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Republicans inch closer to ending China’s favored trade status

November 8, 2024

Fresh off Tuesday’s red sweep, House Republicans have begun to renew the idea of ending China’s preferential trade status.  They have begun to promote the idea of ending China’s Permanent Normal Trade Relations (PNTR). With Republicans seizing control of the White House and Senate, and being on track for a likely win in the House, the idea that was once considered a longshot now now become a likelihood. ...

‘Act of war’: Biden administration under pressure to respond to Iran’s plot to kill Trump

November 8, 2024

On Friday, U.S. Department of Justice unsealed new charges detailing a thwarted murder-for-hire plot that the Iranian Islamic Revolutionary Guard Corps ordered against Donald Trump in the weeks leading up to the election, adding new pressure for the Biden administration to act. According to a newly unsealed criminal complaint filed in the Southern District of New York, the IRGC ordered an Iranian asset in September to focus on “surveilling”...

FEATURED POST

The Texas senator also highlights a potential “upside,” saying the Trump tariffs could entice other countries to negotiate lower trade barriers.

The Internal Revenue Service (IRS) will slash its workforce by at least 25% beginning Friday with layoffs as the Trump administration continues …