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Trump's fiscal dominance risk: High tariffs and interest rates long term

Upworthy Friday, 18 July 2025 ()
President Trump seeks to use both monetary policy and trade policy to help the U.S. government reduce the burden of its debt. It's a major departure from what has long been considered best practice for economic policy. Why it matters: The president's arguments for interest rate cuts suggest he…
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Video Credit: Oneindia - Published
News video: Trump AXES Funding for California Rail Project | SLAMS ‘Newscum’ Over $130B ‘Train to Nowhere’ Plan

Trump AXES Funding for California Rail Project | SLAMS ‘Newscum’ Over $130B ‘Train to Nowhere’ Plan 03:22

 In a fiery declaration, U.S. President Donald Trump has officially axed all federal funding for California’s long-delayed and over-budget high-speed rail project. Calling it the “HIGH SPEED TRAIN TO NOWHERE,” Trump accused Governor Gavin Newsom—mockingly dubbed “Newscum”—of overseeing a...

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