Rubio Visits Asia as Trump Raises Trade-War Tensions
Secretary of State Marco Rubio talks about countering China as it expands its global influence. But President Trump’s tariff threats have created friction with U.S. partners.
Immigration Officials Used Shadowy Pro-Israel Group to Target Student Activists
A senior Homeland Security official testified in court on Wednesday that his department had relied in part on an anonymously compiled list to identify foreign academics for investigation.
China rejects German claim it targeted military plane with laser
Germany says a laser fired by a Chinese warship tried to disrupt a reconnaissance plane over the Red Sea.
Red Bull sack team principal Horner after 20 years
Christian Horner is sacked as Red Bull team principal after 20 years in the role.
Global copper market weighs impact of Trump tariff threat
LME price sinks as traders bet any levies will ultimately hit demand for industrial metal
Copper tariffs are the wrong answer to the right question
Trade levies could solve the supply-demand problem but they are a blunt tool
GDP Impact of 87.5K Removals/Yr
From Orrenius et al. (2025), GDP growth is down 0.81% in 2026, 0.49% in 2027. These estimates based on a VAR(2) using annual data, net unauthorized immigration as a percent of the previous-year U.S. population, annual growth rate of nonfarm payroll employment, the PCE annual inflation rate, and yearly GDP growth. Source: Orrenius et al. (2025). PCE inflation is 15 bps and 6 bps higher in 2026 and 2027 under baseline.
Trump threatens to impose 50% tariff on Brazil
US president accuses country of launching a ‘witch-hunt’ against its former leader Jair Bolsonaro
Fed says most policymakers see risks tariffs will cause ‘persistent’ inflation
Minutes from US central bank’s June meeting highlight schism over effect of Donald Trump’s levies
Don’t believe the myth: Britain’s services have been hit hard by Brexit
Export growth has been strong but not lived up to its potential