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Automakers will have to ensure that 40 to 45% of a car's content is made by workers in the U.S. earning at least $16 per hour. If this is not met automakers pay a 2.5% tariff for cars brought in from Mexico. Mexico makes 2.3 million cars and Canada 1.8 million. Automakers invested tens of billions of dollars in Mexico turning it into a lower cost export hub. This has led to job loss in the U.S. Mr. Trump's efforts in the new trade deal with Mexico are designed to increase investment in the U.S. auto industry.

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Amr Darrag, member of the executive board of the Freedom and Justice Party in Egypt, was minister of planning and international cooperation in the elected government of president Morsi, which was overthrown by the Egyptian military after only one year in office. Here he points to the Egyptian military's effort to return Egypt to the days under Mubarak of repression and economic stagnation.

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The antiquated nature of the electoral college system that decides elections for president in the U.S. Under this system there can be a close election in the popular vote by a margin of 1-2 % and still have the winner take a huge majority in the electoral college. It also makes states where elections are not close irrelevant for campaigning purposes and framing the message candidates make- in the last three elections this means the South and Plains states which are Republican and the West and East coasts which are Democrat largely irrelevant for campaigning, creating a situation where large parts of the country are simply ignored.

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22 famous investors from professors and judges to hedge fund managers and financial experts describe the best advice they received for investing.

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The problems Shanghai residents are facing during the covid lockdown in 2022. The experience of a 34 year old technology worker in Shanghai who is sent to a quarantine center in a 16 hour bus ride shows the difficulties people are facing in Shanghai, China. The zero covid policy is affecting the economy and the daily lives of people in China. In the US Democrats shifted away from strict covid protocols in 2021 after realizing that there were economic costs and costs for daily living of ordinary people, with lockdowns becoming less frequent in states such as Michigan, New York and California.

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This fascinating story in the NYT looks at how the game of baseball in the US took over Japan in the way the English game of cricket took over India and Australia. A Maine native Horace Wilson from near Portland, is said to be the person who taught baseball to students at Kaisei Gakko (that became Tokyo University) in 1872. The National High School baseball Championships grip Japan with 3782 schools participating. Ichiro Suzuki, a Japanese baseball player, says it is popular in Japan because it requires more than speed and strength, it requires use of the intellect and sharp thinking.

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This may be the most important work of the DJT administration by 2027 into 2028 elections.  WSJ calls it the soda wars, when it is the slow destruction of America. As JFK and RFK well knew when they made fitness a goal for America in 1960- health is not built on sodas. Today with such high obesity, sodas and its likes, it is about the slow destruction of America.  MALA make America Live Again starts here. “When a taxpayer is putting money into SNAP, are they OK with us using their tax dollars to feed really bad food and sugary drinks to children, who perhaps need something more nutritious?” Right now it is the biggest item for schools in most states for the Supplemental Nutrition Assistance Plan. Passed by Congress in 1964 the original bill for SNAP excluded sodas and luxury drinks, but had Sodas added back in by the Senate. By lobbyists even in 1964? SNAP schools program falls under the Agriculture Department. Democrats as well as Republicans appointed Agriculture Secretaries and not one took the action to get sodas excluded, to let states request sodas be excluded and approve it, not the Democrat a Carter, a Clinton, or an Obama, or a Republican a Reagan, a Bush, or a Trump (first term) took the necessary action. In 2025 Brooke Rollins is Agriculture Department Secretary. Arkansas Governor Sarah Huckabee has seen the damage sodas can cause in her family. Rollins on her first day in office has finally acted- after 61 years when the original intentions of the SNAP bill's creators were confounded in the Senate.  On her first full day in office, urging them to propose pilot programs testing changes to food aid. Rollins sent governors a letter to ask for the removal of sodas from schools food aid program.   ...

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The 1985 hit "Small Town" by John Mellencamp is about Seymour, Indiana. Republican State Representative Jim Lucas says the city of Seymour welcomes immigrants legally here who are properly vetted. The concern is about migrants not vetted and not legally here. At a recent city council meeting Lucas attended it was decided not to go ahead with an economic development agenda. Says Lucas- “However, Seymour has changed drastically in just the past few years, and many of us are obviously concerned about the direction we are headed,” he added. New immigrant cases or migrant arrivals for Jackson county, Indiana, where Seymour is located went up to 435 in 2024 from 66 in 2021. It is at that point that the welcome center idea ran into opposition in this small town in Indiana, an hour from Indianapolis population 21,000 in Jackson County. As the town's population mix changes - it was 1% Hispanic in 1990, then 5% Hispanic in 2000- jumping in two decades of Bush-Obama-Trump-Biden to 25% Hispanic, questions besides economic about the sense of uneasiness of resident came up. Also of cultural literacy of the state of Indiana, and of the history of the state within the Union forged by Washington and Lincoln, FDR and Eisenhower, and of Wendell Wilkie of Elwood, Indiana. Unemployment rate for Jackson County is 3.3%, median income $63,000, home ownership 57%. Issues were not about the economy alone, and about how many immigrants could be absorbed and the cultural and language literacy of arriving migrants. There were issues about the perceived crime rate (metrics show traffic related offenses were up), and about drawing too much of the school's resources as English learning went up slowing learning in the schools. Republican State Representative Jim Lucas says it is crowding the health care clinic downtown with immigrants. ...

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Moodys Analytics forecasts U.S. unemployment at above 7% at the end of 2013. Part of the reason is the aging population effect and older people dropping out of the workforce, and another reason being businesses have to hire to grow as labor costs have already been cut sharply during the lack of hiring in 2009-2011. The problems in housing with foreclosures, the U.S. deficit, and the eurozone economic crisis will continue to affect the U.S. No mention is made of the effects of a slowdown in China and other emerging markets in addition to the slowdown in the eurozone, as these risks appear to be contained for the timebeing according to Moodys Analytics.

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Anne Lowrey looks at the situation facing the 7.4 million Americans working parttime in March 2014 because they cannot find full time jobs. She cites Alan Krueger, former chairman of President Obama's Council of Economic Advisors, for research that shows only 1 of 10 workers who were counted as long-term jobless betwen 2008 and 2012 had a full time job a year later. In Nov 2013 7.2 million worked parttime because they could not find full time work showing an increase of 0.2 million by March 2014.

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WSJ reporters Grant and Berzon provide an indepth account of how Donald Trump survived the worst crisis of his business career in the 1990's, as his deals involving the Taj Mahal casino in Atlantic City collapsed. By describing how Trump responded the report provides insights into Trump's manner of operating, character, and the financial maneouvring to avoid the worst effects of the crisis. It shows Trump's resilience, and also the nature of the risky business deals that led to the crises in Trump's business life.

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Criticism of the US Federal Reserve's $600 billion quantitative easing decision and Bernanke's defense of the Fed's decision. Bernanke says this is no different than other moves in monetary policy made by the Fed, and the aim is to address deflationary trends and unemployment.

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J.P. Morgan Chase CEO, Jamie Dimon, and his relationship with the Democratic Party and President Obama. Dimon was a strong backer of Obama during the early part of his first term, which affected how the president viewed regulation of the banking industry. Dimon strongly opposes the Volcker Rule and other regulatory changes for "too big to fail," designed to make the financial system safer after the global financial crisis of 2008.