David Kirkpatrick in the NEW YORKER now with a detailed piece on just some of the graft and profiteering by Trump and the family over the past year, which, exclusive of whatever he has made from selling pardons and the Qatari account he established and uses for the revenues from Venezuelan oil sales, has now reached $4 BILLION! Here is the intro to the article:
“This past summer, I set out to tally up just how much the Trumps have made off the Presidency—to sum it all up in a number. The total then was $3.4 billion. Nearly six months later, at the end of Trump’s first year back in the White House, I am updating my reporting: the total has now reached four billion dollars.
Trump promised at the start of his first term that neither he nor his family would ever do anything that might even be “perceived to be exploitive of the office of the Presidency.” But all the deals I included in my tally do precisely that. A few of the Trump family’s recent deals—such as those with the Saudis, or the crypto exchange—even create the appearance of a potential payoff. When asked recently why he had abandoned his former restraint, Trump told the Times that he had discovered “nobody cared.” Is the public really so nonchalant? A year in, the Presidential money-making continues.”
Tariffs>Deficits soar 94%
-
Rideback
- Posts: 4132
- Joined: Fri Nov 12, 2021 5:53 am
- Contact:
-
Rideback
- Posts: 4132
- Joined: Fri Nov 12, 2021 5:53 am
- Contact:
-
Rideback
- Posts: 4132
- Joined: Fri Nov 12, 2021 5:53 am
- Contact:
Tariffs>Deficits soar 94%
https://www.cnbc.com/2026/01/29/trade-b ... ToFacebook
The U.S. deficit with its global trading partners nearly doubled in November as the shortfall with the European Union swelled.
Following a month where the trade deficit hit its lowest level since early 2009, it shot up to $56.8 billion, an increase of 94.6% from October.
A boat moves past a cargo ship with containers at a terminal of the Yantian port in Shenzhen, Guangdong province, China October 30, 2025. REUTERS/Tingshu Wang
A boat moves past a cargo ship with containers at a terminal of the Yantian port in Shenzhen, Guangdong province, China October 30, 2025.
Tingshu Wang | Reuters
The U.S. deficit with its global trading partners nearly doubled in November as the shortfall with the European Union swelled and the impact of President Donald Trump’s tariffs worked their way through the economy, the Census Bureau reported Thursday.
Following a month where the trade deficit hit its lowest level since early 2009, it shot up to $56.8 billion, an increase of 94.6% from October. Of that gain, about one-third came with the European Union, where the goods deficit rose by $8.2 billion. The goods deficit with China decreased by about $1 billion to $13.9 billion.
On a year-over-year basis, the deficit through November stood at $839.5 billion, or about 4% higher than the same period in 2024.
The increase in the deficit counters Trump’s efforts to use tariffs to reduce imbalances around the globe. When announcing so-called reciprocal tariffs in April 2025, the White House used the level of trade deficits with varying countries as a baseline for determining the duties.
As the year went by, Trump softened his stance. A framework agreement between the U.S. and the EU in August put the tariff rate at 15% on most European goods and sought to stabilize relations between the two sides."
The U.S. deficit with its global trading partners nearly doubled in November as the shortfall with the European Union swelled.
Following a month where the trade deficit hit its lowest level since early 2009, it shot up to $56.8 billion, an increase of 94.6% from October.
A boat moves past a cargo ship with containers at a terminal of the Yantian port in Shenzhen, Guangdong province, China October 30, 2025. REUTERS/Tingshu Wang
A boat moves past a cargo ship with containers at a terminal of the Yantian port in Shenzhen, Guangdong province, China October 30, 2025.
Tingshu Wang | Reuters
The U.S. deficit with its global trading partners nearly doubled in November as the shortfall with the European Union swelled and the impact of President Donald Trump’s tariffs worked their way through the economy, the Census Bureau reported Thursday.
Following a month where the trade deficit hit its lowest level since early 2009, it shot up to $56.8 billion, an increase of 94.6% from October. Of that gain, about one-third came with the European Union, where the goods deficit rose by $8.2 billion. The goods deficit with China decreased by about $1 billion to $13.9 billion.
On a year-over-year basis, the deficit through November stood at $839.5 billion, or about 4% higher than the same period in 2024.
The increase in the deficit counters Trump’s efforts to use tariffs to reduce imbalances around the globe. When announcing so-called reciprocal tariffs in April 2025, the White House used the level of trade deficits with varying countries as a baseline for determining the duties.
As the year went by, Trump softened his stance. A framework agreement between the U.S. and the EU in August put the tariff rate at 15% on most European goods and sought to stabilize relations between the two sides."
Who is online
Users browsing this forum: No registered users and 0 guests