Thousands of U.S.-bound packages shipped by UPS are trapped at hubs across the country, unable to clear the maze of new customs requirements imposed by the Trump administration.
Just one of the many problems caused by the current administration.
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This president's administrations, 2017 to 2021 and 2025 to ?, have imposed tariffs on China resulting in China refusing to buy soybeans from American farmers.
In the first term, "The fallout was so painful that the administration delivered more than $20 billion in aid to farmers."
In the first year of this second and final term, "Republican lawmakers have estimated that, this time around, farmers could need as much as $50 billion in economic support."
"Treasury Secretary Scott Bessent even blamed the Biden administration for the predicament."
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Donald Trump is wrong about tariffs. Time will tell the tale.
If the worm that ate a portion of Bobby Kennedy Jr.’s brain had spawned offspring that entered the brains of Donald Trump, JD Vance and Elon Musk they at least would have an excuse for this retro economic gambit.
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Discussing:
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- Trump Speech Uses Merit, but Misses Point (1 reply)
- Millionaire tax that inspired Mamdani fuels $5.7 billion haul in Massachusetts (1 reply)
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TN Politics
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- Tennessee House, Senate speakers disagree with Trump pardons (TN Lookout)
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Knox TN Today
- Lady Vols secure another in-state win (Knox TN Today)
- $7.7 million grant will enhance Seven Islands State Birding Park & more (Knox TN Today)
- Knox the Fox going to UTK Parade (Knox TN Today)
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- HEADLINES: World news to local special Open House, monthly Art Walk & more (Knox TN Today)
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Local TV News
- One Knoxville SC to break league attendance record with championship match (WATE)
- JD Vance lands at McGhee Tyson Air Base for East TN fundraiser (WATE)
- Flat Creek Road in Sevier County closed due to grass fires (WATE)
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Wire Reports
- Trump Live Updates: Bondi Assigns Prosecutor to Look Into Epstein’s Ties to Prominent Democrats - The New York Times (US News)
- Stock Market Today: Dow Slips, Nasdaq, S&P 500 Turn Higher; Bitcoin Falls— Live Updates - The Wall Street Journal (Business)
- Cops, protesters injured and 21 arrested after scuffles erupt during Broadview ICE facility protest - Chicago Sun-Times (US News)
- Walmart CEO Doug McMillon announces his surprise retirement at age 59 - AP News (Business)
- Storm slams Southern California as record-breaking rain possible this weekend - Los Angeles Times (US News)
- Judge officially drops 3 charges in Georgia's Trump 2020 election interference case - CBS News (US News)
- Trump cuts tariffs on goods like coffee, bananas and beef in bid to slash consumer prices - CNBC (US News)
- Better late than never: The delayed September jobs report will be out next week - NPR (Business)
- Warren Buffett's Berkshire Hathaway reveals new position in Alphabet - CNBC (Business)
- 43-year-old democratic socialist who's never held elected office unseats Seattle Mayor in another win for affordability politics - Fortune (US News)
- Indiana redistricting push likely dead despite White House pressure - Politico (US News)
- 'I'm not buying Starbucks and you shouldn't either.' Seattle Mayor-elect Katie Wilson joins striking baristas - KUOW (Business)
- Bitcoin sinks to six-month low as risk-off sentiment persists - Reuters (Business)
- South Carolina to carry out third firing-squad execution this year - The Guardian (US News)
- JPMorgan Chase wins fight with fintech firms over fees to access customer data - CNBC (Business)
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