ECONOMICS

Following Donald Trump’s imposition of 25% tariffs on Canada and Mexico, as well as retaliatory tariffs from Canada, trade across North America’s borders has suddenly become much more expensive.

This map, via Visual Capitalist's Niccolo Conte, shows how much different U.S. states’ trade is impacted by these tariffs, by visualizing each state’s combined share of imports from Mexico and Canada in 2024.

The visualization uses data from the U.S. International Trade (more…)

German conservative leader Friedrich Merz has reportedly reached a tentative agreement with the Green party on the giant debt-funded spending package for defense and infrastructure.

As a reminder, Merz’s Christian Democratic-led bloc and the SPD are rushing to secure a supermajority in parliament to approve sweeping constitutional amendments that would release defense spending from debt restrictions and set up a €500 billion ($542 billion) fund for infrastructure investment.

The (more…)

Authored by Brandon Smith via Alt-Market.us

Ever since the days of Herbert Hoover and the official start of the Great Depression the concept of trade tariffs has been readily demonized across most of academia and among the majority of modern economic ideologies. It is actually one area where globalists and free market economists tend to align (though each group has very different reasons).

Proponents of Adam Smith’s free market philosophy or Ludwig Von Mises and his Austrian school (more…)