Collins says certain Canadian goods now tariff-exemptSen. Susan Collins (R-Maine) announced Friday that nine categories of Canadian products “crucial for Maine’s agricultural industries” will be exempted from U.S. tariffs. The types of exempted goods include paperboard cartons, plastic boxes, refrigeration equipment, agricultural cleaning and sorting machinery, packing and wrapping machinery and seaweed…The Hill9h agoWhole story →FoodEconomy
Trump says wind turbine part imports cause national security issue, but doesn't impose tariffsThe Trump administration has determined that imports of wind turbine parts pose a national security threat, but it does not appear to be opting to tariff them. President Trump issued a memo Thursday saying “wind turbines and their components and subcomponents are being imported into the United States under such circumstances as to threaten to...The Hill10h agoWhole story →Economy
Wall Street Journal editorial board hits Marshall for backing Social Security tax increaseThe Wall Street Journal editorial board on Thursday took GOP Sen. Roger Marshall (Kan.) to task for backing an elimination of the cap on income subject to Social Security taxes. Marshall, the Journal editorial board wrote, is in “favor of what would be one of the largest peacetime tax increases in recent decades” by advocating...The Hill16h agoWhole story →Economy
Congress should reassert its role in trade policy after the midtermsAlong with higher oil prices associated with the Iran war, Trump’s tariffs are highly unpopular with the electorate.The Hill16h agoWhole story →SecurityPlanet
Inside the unlikely coalition taking on prediction marketsA fight over who can regulate prediction markets and whether they constitute gambling is creating strange bedfellows, as the two sides dig in for a protracted legal battle with millions of dollars at stake. The commercial gaming industry finds itself aligned with tribal gaming and unions, as they argue states and tribes should be able...The Hill20h agoWhole story →JusticeEconomy
Trump announces he'll use Defense Production Act to increase domestic gas productionPresident Trump invoked the Defense Production Act on Thursday, announcing that the government would be spending $150 million toward boosting domestic gas and diesel production as the White House looks to ease consumer pain at the gas pump. The announcement was made in a presidential memorandum earlier on Thursday, but the president detailed the exact...The Hill1d agoWhole story →PlanetEconomydefense production act invocation
