Updated Jan. 16, 2026, 5:39 p.m. ET A new Canadian trade deal with China allowing 49,000 Chinese electric vehicles into the country at a lower tariff rate was swiftly criticized by senior Trump administration officials as well as the leader of Canada’s main automaking province. “China now has a foothold in the Canadian market and…
President Donald Trump has floated the idea of sending $2,000 tariff dividend checks to Americans. Will it happen? You can place your bets. Bettors on prediction betting sites such as Polymarket and Kalshi seem to be skeptical. President Trump recently suggested the possibility of checks from tariff revenue. “A dividend of at least $2000 a…
President Donald Trump is exempting a wide range of agricultural items from his reciprocal tariffs amid concerns about consumer prices, slashing levies on beef, coffee, chocolate, bananas, tomatoes, oranges and other products as affordability has become a growing political issue. The White House announced Nov. 14 that Trump signed an executive order exempting certain products…
President Donald Trump sparked new stimulus check conversations on Sunday, Nov. 9, when he posted on social media that a $2,000 dividend from tariffs would be sent to some Americans. “We are taking in trillions of dollars and will soon begin paying down our enormous debt,” Trump wrote on Truth Social. “A dividend of at…
Colorado voters resoundingly approved a ballot measure Nov. 4 to raise taxes on high-income households to pay for free school meals for all students at public K-12 schools. A separate measure also approved by a large margin allows the state to retain excess revenue already collected for the Healthy School Meals for All program, exempting…
Federal Reserve Chair Jerome Powell poured cold water on hopes for a holiday rate cut, dialing back expectations as the labor market cools and inflation persists. Powell said a December cut is far from guaranteed. Even as the central bank on Oct. 29 trimmed its benchmark federal funds rate to a range of 3.75% to…