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Showing posts from February, 2025

The Trump administration rolls out substantial new import tariffs targeting China, Mexico, and Canada.

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  President Donald Trump has introduced significant new tariffs on significances from Mexico, Canada, and China, marking a major shift in trade policy. The advertisement was made on Saturday at his Mar-a-Lago resort, where he inked the administrative order. The administration claims the tariffs aim to reduce the affluence of illegal medicines and undocumented emigrants into the U.S. still, critics advise that these measures could lead to advanced prices for everyday particulars like avocados, shoes, and buses , impacting American consumers. In response, Mexican President Claudia Sheinbaum blazoned plans for retaliatory tariffs, while Canadian Prime Minister Justin Trudeau stated that Canada is ready to respond. The move is anticipated to provoke countermeasures, potentially sparking a trade war that could harm the husbandry of the U.S. and the targeted nations. To address implicit retribution, Trump’s order includes a provision allowing him to expand tariff...

Trump Administration Offers Nearly 2 Million Federal Employees a Paid Resignation Option.

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  The Trump administration has introduced a new initiative allowing federal employees to opt for a "deferred resignation." Under this program, workers can agree to resign now but continue receiving their salaries through September. According to a senior administration official who spoke with NBC News, approximately 5%-10% of the federal workforce is expected to take this option. This could result in savings of around $100 billion. The offer is available to all full-time federal employees, with exceptions for military personnel, U.S. Postal Service workers, roles tied to immigration enforcement and national security, and other positions excluded by specific agencies. In a statement, White House press secretary Karoline Leavitt emphasized that American taxpayers fund federal salaries and deserve employees who are committed to their roles. "If federal workers prefer not to work in government offices and contribute to the nation's progress, they are free to pursue other ...