EconAir

    SUMMARY AND UPDATE (12/2025) America's trade deficit was $918 billion in 2024. It is expected to be higher in 2025. China's goods trade surplus in 2024 was just under $1 trillion; based on the first eleven months of 2025, it will be over $1 trillion in 2025. The sharp decrease in exports to the United States has been less than China's increase in exports to the rest of the world. Exports to countries in Asia and Africa were substantially higher . President Trump has partially rescinded the U.S. ban on exporting high-end Nvidia chips to China. The price is that Nvidia has to give part of the sales revenue on these chips to the U.S. government. Trump is negotiating similar deals with the other American chip designers and producers.   TRUMP'S TARIFF STRATEGY The Trump tariff offensive is couched in domestic economic terms and objectives – to reduce the trade deficit, to reduce the fiscal deficit, and to increase domestic manufacturing, especially in technologies with ...

I HEARD THE NEWS TODAY THESE ARE NOT SATIRES. TRUMP AND HIS OFFICIALS ARE TRYING TO PUT ME OUT OF BUSINESS!   The Defense Department has designated its press office as a classified space, off limits to journalists. In the sixth attempt to apply tariffs, the Trump administration announced tariffs on countries with forced labor or importing products made with forced labor. The tariffs were imposed on 86 countries. Among the countries exempted  from tariffs were the only six countries, besides China, the U.S. has accused of using forced  labor. One country apparently accused of using illegal, forced labor was Switzerland. An American spokesperson pointed out the "gnomes of Zurich" as an example. President Trump has extorted over $200 million from large corporations and cryptocurrency entrepreneurs to build a ballroom onto the White House. It will hold 999 people.  The ballroom’s windows will be bullet-proof, which I think is a perfect symbol of the Trump presidency...