The math on President Trump's tariff strategy just changed dramatically. What looked like a $4 trillion windfall has shrunk to $3 trillion, leaving budget planners scrambling to adjust their calculations and raising fresh questions about ambitious promises tied to that revenue. The Congressional Budget Office delivered the sobering news this week, slashing its tariff revenue estimate by $1 trillion through 2035. The adjustment reflects both Trump's recent pattern of walking back duties and economists gaining a clearer picture of how goods actually flow into the country.
Jair Bolsonaro has been taken into custody after being determined a "concrete flight risk" while under house arrest. read more
Donald Trump's Ukraine envoy Lt Gen Keith Kellogg is leaving the role, it has emerged hours after a US plan to end the war leaked. read more
In a new 233-page ruling, U.S. District Judge Sara Ellis found that many top officials in President Donald Trump's administration "lied multiple times" under oath. read more
President Donald Trump reversed course this week after excluding certain Brazilian goods from his so-called reciprocal tariffs, a reversal that left one economist stunned on Saturday over what he called a "remarkable admission." "'I tried a policy, and oh, everyone tells me I want the cost of living to be lower, let me reverse it,'" said economist Justin Wolfers, appearing on CNN's "Table for Five" on Saturday. "The only implication is that he's learned what [we] learned in Econ 101: tariffs raise prices!" Trump had initially levied high tariffs on Brazil in part over its prosecution of former Brazilian President Jair Bolsonaro, who has since been sentenced to nearly three decades in prison over his role in an attempted coup after his election loss in 2023. read more
The orange child rapist's surrender plan was actually written by Russia.
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