World/Trade

Rand Paul Says GOP Senators Fear Speaking Out as Trump’s China Tariffs Slash Soybean Exports and Threaten Farmers🔥67

10/26/2025•World > Trade

•Lawmakers from farm states fear political backlash if they speak out publicly.
•U.S. soybean exports to China have plunged 51% since tariffs were reimposed.
•The export drop has caused an estimated \$2.6 billion in farm losses.
•Farmers face mounting bankruptcy risks amid inflation and high input costs.
•Many rural economies are struggling with low prices and rising loan delinquencies.

10/25/2025•World > Trade

10/15/2025•World > Trade

9/22/2025•World > Trade

•Trump said Milei has brought Argentina “out of oblivion” and restored its global standing.
•He signaled openness to a potential U.S.-Argentina trade agreement.
•Argentina and the U.S. already share significant trade, including agriculture, energy, machinery, and critical minerals.
•Argentina holds vast lithium reserves and the Vaca Muerta shale formation, making it a key strategic partner.

9/1/2025•World > Trade

•The U.S. Court of Appeals for the Federal Circuit ruled 7-4 on August 29 that many tariffs exceeded presidential authority.
•The ruling is stayed until October 14 to allow an appeal to the Supreme Court.
•The tariffs struck down involve imports tied to trade deals with the EU, Japan, South Korea, and others.
•Tariffs on steel, aluminum, and automobiles remain unaffected.

8/28/2025•World > Trade

•The rule previously allowed small packages to enter tariff-free with minimal customs checks.
•Closure first applied to China and Hong Kong in May, now expanded worldwide.
•Customs and Border Protection processed 1.36 billion de minimis shipments in 2023, up from 139 million in 2015.
•The change aims to curb fentanyl smuggling and address unfair competition faced by U.S. businesses.

8/27/2025•World > Trade

•Russian crude now makes up about 40% of India’s oil imports, up from negligible levels before the Ukraine conflict.
•U.S. has imposed new tariffs of up to 50% on Indian goods, effective Wednesday.
•Tariffs could reduce Indian exports to the U.S. by over 40%, amounting to nearly \$37 billion in losses this fiscal year.
•Key labor-intensive sectors—textiles, gems, jewelry, and leather—face major job losses due to shrinking U.S. demand.

8/22/2025•World > Trade

•Decision aims to de-escalate trade tensions and rebuild trust
•Tariffs were originally imposed in response to U.S. measures on steel, aluminum, and other sectors
•Move expected to lower costs in industries such as steel, agriculture, and consumer goods
•Canadian government frames decision as a step toward stability, not a concession

8/2/2025•World > Trade

•Fetterman admitted Democrats misjudged the impact of tariffs, noting economic stability and market growth.
•Early predictions warned of recession and job losses due to tariffs, but those fears have not materialized.
•The senator highlighted strong stock markets, job creation, and improved trade balances as positive outcomes.
•Tariffs raised over \$3 trillion in revenue since their enactment, but also increased consumer prices and reduced GDP growth.

7/31/2025•World > Trade

7/30/2025•World > Trade

•15% tariff imposed on all South Korean imports to the United States
•U.S. exports to South Korea will face zero tariffs
•South Korea commits to invest \$350 billion in U.S. projects
•Agreement includes South Korea purchasing \$100 billion in U.S. energy products, including liquefied natural gas