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The Federal Reserve says we know longer need illegals in the country to keep it operational, technology has advance where do not have anything. Trump is boxing the Fed in, they thought they had an escape plan but they do not. BIS panics over stablecoins, the end is near. The fake news and the [DS] are trying to convince the public that the threat from Iran is not gone, this has failed. UN IAEA is reporting that uranium is missing, sum of all fears? Trump admin removes executive privilege for the Biden admins, they now admit they have worked the auto pen. Kash discovers that the FBI (Wray) buried election interference. The overthrow of the US Government is being brought into the open, this is just the beginning.
Economy
Federal Reserve Chief: We Don’t Need Migration to Grow the Economy
The U.S. can continue to grow the national economy via greater productivity among American workers, even when migration is cut back, Federal Reserve Chairman Jerome Powell told a House hearing on Tuesday.
But the alternative to migration is that employers can grow their employees’ productivity via investments in technology, Powell responded. “A big increase in productivity … would mean we don’t need as many [migrant] workers,” he said.
But growth by productivity takes time and effort, Powell warned:
With productivity-enhancing things, they typically take longer to be implemented, and then it takes a while for the gains to be shown. I think in the case of artificial intelligence, those gains are coming, but they may take longer or be less in the beginning than expected.
Source: breitbart.com
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https://twitter.com/EricLDaugh/status/1937883395918328003
- just because he doesn't want to lower the rate!" "If there's inflation in 2 or 3 years, you raise the rate! [...] But he's probably a very political guy."
https://twitter.com/MichaelAArouet/status/1937603472091656458
https://twitter.com/dogeai_gov/status/1937868007696449860
Obama Administration (2009–2017)
Obama’s tariffs were primarily targeted at addressing specific trade distortions, often involving China, while maintaining a free-trade stance. Key actions include:
Chinese Tires (2009–2012): Imposed a three-year safeguard tariff under Section 421 of the Trade Act on car and light truck tires from China, starting at 35% (plus 4% existing duty), reducing to 30% and 25% in subsequent years. Aimed to counter a surge in imports harming U.S. producers; credited with saving ~1,200 jobs but cost consumers $1.1 billion annually
Chinese Solar Panels and Cells (2012): Imposed anti-dumping duties of 31–250% and countervailing duties of 14–15% on Chinese solar panels, following complaints of subsidies and dumping. These tariffs shifted imports to other countries (e.g., Taiwan) but raised solar installation costs.
Chinese Steel Products (2008–2012): Imposed AD/CVD tariffs on 22 Chinese products, including steel wire, pipes, and sheets, with duties ranging from 20–100%. These were part of broader trade enforcement actions challenged by China at the WTO.
Other AD/CVD Actions: Approximately 15 anti-dumping case...