Matt Gagnon discussed the recent trade deal between the U.S. and Japan, highlighting President Trump’s announcement of a 15% tariff on Japanese auto exports, down from the threatened 25%. Gagnon criticized the deal, noting it fails to achieve true free trade and will increase the cost of imports and exports. He argued that higher tariffs lead to less trade, potentially exacerbating inflation. Gagnon also criticized the use of tweets for major announcements and questioned the long-term economic impact, suggesting that the revenue from tariffs would be insufficient to significantly reduce the budget deficit.
Authorities knocked on doors Monday searching for any video there might be of the Brown University gunman, who could be seen in grainy footage walking away from the weekend attack that killed two students and wounded nine others.
A person of interest detained after a Brown University shooting that killed two students and injured nine will be released after law enforcement authorities determined there was no basis to keep the individual in custody, officials said Sunday night.
Days of torrential rain in Washington state caused historic floods that have stranded families on rooftops, washed over bridges and ripped at least two homes from their foundations, and experts warned that even more flooding expected Friday could be catastrophic.
Sweeping taxes on imports have cost the average American household nearly $1,200 since Donald Trump returned to the White House this year, according to calculations by Democrats on Congress' Joint Economic Committee.