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Who will pay?: Top Sen. on Trumpnomics
MSNBC· 2025-07-11 16:47
Trade & Tariffs Impact - Tariffs are essentially taxes that will be paid by American companies, small businesses, or consumers, not by other countries [2] - Current actions are perceived as raising costs for families, impacting food prices at grocery stores [3] - Farmers, manufacturers, and small businesses are experiencing uncertainty and chaos due to tariffs, which they consider worse than previous trade wars [3] Brazil-US Trade Relations - The US imports various goods from Brazil, including minerals that are essential for powering cars and energy sectors [1] - These Brazilian imports are also linked to daily routines, such as coffee consumption [1] Economic Policy - The current economic situation is being referred to as "Trump's economy" [2] - Previous promises focused on lowering costs for people [2]
X @Forbes
Forbes· 2025-07-10 07:50
While 11 schools, including Princeton, MIT, and Yale were hit with a higher tax on their endowments’ investment earnings, Congress exempted wealthy small schools, including Swarthmore and Hillsdale, from the levy. https://t.co/In1OQzJLwF (Photo: Jim West/ZUMA Press/Newscom) https://t.co/4lp0kUgwNx ...