Fed Study Vindicates Trump Trade Policy: 150 Years of Evidence Shows Tariffs Lower Inflation

Researchers at the Federal Reserve Bank of San Francisco examined major tariff changes from 1870 through 2020 across the United States, United Kingdom, and France. Their conclusion challenges the conventional wisdom that dominated economic policy debates in recent years: when countries raise tariffs, prices actually fall, not rise.
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Trump to ask DOJ to investigate Epstein ties to Democrats, banks

President Donald Trump said on Friday that he directed the Justice Department to investigate disgraced late financier Jeffrey Epstein’s ties to several high-profile Democrats and certain banks.”Now that the Democrats are using the Epstein Hoax, involving Democrats, not Republicans, to try and deflect from their disastrous SHUTDOWN, and all of their other failures, I will be asking AG Pam Bondi, and the Department of Justice, together with our great patriots at the FBI, to investigate Jeffrey Epstein’s involvement and relationship with Bill Clinton, Larry Summers, Reid Hoffman, JPMorgan, Chase, and many other people and institutions, to determine what was going on with them, and him,” Trump said on Truth Social.”This is another Russia, Russia, Russia Scam, with all arrows pointing to the Democrats,” he added. “Records show that these men, and many others, spent large portions of their life with Epstein, and on his ‘island.’ Stay tuned!!!”In an earlier post on Friday, Trump said that “Epstein was a Democrat,” and therefore is the “Democrat’s [sic] problem,” not the Republicans’ problem. He also accused the Democrats of “doing everything in their withering power to push the Epstein Hoax again, despite the DOJ releasing 50,000 pages of documents.”Trump then said lawmakers should not “waste” time looking into him and instead should focus on the Democrats he later named in the post announcing the probe.This is a developing story, please check back for updates.