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.
A woman in Indiana who put off dental surgery because she doesn't know if she can afford the copay. A Florida couple with young children who are depleting their savings. A grandmother in Idaho who plans to sell her car to pay the rent. They are among the tens of thousands Transportation Security Administration officers set to receive another $0 paycheck this week.
Two people were killed and several others badly hurt when an Air Canada regional jet struck a fire truck on a runway while landing at New York's LaGuardia Airport, officials said.
Federal immigration officers have been seen at an airport in Atlanta after President Donald Trump said he'd deploy agents to supplement the Transportation Security Administration during a government shutdown that has caused long lines at security checkpoints across the country.