Breitbart Business Digest: The Tariff Inflation Scare Is Dead
For months, critics of President Trump’s tariff strategy have warned of an inevitable wave of inflation. That wave turned out to be a ripple, and it seems to have already ended.

For months, critics of President Trump’s tariff strategy have warned of an inevitable wave of inflation. That wave turned out to be a ripple, and it seems to have already ended.

President Donald Trump announced Wednesday that his administration is raising sanctions on Russia in a pressure campaign to bring a close to the Russia-Ukraine war.

The government of leftist Canadian Prime Minister Mark Carney dropped tariffs on American and Chinese imports of steel and aluminum, Reuters reported on Monday – the latest in a string of measures favorable to American commerce in the country.

Treasury Secretary Scott Bessent on Wednesday said that Democrats are aiming to reverse many of the hard-fight gains President Donald Trump has achieved by reining in President Joe Biden’s historic levels of deficit spending.

Poll shows two-thirds of Republicans back president’s protectionist trade agenda, marking a fundamental shift in conservative economic orthodoxy

The St. Louis Federal Reserve released a study claiming that Trump’s tariffs added roughly 0.5 percentage points to consumer inflation. There’s just one problem: the study didn’t actually show that.

The Trump administration floated a bold idea to break China’s monopoly on rare earth minerals and attract long-term investment in U.S. rare earth production.

During an appearance on Fox Business Network’s “Varney & Co.,” Whirlpool CEO Marc Bitzer discussed his company’s $300 million investment in Ohio and credited the Trump administration for making it possible.

President Donald Trump on Tuesday threatened to block imports of Chinese cooking oil in retaliation for China’s apparent blockade of soybeans from the United States.

The External Affairs Ministry of India issued a statement on Thursday indicating that the country is seeking to “expand our energy procurement” from the United States, following President Donald Trump telling reporters the day before that New Delhi is planning to limit its Russian oil purchases.

The final part of our series on this year’s Nobel Prize winners, we examine what happened when economists tested their creative destruction theories against real-world data and discovered what Rust Belt voters have been saying for decades.

President Donald Trump’s 25 percent tariffs on foreign-made cars have scored the nation’s Rust Belt a major manufacturing victory as Stellantis announces a $13 billion investment and plans to reshore production from overseas.

On Tuesday’s broadcast of NewsNation’s “The Hill,” Rep. Troy Downing (R-MT) said that farmers in his state will “hit crisis mode if we can’t get the government open soon” and give them a bridge until trade deals are reached and

Twenty-five years after we opened our markets to China, Beijing celebrated the anniversary by closing its own markets.

It was 25 years ago today President Bill Clinton signed the law granting permanent normal trading relations (PNTR) with China—an action that had catastrophic consequences for American workers.

At every turn, the real-world evidence contradicts the theoretical objections to Trump’s tariffs.

Wednesday, during an interview with Fox News Channel’s “Hannity,” President Donald Trump credited his tariff policy for playing a role in his Middle East peace deal.

A new academic paper attempting to defend the conventional wisdom against Trump’s tariffs unwittingly made the case for them.

Canadian Prime Minister Mark Carney had a jocular visit with President Donald Trump, but came away empty-handed on trade.

On Tuesday’s broadcast of Newsmax TV’s “Rob Schmitt Tonight,” Rep. James Comer (R-KY) weighed in on the possibility of using tariff revenue to bailout farmers by saying that “we need to do something to help the soybean farmers” since they

During an interview with Bloomberg on Tuesday, Sen. Rand Paul (R-KY) stated that the number one issue he has heard from his constituents is the negative impact of tariffs. Co-host Joe Mathieu asked, “Are people at home talking to you

The U.S. Supreme Court began a new term on Monday and is set to rule on several cases that will impact a wide range of highly consequential issues.

President Donald Trump meets with Canadian Prime Minister Mark Carney at the White House on Tuesday, October 7.

Both President Donald Trump and socialist President Luiz Inácio Lula da Silva of Brazil confirmed on Monday that they shared a phone call to discuss the deterioration of diplomatic relations between their countries, a result of Lula’s persecution of conservatives in the country.

According to data from analytics firm Kpler, Russia remained India’s top supplier of oil in September, despite heavy pressure from the United States for India to scale back its imports and choke off Russian President Vladimir Putin’s funding for his war in Ukraine.

The Free Traders Have It Backwards: America Doesn’t Need the World for Quality The next time you order a pint of hazy double IPA, you can thank the diversity, dynamism, and competitiveness of the American economy. Scott Burns of Texas

The White House set a 10 percent tariff on timber and lumber imports and a 25 percent duty on kitchen cabinets, bathroom vanities, and upholstered furniture.

The government of Canada addressed the United Nations on the last day of its annual General Assembly on Monday, but leftist Prime Minister Mark Carney was notably absent, having attended as an audience member for much of last week.

The prices of goods affected by tariffs fell in August, crushing the hopes of everyone at the Cato Institute.

Canadian Prime Minister Mark Carney met with Chinese Premier Li Qiang on the sidelines of the U.N. General Assembly (UNGA) in New York City on Tuesday.

Peter Navarro, senior counselor to President Donald Trump for trade and manufacturing, during a special Founders Roundtable on Breitbart Fight Club said that President Donald Trump has proven the country could use tariffs to reduce its trade deficit.

Trump’s critics insisted tariffs would be the spark that lit a global trade war. But the trade war never arrived.

Indian Prime Minister Narendra Modi gave an address to the nation on Sunday in which he told his citizens to stop using “foreign made” products.

Socialist President Luiz Inácio Lula da Silva of Brazil arrived in New York to open the U.N. General Assembly’s annual “high-level debate.”

Socialist President Luiz Inácio Lula da Silva of Brazil told the BBC in an interview published on Wednesday that his government would have prosecuted President Donald Trump in response to the January 6, 2021, Capitol riot should it have happened in his country.

The Indian Ministry of Commerce and Industry said on Tuesday that trade discussions with a U.S. delegation to New Delhi were “positive” and “forward-looking.”

On Wednesday’s broadcast of NewsNation’s “The Hill,” Sen. Deb Fischer (R-NE) stated that the president’s tariff policy should be given time and she thinks the interest rate cut will help and “the president needs to get some information out there

Welcome to the inaugural Friday Wrap, our weekly survey of the economy, Wall Street, Silicon Valley, and the bureaucrats who pretend they can read the future by staring at spreadsheets.

Once again, the consumer price index has failed to deliver the tariff-inflation spiral that economists and the media have promised.

The August producer price report delivered yet another blow to the doomsayers who predicted President Donald Trump’s tariffs would ignite inflation.
