https://apnews.com/article/trump-mexico-tariffs-sheinbaum-fentanyl-5fd2fc21950f47e5dbaf5c062c4725b7
President-elect Donald Trump declared a win on stopping illegal immigration through Mexico on Wednesday after talking with that country’s leader. But Mexican President Claudia Sheinbaum suggested Mexico was already doing its part and had no interest in closing its borders.
If anyone was under any delusion that Donald Trump was not going to be as bonkers as he said he would be, then his announcement on Tuesday that he would slap a 25% tariff on all imports from Canada and Mexico (and deeper tariffs on China) should remove all doubt.
“Tariff” has become the economic word of the year thanks to the incoming US president.
It is no surprise that there has been a spike in Americans searching “What is a tariff?” on Google (sadly more people are asking that now, rather than before the election).
The answer is this: a tariff is essentially an import tax.
And despite what Trump might tell you, it is not paid by the country or the company that is exporting things to your country.
https://www.nbcnews.com/news/us-news/trump-picks-john-phelan-businessman-navy-secretary-rcna182003
In a statement Tuesday night, Trump touted Phelan’s “record of success” and said Phelan has “excelled in every endeavor,” including founding and leading Rugger Management LLC, a private investment firm based in Palm Beach, Florida.
https://www.wsj.com/opinion/trump-wields-a-tariff-bludgeon-ae051f6b?mod=hp_opin_pos_0
It’s also possible that Mr. Trump views tariffs not merely as a tool for ad hoc negotiation but as a lever to remake the entire global trading system. In that case he’ll try to build high tariff walls in an attempt to force U.S. and foreign companies to build nearly everything in America. The economic and political harm from that strategy is for another day, but investors can’t rule it out and members of Congress would be wise not to give him that power.
As we wrote during the campaign, tariffs were the main economic risk of his candidacy. Mr. Trump campaigned as the Tariff Man, and he aims to impose them early and often. Get ready for what could be a wild ride.
“Phelan has not served in the Navy. [Or] any other branch of military service,” tweeted Army veteran Paul Rieckhoff, the founder of the nonprofit Iraq and Afghanistan Veterans of America group. “But he is a big Trump donor. The least qualified and most overtly political cabinet in American history continues to expand.”
https://www.israelnationalnews.com/news/399850
The genetic parents of Sophia, born in 2022 following an IVF mixup at Assuta Hospital, respond to her birth parents' appeal to a higher court by requesting a gag on the existence of the entire legal process.
https://www.jpost.com/diaspora/article-830835
This morning, Boteach posted on X that Owens was suing him. “She called 'the most famous Rabbi in America' a murderer and said I run a blackmail sex ring in Hollywood that killed Michael Jackson and brought down black celebrities like Hitler-lover Kanye West and others”
As with many issues in halacha, there are different approaches to Thanksgiving observance. In fact, Rav Moshe Feinstein alone has written four different responsa on topic, spanning several decades.[12] Although in the earlier teshuvos he seems to be against the idea of a Thanksgiving celebration (there possibly was more religious connotations involved in the early 1960s celebrations than in the 1980s), nevertheless, in his later teshuvos he does allow a Thanksgiving observance (he notes that it is not a religious celebration) with turkey being served, as long as it is not seen as an obligatory annual celebration,[13] but rather as a periodical ‘simchas reshus.’ All the same, Rav Moshe concludes that it is still preferable not to have a celebration specifically for Thanksgiving.
The teenager told the court that she lied to her mother to justify why she had been suspended from school for two days over her behavior and repeated absences.
https://pmc.ncbi.nlm.nih.gov/articles/PMC7306406/
About a decade ago a study documented that conservatives have stronger physiological responses to threatening stimuli than liberals. This work launched a paradigm aimed at uncovering the biological roots of ideology. Despite wide-ranging scientific and popular impact, independent laboratories have not replicated the study.
Empirical evidence suggests that conservatives and liberals don’t just have different outlooks and opinions—they also have different brains. This means that our choice of political affiliation and overall worldview may not really be all that much of a choice. Still, we must work to understand these psychological and biological distinctions so that we can ultimately use this knowledge to work together and find middle ground. Such information may also make us less vulnerable to those who want to exploit these dispositions for their own selfish agendas by using tactics like fear-mongering.
Farm state Republican lawmakers like Grassley have been wary of how Trump’s threat for broad tariffs on the campaign trail could roil the U.S. agriculture sector again, just as American farmers are still recovering from Trump’s 2018 trade war against China.
Beijing slapped crippling retaliatory tariffs on U.S. farm products, which devastated farmers and rural communities, where Trump has strong electoral support. His administration used $28 billion in federal funding from the Agriculture Department to support farmers affected by his trade war.
