China will implement more tariffs

Tit-for-tat escalates China announced on Friday that it will implement up to 25 percent tariffs on $60 billion worth of US goods if President Trump follows through with his plan of taxing $200 billion worth of Chinese goods. The move is the latest in a tit-for-tat standoff between the two countries. Tariffs have been increasing […]
  • Ben Norman
  • August 3, 2018
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Chinese companies to cancel purchase of US soybeans

Soybeans shortage in China China’s tit-for-tat tariffs on US exports take effect on Friday, and because of that, Chinese firms are pulling out of their soybean deals. According to the US Department of Agriculture, the country as a whole has denied the purchase of over 1 million metric tons of soybeans. Companies have already resold […]
  • Ben Norman
  • July 5, 2018
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Dow drops as trade war heats up

Trade war traumatizes traders The recent tariffs have certainly lowered investor confidence, but the recent ambiguity over a potential block on China’s investments in US tech firms really worried investors. Recent reports have shown that President Trump will block Chinese companies from acquiring US technology firms and also restrain American companies from selling their tech […]
  • Ben Norman
  • June 27, 2018
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Supreme Court Online Tax Ruling

On Thursday, the Supreme Court ruled that states are now allowed to collect sales tax from online retailers. The vote was close at 5-4. President Trump has been advocating for this ruling since his political venture started and he is happy about the decision.  When news broke about the ruling, Trump tweet, “Big Supreme Court […]
  • Peter Boyer
  • June 23, 2018
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Amazon tightens policy in Australia

Make way for an Amazon-Aussie standoff Starting on July 1st, Australian consumers will face more restrictions from e-commerce giant Amazon. Consumers in Australia will no longer be able to purchase goods from Amazon’s international website (the one that most consumers are used to). They will now only be able to use Australia’s domestic Amazon site. […]
  • Ben Norman
  • June 1, 2018
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S&P companies have returned $1 trillion to shareholders

Shareholders have the tax cut to thank for recent returns The Tax Cuts and Jobs Act, the biggest tax cut in over 30 years, has allowed S&P 500 companies to give back to their shareholders. The cut, which decreased corporate income tax from 35 to 21 percent, allowed for increased stock buybacks and dividends, supplying […]
  • Ben Norman
  • May 28, 2018
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Are we handing over the guns or our rights?

Commotions about gun control have vastly arisen in recent months due to the mass shooting that took place at the Marjory Stoneman Douglas high school in Parkland, Florida on February 14th, 2018. Andrew Pollack, the parent of an 18-year-old victim in the incident, Meadow Pollack has voiced out his thoughts in the matter to the […]
  • Crystal Ng
  • March 5, 2018
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Lobbying Spending Spikes Against Paul Ryan’s Border Tax

Obamacare has proven unexpectedly difficult for Republicans to dismantle. As a result, the GOP is anticipated to focus the bulk of its future efforts on tax reform instead. The new GOP tax plan put forth by House Speaker Paul Ryan includes a border-adjustment tax. Under this type of tax system, all domestic consumption would be taxed, while exports […]
  • Ashley Leader
  • July 22, 2017
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Trump Butts Heads With Canada Over Dairy Tax

Some might be worried about the fights being started overseas but what about the one right in our own back yard? On Tuesday, President Trump attacked Canada about their tax on ultra-filtered milk. It wasn’t long until Trump took to Twitter. Canada has made business for our dairy farmers in Wisconsin and other border states […]
  • Sharnita Sanders
  • April 26, 2017
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