Trade Policy - The Trump administration is subtly weakening certain tariffs that support the president's key economic policies [1]

Labour rules devised in the 20th century are hobbling Europe in the 21st https://t.co/bWfAzlQ0dQ ...

Japan will sell benchmark 10-year bonds on Thursday, just two days before the ruling party elects a new leader in a key vote that will determine fiscal and economic policy https://t.co/iMAeBZhRZt ...

Industry Focus - Politicians worldwide are overly focused on factories [1] - This focus is based on myths and will be counterproductive [1]

Our analysis of manifestos, speeches and policies suggests Europe’s far right has become more economically moderate as it’s matured. That does not mean it would bring growth https://t.co/M8AYrkKa50 ...

Trade Policy & Economic Impact - Tariffs are considered vital for the country's economic well-being, preventing it from becoming a "very poor nation" and being taken advantage of [1] - The imposition of tariffs is seen as a tool to generate substantial revenue, potentially bringing "trillions of dollars" into the country [1] - The country has secured a deal with the European Union, expecting to receive almost $1 trillion [3] - Tariffs are viewed as essential for maintaining the country's power, prestige, and dignity, contributing to its economic prosperity [4] International Trade Relations - The country has engaged in trade deals with various nations, including Japan and South Korea [4] - Previously, the country collected "hundreds of billions of dollars" in tariffs from China [3] Legal & Political Considerations - A significant case before the Supreme Court is highlighted, with the outcome potentially determining the country's economic future, either leading to being "unbelievably rich again" or "unbelievably poor again" [2][5]

Federal Reserve Independence & Economic Impact - The report highlights concerns over potential partisan interference with the Federal Reserve (Fed), crucial for managing economic risk and preventing financial crashes [3] - The report suggests that Trump's actions could lead to a "MAGA takeover" of the Fed, which is viewed negatively by the finance industry [3] - The report draws a parallel to Turkey, where an authoritarian ruler's interference with the central bank led to soaring inflation of 80% [16] - The report emphasizes the historical importance of the Fed's independence for a thriving free market, contrasting it with autocratic control seen in examples like Maoist China [19] Trump Administration Actions & Legal Challenges - The report focuses on President Trump's efforts to exert control over the Fed, including attempts to fire Lisa Cook, a member of the independent Federal Reserve [1][5] - The report mentions a Department of Justice (DOJ) investigation into Lisa Cook's mortgage application before she took office, viewed by financial experts as a pretext for consolidating power over the Fed [6] - The report indicates that Cook is challenging Trump's actions in court, arguing he lacks the authority to remove her [9][10] - The report suggests that the Supreme Court has previously acknowledged the Fed's protected and independent status, potentially leading to a court clash over Trump's actions [13] Broader Concerns about Autocratic Tendencies - The report raises concerns about Trump's broader efforts to undermine career independence across the federal government, drawing parallels to actions taken during the "Musk era" [11][12] - The report highlights Trump's attacks on Republican critics, including Chris Christie, and legal actions against Democrats, raising concerns about abuse of power [26] - The report mentions the administration taking a 10% equity stake in chipmaker Intel, raising questions about government control over private companies [29]

Economic Inequality & Policy Critique - From 1979 to 2019, US worker productivity grew by 59.7%, while wages only increased by 13.7%, creating a 46% gap in potential earnings [2][3] - The top 1% saw a 160% income increase, and the top 0.1% experienced a 3605% income increase over the same period [4] - The middle class share of total US household income dropped from 62% in 1970 to 43% in 2022, while the upper-income share rose from 29% to 48% [5] - Trade deals like NAFTA displaced approximately 683,000 US jobs, primarily in manufacturing [6] - Displaced workers often experienced an average annual pay decrease of $7,900 when forced into lower-wage work [7] Proposed Policy Solutions - Advocate for universal healthcare to reduce economic insecurity tied to jobs, noting countries with universal systems spend 30-50% less per person with better health outcomes [11] - Support universal and subsidized childcare, citing Quebec's model which increased female labor force participation and generated new tax revenues [12] - Propose a national affordable housing infrastructure plan with zoning reform and anti-speculation measures, noting investors account for 30% of single-family home purchases [13][14] - Recommend investing in resilient clean energy infrastructure to create union jobs and reduce vulnerability to climate shocks [15] - Suggest implementing a national carbon price and reinvesting revenues into transition assistance for workers in fossil fuel industries [16]

Australia aims to scrap more “nuisance tariffs” and clear a huge backlog of environmental approvals for new homes as part of its initial response to an economic summit https://t.co/NKZZzDvAxD ...

Economic Policy - Trump aims to leverage corporate America to advance economic and foreign policy objectives [1]