What to Expect From U.S.-Mexico Relations Under New President Sheinbaum

What to Expect From U.S.-Mexico Relations Under New President Sheinbaum

Claudia Sheinbaum, who won Mexico’s June presidential election with 59% of the vote, will take office in October 2024. She succeeds President Andrés Manuel López Obrador (AMLO) and shares his political affiliation as a member of the National Regeneration Movement (MORENA).

Consumers Haven’t Noticed a Price Hike from Tariffs…and Tariffs Aren’t a Sales Tax

Consumers Haven’t Noticed a Price Hike from Tariffs…and Tariffs Aren’t a Sales Tax

In recent years, tariffs have been at the center of heated Washington debate. Critics claim that tariffs are a “hidden sales tax” passed on to consumers in the form of higher prices. But in the wake of the 2018 “Trump tariffs,” America’s consumers haven’t experienced noticeable price increases.

Trump Says Tariffs and Economic Growth Will Pay For Tax Cuts, Help Reduce Deficits

Trump Says Tariffs and Economic Growth Will Pay For Tax Cuts, Help Reduce Deficits

There’s a nearly $2 trillion fiscal deficit, and of course the record $1.12 trillion goods deficit. And one way to bring that down is to produce revenue via trade – also known as tariffs. To some, that’s a dirty word, Trump told an ABC news affiliate in Las Vegas this weekend.