politics

American buyers will soon face higher prices for foreign-made goods if President-elect Donald Trump carries out expected hikes in US import tariffs. On the campaign trail, Trump promised tariffs on all imports from 10 to 20 percent, with a special rate of 60 percent on all imports from China. Goods likely to see the largest proportional price increases are those facing currently low applied tariff rates and those that are sourced disproportionately from China.

Progressive icon was reelected for another six years in November.

Summary

Republican candidate Jefferson Griffin is challenging 60,000 ballots in North Carolina’s state supreme court race after narrowly losing to Democrat Allison Riggs by 734 votes.

Griffin alleges that voters lacking required registration details, like a driver’s license or Social Security number, were ineligible to vote.

Riggs’ lawyers argue these claims had been rejected pre-election and lack legal merit, as affected voters followed existing rules.

The state board’s decision could escalate to the courts.

This case has broader implications for election laws and Democratic control of the court amidst Republican legislative efforts to reshape election oversight.

Summary

U.S. inflation appears stuck at moderate levels, with November’s consumer price index expected to show little progress in reducing core inflation.

Persistent rent, car prices, and insurance premiums are contributing factors, complicating the Federal Reserve’s goal of lowering inflation without slowing the economy.

Trump’s proposed tariffs and deportation plans are expected to be inflationary, adding uncertainty to the economic outlook.

While wealthier Americans benefit from rising asset values, less well-off consumers face greater financial strain.

2,800 word fact check

Embracing populism could help the party build a lasting political coalition—if the Republicans don’t do it first.

Quite similar to when Osama Bin Laden was celebrated as an anti-Soviet freedom fighter

Summary

Manhattan DA Alvin Bragg has proposed a non-prison sentence or delaying sentencing for Donald Trump in his hush money conviction to address concerns over presidential immunity without dismissing the case.

Trump was convicted of 34 felony counts in May for falsifying business records tied to a hush money payment to Stormy Daniels during the 2016 election.

Bragg rejected Trump’s argument for case dismissal based on immunity as president-elect, stating no such legal protection exists and emphasizing the importance of upholding the jury’s unanimous verdict and the rule of law.