consumers

Trump Tariff Dividend $2000 Checks: Experts Call It Fiscal Fantasy Amid Revenue Shortfalls

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Trump Tariff Dividend 00 Checks: Experts Call It Fiscal Fantasy Amid Revenue Shortfalls

Trump’s $2,000 Tariff Dividend Checks: A Bold Promise or Pure Fiscal Fantasy? President Trump’s plan to distribute $2,000 checks to middle- and low-income Americans from tariff revenue sounds like a populist win, but economists label it “pure fiscal fantasy.” With $195B in 2025 tariffs falling short of the $300B+ needed, the proposal risks inflation spikes … Read more

U.S. Service Sector Shrinks in May 2025: First Contraction in Nearly a Year Amid Trade War Fallout

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U.S. Service Sector Shrinks in May 2025: First Contraction in Nearly a Year Amid Trade War Fallout

The U.S. service sector, which accounts for over two-thirds of the nation’s economic activity, contracted in May 2025 for the first time since June 2024, signaling a troubling economic shift. The Institute for Supply Management (ISM) reported its Services PMI dropped to 49.9, below the 50 threshold indicating contraction, driven by Trump’s escalating trade war, … Read more