurt Jobs but Many See Benefits
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State, Approved, The Gazette

Polis Claims Trump Tariffs Hurt Jobs but Many See Benefits

By Marianne Goodland | The Gazette A report released Thursday by Colorado’s governor said President Donald Trump’s tariffs policy is disrupting the state’s economy and courting a recessionary scenario. State economists have, in fact, been sounding the risk of a scenario for a year — preceding both the White House’s tariffs changes and the congressional budget that Democrats blamed for Colorado’s $800 million deficit. As recently as June, analysts said the chances of a recession in the next year stood at 50% and climbing. Since Trump took office, tariffs have increased sevenfold to about 21% in Colorado, according to the report. Nationwide, it’s closer to 24%. A year ago, the tariffs averaged around 3%. The last time tariffs went that high occurred in 1910, Gov. Jar...
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Inflation relief hands Trump a talking point on tariffs and the economy
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The Western Journal, Approved, National

Inflation relief hands Trump a talking point on tariffs and the economy

By Randy DeSoto | The Western Journal President Donald Trump took a shot at Goldman Sachs’ CEO and its economists Tuesday while touting July’s inflation number, which came in cooler than expected. Goldman Sachs was among the many investment firms that predicted in April that Trump’s tariff policy would be inflationary, tank the stock market, and likely cause a recession. The Bureau of Labor Statistics reported that the consumer price index rose 2.7 percent in July compared to the same month last year and rose 0.2 percent from June. That compares to a 2.8 percent increase predicted by Wall Street, according to CNBC. Trump responded to the report, posting on Truth Social, “Trillions of Dollars are being taken in on Tariffs, which has been incredib...
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Hancock: The beauty of balance between urgency, authority and the republic
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Rocky Mountain Voice, Approved, Commentary, National, Top Stories

Hancock: The beauty of balance between urgency, authority and the republic

By Michael A. Hancock | Commentary, Substack Reclaiming the Wisdom of a System Built for Both Crisis and Constraint One of the most brilliant features of the U.S. Constitution is its recognition of human nature—not just in its vices, but in its limitations. The framers didn’t just aim to prevent tyranny; they aimed to build a system that could govern well even though no institution—or person—is omniscient or omnipotent. It’s a humility baked into the structure. That’s why Congress makes the laws, and the President executes them—two separate powers working together. But what the Constitution also quietly acknowledges is that not every problem can be solved by committee. In a world where markets shift overnight, threats emerge in real time, and global actors often cheat the syste...
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Post editorial board: Trump’s tariffs are doing what critics said they couldn’t
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New York Post, Approved, National

Post editorial board: Trump’s tariffs are doing what critics said they couldn’t

By Post Editorial Board | New York Post For all the “sky-is-falling” cries over President Donald Trump’s tariffs, it looks like his strategy may be working — just as his Aug. 1 deadline nears. In the past week, the Trump folks struck deals with Japan, Indonesia and the Philippines — and may be on the verge of a deal with Europe: On Friday, the prez cited a 50-50 chance of reaching an agreement with the European Union. These developments — on top of previous deals with Vietnam, the United Kingdom and a framework on rare-earth exports and tech restrictions with China — go a long way toward standing up Trump’s vision for the international economy, with better terms for America. And at least so far, no catastrophic fallout. Heck, the nation looks poised to benefit enormously on sev...
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A Trump tariff legacy: U.S. Treasury posts June surplus of $27 billion
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Investing.com, Approved, National

A Trump tariff legacy: U.S. Treasury posts June surplus of $27 billion

By Frank DeMatteo | Investing.com Investing.com -- Just one week after President Trump signed the “Big Beautiful Bill” into law, the administration is celebrating again. The U.S. government posted a budget surplus for June, driven in large part by Trump’s aggressive tariff policies. The June 2025 budget recorded a surplus of over $27 billion, the first monthly surplus since 2017. Economists had expected a deficit of $41.5 billion for the month. A key factor was the surge in customs duties, which totaled roughly $27 billion for the month. That’s up from $23 billion in May and a staggering 301% increase compared to June 2024. So far this year, tariff collections have reached $113 billion, up 86% from the same period last year. Much of the increase is tied to the across-the...
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President Trump hails court win keeping tariffs in place amid global negotiations
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Approved, CBS Colorado, National

President Trump hails court win keeping tariffs in place amid global negotiations

By Joe Walsh | CBS Colorado The wide-reaching tariffs imposed by President Trump on virtually every country can remain in place until at least the end of July, an appellate court said Tuesday evening. The Federal Circuit Court of Appeals granted the Trump administration's request to pause a lower court ruling that blocked the tariffs pending appeal. The appellate judges scheduled oral arguments in the case on July 31, meaning the tariffs are set to stay in effect until then unless there's further court action in the case. The U.S. Court of International Trade ruled last month that many of Mr. Trump's signature tariffs are illegal, including the 10% tariffs on virtually every U.S. trading partner and a set of tariffs on Canada, Mexico and China. The appellate co...
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