Four years ago, The Guardian published a landmark expose in climate journalism that detailed a coming "carbon bomb" of oil and gas projects. Damian Carrington and Matthew Taylor reported that the projects included plans to explore for, drill, frack, refine, and transport enough additional oil and gas to equal 10 years of China's planet-warming emissions.
Since this president took office last year, his reckless trade policies have forced American families to pay more than $1,700 each in tariff costs. Spanberger's $1,700 figure is roughly in line with multiple estimates by groups that study the tariffs' effect. These groups, which represent diverse political ideologies, used different metrics to calculate the tariffs' cost to American households.
Automakers are facing billions of dollars in additional costs from Trump's tariffs, particularly those levied on imported autos and car parts. Those tariffs, as well as levies targeting steel and aluminum, were implemented under a law that gives the president authority to impose import taxes on national security grounds. The duties were unaffected by the Supreme Court's ruling that struck down Trump's broader import taxes imposed on many countries.
The European Commission, the EU's executive arm, will next week propose new rules that are expected to include a requirement for companies in strategic sectors to produce in Europe if they want to receive public money. But the definition of "European preference" has triggered debate, with calls especially from France for more "Made in Europe", while other EU states such as Germany call for "Made with Europe".
"A rift has opened up between Europe and the United States. Vice President JD Vance said this very openly here in Munich a year ago," Merz said. "He was right. The culture war of the MAGA movement is not ours," Merz said, referring to US President Donald Trump's "Make America Great Again" slogan. "Freedom of speech ends here with us when that speech goes against human dignity and the constitution. We do not believe in tariffs and protectionism, but in free trade."
Nucor ( ) has delivered strong returns since President Trump imposed tariffs on imported steel last year. The stock has climbed 16% year-to-date in 2026 and gained 41% over the past 12 months, outperforming broader market indices amid protected domestic pricing. Higher tariffs - reaching up to 50% - shielded U.S. producers from cheap foreign imports, boosting revenues for companies like Nucor. However, reports indicate Trump is now considering scaling back these measures.
Trump's historic cuts to foreign aid, his overhaul of US trade policy, and his sweeping changes to immigration admissions have all had an outsized impact on Africa, though he gave the continent only slight mention in his wider global agenda. Amid the upheaval, the Trump administration has sought to forge new, bilateral agreements with African countries, focused on resources and security gains.
Any Republican, in the House or the Senate, that votes against TARIFFS will seriously suffer the consequences come Election time, and that includes Primaries! Our Trade Deficit has been reduced by 78%, the Dow Jones has just hit 50,000, and the S&P, 7,000, all Numbers that were considered IMPOSSIBLE just one year ago. In addition, TARIFFS have given us Great National Security because the mere mention of the word has Countries agreeing to our strongest wishes.
The US has spent the better part of a decade now trying to kneecap China's domestic semiconductor industry by limiting access to key chipmaking technologies like extreme and deep ultraviolet (EUV / DUV) lithography. However, US export policy under the past two administrations has largely targeted specific companies like China's Semiconductor Manufacturing International Corp (SMIC), rather than blocking sales at a country level.
As tensions simmer between the European Union and the U.S. over the Trump administration's trade policies and its play for Greenland, we've been hearing about the EU's economic "bazooka." What is it? AILSA CHANG, HOST: Things are quite tense right now between the U.S. and the European Union. Sources of that tension include the Trump administration's trade policies and its play for Greenland, which, in turn, has led to talk about the EU's anticoercion mechanism, also known as its economic bazooka.
Trade policy, affordability, and border access issues affecting the sector were top of mind for delegates from Canada, the United States, and Mexico, as is the upcoming USMCA review due for mid-summer. Jennifer Babcock of the Canadian Cattle Association sat down with RealAgriculture's Shaun Haney to recap the main issues raised at the trilateral meetings. Babcock, who leads government and international affairs work for the CCA, said those meetings addressed how trade, regulation, and market access intersect in a sector where cattle and beef routinely cross borders. She said the USMCA review remains a focal point for industry groups working to maintain established trade flows.
There's strong momentum in the cattle industry right now with tight supply and high demand driving well-earned profitability across North America, though concerns remain about long-term supply without cowherd expansion. Trade is a central theme of this year's conference, with tri-national cooperation among the U.S., Canada, and Mexico and the upcoming USMCA review seen as critical to maintaining a "do no harm" approach for beef markets.
If something sounds too good to be true, a realist would suggest that's because it might be. When President Trump promised on the campaign trail to "end inflation," it might have been one of those moments. Economists may have been surprised by the campaign pledge because low, stable inflation is a symptom of a healthy economy. When consumers can expect relative price rises, they can plan their spending and saving accordingly, while businesses can also reasonably budget for increased costs.
It might seem obvious enough, one year into Donald Trump's second term, that he will leave behind an enormously destructive-and plenty durable-domestic legacy. He is the president who urged on a violent insurrection, transformed a major political party into his personal cult, and yanked America in a far more nativist direction. The old free-trading Republicans are now full converts to Trump's manic tariff regime. Meanwhile, the Supreme Court and the federal judiciary are stacked with Trump appointees, validating his right-wing policy.
A minister has said it would be absolutely bonkers for the UK not to engage with China after Donald Trump criticised Sir Keir Starmer's visit to the country. The prime minister met Chinese President Xi Jinping on Thursday as he made the case for a more sophisticated relationship between the two countries, before touching down in Shanghai for the next leg of his trip. The US president then warned overnight that it would be dangerous for Britain to do business with China.