On April 2, 2025, President Donald J. Trump declared a national emergency

On April 2, 2025, President Donald J. Trump declared a national emergency in response to significant trade deficits that he argues have weakened the U.S. economy and compromised national security. The declaration invokes the International Emergency Economic Powers Act, allowing the implementation of a 10% tariff on all countries, with higher tariffs on those nations with which the U.S. has large trade deficits. The tariffs aim to address unfair trade practices, encourage domestic manufacturing, and promote reciprocity in trade relationships. The administration asserts that these measures are necessary to protect American workers and ensure economic sovereignty.

The administration highlights that the U.S. has faced disadvantages in international trade, including higher tariffs and non-tariff barriers imposed by other countries. For instance, U.S. tariffs on passenger vehicles are significantly lower compared to those of the European Union and India. By imposing these tariffs, the Trump administration aims to create a level playing field for American businesses and reduce the trade deficit, which exceeded $1.2 trillion in 2024.

Moreover, the White House emphasizes the need to revitalize the domestic manufacturing sector, which has experienced a decline in output and jobs over recent decades. The administration claims that maintaining a robust manufacturing base is essential for national security, especially in critical sectors such as defense and technology. Overall, the tariffs and trade policies are presented as a way to restore America’s competitive edge in the global market and foster economic growth for American workers.

Original: article

In a recent message on National Financial Literacy Month, the President emphasized the importance of financial literacy as a key component of American economic prosperity. The administration is committed to providing essential resources to help Americans of all ages make informed financial decisions, which can lead to increased savings and investments, thereby enhancing household wealth. Additionally, the President’s support for the responsible growth of digital assets and technology is part of a broader effort to strengthen the economy and empower individuals to achieve financial independence.

The Financial Literacy and Education Commission, chaired by the Secretary of the Treasury, plays a crucial role in evaluating and promoting effective financial education programs across various sectors. The President has taken steps to address the cost-of-living crisis by reducing regulatory burdens and ensuring tax relief for American families. This initiative reflects a broader goal of fostering a more efficient marketplace where enhanced financial literacy can lead to greater economic opportunities for all citizens.

The President encourages families, communities, and educational institutions to prioritize financial knowledge and utilize resources available through the Department of the Treasury. This call to action aims to protect the right to economic freedom and ensure that the promise of prosperity is accessible for future generations. The overarching message is one of empowerment, urging individuals to take control of their financial futures through informed decision-making.

Original: article

In March 2025, illegal border crossings in the United States reached a record low, with Border Patrol reporting only 7,181 encounters. This figure represents a remarkable 95% decrease compared to the same month in 2024, as well as significant reductions from previous years, indicating a consistent downward trend in illegal crossings.

Reports suggest that the California-Mexico border has experienced a near halt in migrant crossings, with Border Patrol making considerably fewer arrests compared to peak periods in prior years.

Original: article

On March 31, 2025, President Donald J. Trump signed an Executive Order aimed at addressing exploitative practices in the live entertainment ticketing industry.

This directive assigns the Federal Trade Commission (FTC) the responsibility of enforcing competition laws and enhancing price transparency throughout the ticket purchasing process. The order also highlights the need for action against unfair practices in the secondary ticket market, where scalpers frequently resell tickets at significantly marked-up prices.

The live concert and entertainment industry has a substantial economic impact in the U.S., contributing $132.6 billion and supporting nearly one million jobs. However, the industry faces challenges from unscrupulous middlemen who use automated bots to purchase tickets in bulk and resell them at inflated prices, often forcing fans to pay exorbitant amounts for access. The Executive Order seeks to ensure that artists receive fair compensation and that consumers are protected from excessive fees and unfair pricing.

In line with this order, President Trump has reiterated his commitment to safeguarding American consumers and increasing access to live entertainment. This initiative follows other actions taken by the administration aimed at reducing costs for families, including reforms in healthcare pricing and the termination of congestion pricing in New York City. The FTC, along with the Department of Justice, is expected to report on the progress of these efforts within 180 days, emphasizing the administration’s focus on combating unfair practices in the ticketing market.

Original: article