Business
Retail Sales Fell in May But Core Sales Were Unexpectedly Strong

Retail Sales Fell in May But Core Sales Were Unexpectedly Strong

The Commerce Department reported Tuesday that retail and food service sales declined 0.9 percent in May from the previous month, the sharpest drop since January. April’s data were revised slightly downward to show a 0.1 percent dip. Yet the most closely watched...

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

MSNBC’s Ruhle: Dems Struggled Because the Economy Is ‘Complicated’ and ‘Hard to Explain’

On Wednesday’s broadcast of MSNBC’s “11th Hour,” host and NBC News Senior Business Analyst Stephanie Ruhle said that Democrats struggled to talk about the economy because “telling the truth about a complicated economy” is “Complicated and nuanced.” And “we don’t
The post MSNBC’s Ruhle: Dems Struggled Because the Economy Is ‘Complicated’ and ‘Hard to Explain’ appeared first on Breitbart.

Breitbart Business Digest: Expect a Trump Tariff Boom, Not a Recession

Uncertainty isn’t always economically harmful. President Trump's "Liberation Day" tariffs may be exactly what the U.S. economy needs to break out of the low-investment, high-dependence trap that the free trade consensus left behind.
The post Breitbart Business Digest: Expect a Trump Tariff Boom, Not a Recession appeared first on Breitbart.

Trump Says His Tariffs Will Address Unfair Global Trade. Is He Right? – The New York Times

Trump Says His Tariffs Will Address Unfair Global Trade. Is He Right?  The New York TimesDonald Trump’s beautiful trade war  Financial TimesTrump’s complaints about overseas tariffs ignore some of the U.S.’s own  The Washington PostTrump’s new world order all comes down to energy security  The NightlyTrump’s tariff plan signals historic break from global trade: Yergin  Al Arabiya English