Shoppers have been forced to get used to a new normal they plainly resent. While inflation has slowed overall, the costs of things Americans often want or need most continue to rise — like groceries, utilities and housing.
Ed Olson unpacks where refunds stand following the Supreme Court’s decision last week with guests Peter Harrell and Ryan Petersen.
The consensus is that importers (domestic and, ironically, foreign) will receive refunds (the ruling found that the Section 232 tariffs were illegally levied; refunds are the remedy). In some cases, importers will receive what feels like a windfall. The American consumer, who pays the bulk of the tariff costs in the form of higher prices, will not get their money back.
It wouldn’t surprise me if the President offers some token tariff benefit to the public in tonight’s State of the Union address to try to sway public opinion on tariffs, which is overwhelmingly negative.
Bloomberg looks at 12 data points ahead of the midterms
Pretty fun and fascinating conversation. The code in those pull requests — none written by hand. This all changed for him in the last three months.
Let’s hope this passes given the size of our trading relationship (17-18% of US goods exported go to Canada, 74-76% of Canada’s goods exports go to the US).
Waymo will hit more than 1 million paid weekly robotaxi rides in the US by the end of this year.
I absolutely love this — it’ll lead to safer streets and more productive time.