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.
They gathered at the Washington National Cathedral on Thursday — former presidents, vice presidents, sworn political foes and newfound friends — in a show of respect and remembrance for Dick Cheney, the consequential and polarizing vice president who became an acidic scold of President Donald Trump.
Melania Trump and Usha Vance took their first trip together, spending time in North Carolina on Wednesday with service members and their families to show appreciation for their service and sacrifice as the holidays approach.
Members of the Sackler family who own OxyContin maker Purdue Pharma must pay billions of dollars to settle a flood of lawsuits over the harms of opioids, in a new deal formally approved by a federal bankruptcy judge on Tuesday.
The House voted overwhelmingly in favor of a bill Tuesday to force the Justice Department to publicly release its files on the convicted sex offender Jeffrey Epstein, a remarkable display of approval for an effort that had struggled for months to overcome opposition from President Donald Trump and Republican leadership.
