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LN24 > Blog > US Economy
23
Oct

Trump Invokes Defense Production Act to Boost U.S. Oil Production Amid Soaring Fuel Prices

  • LN24 / 4 days
  • 0
  • 3 min read

U.S. President Donald Trump has invoked the Cold War-era Defense Production Act to strengthen domestic oil production, expand refining capacity and increase fuel supplies as rising energy prices place growing pressure on American consumers and businesses. In a presidential memorandum issued on October 22, Trump designated domestic petroleum production, refining and related infrastructure as essential […]

19
Oct

JPMorgan Announces $5 Billion in Investments in Companies Critical to US National Security

  • LN24 / 1 week
  • 0
  • 2 min read

JPMorgan Chase has announced that it has invested $5 billion in equity in companies operating in industries considered critical to US economic and national security, as the banking giant seeks to strengthen domestic manufacturing, energy infrastructure and supply-chain resilience. The announcement reflects growing private-sector investment in strategic industries as the United States works to reduce […]

06
Oct

Trump Expands Access to Tax-Exempt Diesel Fuel as Prices Remain High

  • LN24 / 3 weeks
  • 0
  • 3 min read

U.S. President Donald Trump has signed an executive order temporarily expanding access to tax-exempt red-dyed diesel, as the administration seeks to ease the impact of sharply higher fuel costs on farmers, truckers and other businesses. Trump signed the order on October 5 during a rally in Nebraska, directing federal agencies to provide temporary relief on […]

11
Sep

Mexico and Washington Race to Secure Trade Deal Before US Elections

  • LN24 / 2 months
  • 0
  • 2 min read

Mexico and the United States are accelerating negotiations aimed at reaching a bilateral trade agreement before the November 3 U.S. midterm elections, as both governments seek to protect cross-border commerce and provide greater certainty for businesses and investors. The push has gained urgency following the collapse of recent trade discussions between Washington and Canada, which […]

03
Sep

Trump Says G20 Finance Meeting Was “Very Productive and Positive”

  • LN24 / 2 months
  • 0
  • 2 min read

U.S. President Donald Trump has described the recently concluded G20 Finance Ministers and Central Bank Governors meeting in Asheville, North Carolina, as “very productive and positive,” praising Treasury Secretary Scott Bessent for representing the United States. The two-day meeting, held on August 31 and September 1 under the U.S. presidency of the G20, brought together […]

25
Aug

VP JD Vance Challenges Canada Over Trade Barriers

  • LN24 / 2 months
  • 0
  • 2 min read

U.S. Vice President JD Vance has sharply criticized Canada’s trade policies, accusing Ottawa of imposing unfair barriers on American goods and calling for a more balanced trading relationship as tensions between the two countries intensify. Speaking in Maine on Monday, Vance said Canada and China have among the world’s most problematic trade policies. He specifically […]

19
Aug

Trump Pauses 50% Tariffs on Canadian Imports as Carney Says Key Work Remains

  • LN24 / 2 months
  • 0
  • 2 min read

U.S. President Donald Trump has temporarily paused the implementation of new 50% tariffs on selected Canadian imports, giving Washington and Ottawa three additional days to finalize a preliminary trade agreement and avoid another escalation in bilateral trade tensions. The tariffs, which were scheduled to take effect on Wednesday, would have affected about $20 billion worth […]

21
Jul

JPMorgan, Other U.S. Banks Set to Help Finance Japan’s $550 Billion U.S. Investment Plan

  • LN24 / 3 months
  • 0
  • 4 min read

Several of America’s largest financial institutions, including JPMorgan Chase, are expected to play a central role in financing Japan’s proposed $550 billion investment initiative in the United States, according to sources familiar with the matter. The ambitious plan is designed to strengthen economic ties between the two allies, boost strategic industries, and support large-scale infrastructure […]

09
Jul

Trump Says U.S. Now Pays World’s Lowest Drug Prices Following Pharmaceutical Pricing Order

  • LN24 / 4 months
  • 0
  • 2 min read

U.S. President Donald Trump has declared that the United States is now paying the lowest prescription drug prices in the world, saying his administration’s pharmaceutical pricing reforms are beginning to deliver savings for American consumers. Speaking during a White House event, Trump credited his administration’s “Most Favored Nation” drug pricing policy and ongoing negotiations with […]

The UK's Shoplifting Epidemic: Failures of the Labour Party
27
Aug

The UK’s Shoplifting Epidemic: Failures of the Labour Party

  • LN24 / 1 year
  • 0
  • 9 min read

Shoplifting in UK hits all-time high Sound economics is backed by law and order. Strong businesses thrive in stable environments where property rights are protected, and criminals face real consequences. But right now, the UK’s shoplifting crisis is a textbook example of how left-wing policies erode economic foundations, inflate costs for everyone, and reward bad behavior. […]

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