The tariffs are raising $100 billion less than Trump expected. Pantheon Macro sees 3 reasons why, starting with China

    The tariffs are raising $100 billion less than Trump expected. Pantheon Macro sees 3 reasons why, starting with China

    Tariff revenues are dramatically falling short of initial White House expectations, generating roughly $100 billion less than projected, according to a recent analysis from Pantheon Macroeconomics. Treasury Secretary Scott Bessent predicted in August that tariffs would raise “well over half a trillion, maybe toward a trillion-dollar number,” but data compiled through Nov. 25 implies that…

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    Majority of corporate Trump ballroom donors represented by 3 lobbying firms, watchdog says

    Majority of corporate Trump ballroom donors represented by 3 lobbying firms, watchdog says

    The majority of the corporations known to have donated to the fund for President Trump’s new ballroom are represented by three lobbying firms, according to a new report from government accountability watchdog Public Citizen.  Lobbyists from those three firms — Miller Strategies, Ballard Partners and Michael Best Strategies — mingled last month with the president…

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    Trump’s Republican Party insists there’s no affordability crisis and dismisses election losses

    NEW YORK (AP) — Almost two weeks after Republicans lost badly in elections in Georgia, New Jersey, Pennsylvania and Virginia, many GOP leaders insist there is no problem with the party’s policies, its message or President Donald Trump’s leadership. Trump says Democrats and the media are misleading voters who are concerned about high costs and…

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