Economy

Trump’s 50% Tariff on India Over Russian Oil Imports

SMGN Publishing August 6, 2025

Trump Targets Indian Trade Over Russian Oil Purchases In a bold trade move, President Trump has signed an executive order increasing tariffs on Indian imports to an unprecedented 50%, citing India’s continued purchase of Russian oil amid the ongoing Ukraine conflict. The decision is set to take effect on August

Trump’s 2025 Tariffs on Russia: Global Economic Risks

SMGN Publishing August 5, 2025

How U.S. Secondary Tariffs on Russian Trade Partners Could Reshape Global Markets Former President Donald Trump has proposed sweeping secondary tariffs that would apply to any country continuing to trade with Russia, should Moscow fail to agree to a ceasefire in Ukraine by August 8, 2025. These tariffs, set at

Trump’s 2025 Tariffs: Economic Impact and Global Trade Risks

SMGN Publishing August 4, 2025

U.S. Economy Feels the Pressure of New Tariffs As President Trump implements sweeping new tariffs in 2025, the U.S. economy is beginning to show signs of strain. Initially delayed or partially applied, the full effect is now materializing. Inflation is rising, with both the Consumer Price Index and the Personal

US-Canada Trade Talks Stall Amid Tariff Disputes

SMGN Publishing August 1, 2025

Tensions between the United States and Canada continue to simmer as a self-imposed deadline for a revised trade agreement has passed with no resolution. Amid rising tariffs, domestic political pressure, and economic uncertainty, businesses and policymakers alike are questioning what comes next for the deeply integrated North American market. Rising

Leaders Honored for Commitment to Economic Freedom at Miami Event

SMGN Publishing August 1, 2025

Costa Rican President Rodrigo Chaves recognized at the Champion of Freedom Dinner Costa Rica’s President Rodrigo Chaves received the Champion of Freedom award last Friday during a ceremony held in Miami, hosted by the Adam Smith Center for Economic Freedom at Florida International University (FIU). The recognition was part of

High Noon Recalls Vodka Seltzers Labeled as Energy Drinks

SMGN Publishing July 31, 2025

A labeling error has prompted the recall of select High Noon vodka seltzers in six U.S. states after cans of alcoholic seltzer were mistakenly packaged as Celsius energy drinks. The mix-up, traced to a third-party packaging supplier, could lead to unintentional alcohol consumption, according to public health authorities. While no

Fed Holds Rates Steady Amid Inflation Concerns

SMGN Publishing July 30, 2025

Despite mounting political pressure from the White House, the U.S. Federal Reserve is expected to keep its benchmark interest rate unchanged in its latest policy meeting. With inflation still hovering above the 2% target and the job market appearing stable, central bank officials are opting for a cautious approach while

Why Retail Prices Haven’t Spiked Yet Despite New U.S. Tariffs

SMGN Publishing July 29, 2025

U.S. Tariffs Rise—but Consumer Prices Stay Surprisingly Stable Despite a dramatic escalation in tariffs imposed by the U.S. government, most American consumers have yet to feel the direct impact at the checkout line. In April, President Trump announced new tariffs of up to 145% on Chinese imports, triggering alarm in

US-China Trade Truce Talks Raise Hopes for Extension

SMGN Publishing July 28, 2025

Fresh Trade Talks Begin as China and US Eye Truce Extension Negotiations between the United States and China have resumed, signaling renewed diplomatic engagement between the world’s two largest economies as officials on both sides aim to extend their ongoing trade truce by another 90 days. The meetings, held this

FCC Greenlights Skydance-Paramount Merger

SMGN Publishing July 25, 2025

In a landmark decision that may redefine the future of American entertainment, the Federal Communications Commission (FCC) has approved an $8 billion merger between Skydance Media and Paramount Global. The deal marks a significant shift in the media industry, merging one of Hollywood’s most storied legacy companies with a fast-growing,

$1.7 Billion Powerball Jackpot Builds Momentum as Holiday Drawings Approach

Felipe Cardona December 24, 2025

The $1.7 billion Powerball jackpot has become a dominant topic across the United States as the holiday season intensifies interest in one of the most lucrative lottery runs ever recorded. No jackpot winner emerged from the latest drawing, so the prize has continued its upward climb. It is now positioned

Timothée Chalamet Leads a Frenetic Table Tennis Drama This Christmas

Sarah Olivella December 24, 2025

Timothée Chalamet returns to theaters during the Christmas season with a performance that pushes both physical endurance and emotional volatility, anchoring a fast-moving narrative centered on obsession, ambition, and spectacle. Set against the unlikely competitive world of professional table tennis, the film transforms an underrecognized sport into a dramatic battleground

U.S. Bars European Activists Over Alleged Online Censorship Pressure

Sarah Olivella December 24, 2025

The United States government has imposed entry restrictions on five European individuals accused of coordinating efforts to pressure American technology companies into censoring or suppressing U.S.-based political viewpoints. The decision reflects a broader shift in U.S. foreign policy toward confronting what officials describe as extraterritorial attempts to influence protected speech