Trump says tariffs are going to be enough to pay down national debt. It likely won't even touch the sides
Sunday, 17 August 2025 () President Trump says his tariff revenues will both pay down America’s $37 trillion debt and possibly fund a public “dividend,” but Treasury data shows they fall short of even covering monthly interest costs. In exclusive interviews with Fortune, Wharton’s Professor Joao Gomes and AEI’s Desmond…
Russia claims a major victory in Donbass, announcing over 265 Ukrainian soldiers killed in strikes during the liberation of Shcherbinovka, Donetsk. The Defense Ministry released footage showing destroyed artillery, including a US-made M777 howitzer. Putin hailed the offensive by Vostok Group forces,...
President Trump has signed an executive order imposing a 25% "penalty" tariff on India for purchasing Russian oil—while taking a noticeably softer stance on China. Despite U.S. dependency on Chinese..
World News Report: The wait is over, Trump’s turbulent tariff plan has gone into effect. What does this mean for you and your wallet? EU capitulation, Brazil and Canada push back. Brits have had..
President Donald Trump erupted at a reporter who challenged his second-term tariff moves, firing back, “I was fighting lunatics like you,” at a White House event. The clash came after Trump signed..
President Trump says his tariff revenues will both pay down America’s $37 trillion debt and possibly fund a public “dividend,” but Treasury data shows they... Upworthy
Sunday, 17 August 2025 ()
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