Business

White House: Most Trade from Canada, Mexico ‘Doesn’t Make Sense’ to Tariff, Tariff Revenue ‘Tiny Fraction’ of Tax Cut Size

On Monday’s broadcast of CNBC’s “Squawk Box,” White House National Economic Council Director Kevin Hassett stated that most of the trade in Canada and Mexico has American parts and if there are “U.S. parts that get shipped over to Mexico,
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Trump says William McKinley ‘made our country very rich through tariffs.’ But the 25th president changed his mind on tariffs after realizing ‘friendly trade relations will prevent reprisals’ – Fortune

Trump says William McKinley 'made our country very rich through tariffs.' But the 25th president changed his mind on tariffs after realizing 'friendly trade relations will prevent reprisals'  FortuneTrump’s Flawed Claim that Tariffs Made the U.S. Its ‘Richest’  FactCheck.orgThe Protective Tariff: Defending American Economic and National Security  The Federalist SocietyThe Gilded Age Is Back in America, Except This Time It’s Golden  BloombergTrump’s Tariff Policies Mirror Gilded Age, But Experts Warn of Risks  newslooks.com

Business

Biden-Era Small Business Admin Exposed for ‘Jaw-Dropping Incompetence or Willful Negligence’ in Pursuing Coronavirus Aid Fraud

Sen. Joni Ernst (R-IA) said a Government Accountability Institute (GAO) report found lax oversight by the SBA over hundreds of billions of dollars in coronavirus aid loans and grants doled out during the Biden-administration was either "jaw-dropping incompetence or willful negligence." Ernst cannot decide which is worse.
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