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fromFortune
5 hours ago

Trump team's justification for tariffs was rebalancing the trade deficit-it's not going the way they wanted | Fortune

President Trump hates the United States' trade deficit. Indeed, he is so concerned about the "economic and national security risks" the deficit creates that he imposed a tariff regime that raised geopolitical tensions across the globe.The only problem is that his tariffs don't appear to be rebalancing the huge volume of goods and services the U.S. imports, versus its declining exports.
US politics
California
fromThe Mercury News
5 days ago

Why don't I feel California as world's 4th largest economy?

California's economy reached an annualized GDP of $4.296 trillion in Q3 2025, reclaiming the world's fourth-largest economy spot ahead of Japan by $16 billion.
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