Recently, former President Donald Trump announced plans to establish an External Revenue Service (ERS) if he were to return to office, aimed at the collection of foreign tariffs. This move, which I find quite intriguing, is part of a broader strategy to bolster American industry by ensuring that tariffs from international trade are efficiently collected and managed.
Now, let's dive into why this is such a significant development. Trump's proposal comes at a time when trade relations are more scrutinized than ever. With the global economy still reeling from various shocks, including supply chain disruptions and geopolitical tensions, the idea of an ERS suggests a focus on strengthening America's position in international trade. Imagine a dedicated agency just for this purpose; it's a game-changer in how we handle tariffs.
Silver demand spikes due to solid-state battery tech advancements.
https://citizenwatchreport.com/silver-demand-spikes-due-to-solid-state- battery-tech-advancements/
Wildfires in LA, landlords exploit disaster with illegal rent hikes.
https://citizenwatchreport.com/wildfires-in-la-landlords-exploit- disaster-with-illegal-rent-hikes/
UK on the verge of passing radical Net Zero climate change law that would threaten the livelihood of millions
https://www.yourdestinationnow.com/2025/01/uk-on-verge-of-passing- radical-net-zero.html
Global selloff hits British pound; UK budgets stoke anxiety, BoE seen fueling crisis.
The British pound has taken a significant hit, plummeting to its lowest level in 14 months against the US dollar amid a global sell-off. This downturn was exacerbated by market anxiety over potential limitations on interest rate cuts by the US Federal Reserve, with investors now betting on just one rate cut this year. Sterling’s value dropped by as much as 0.7% to $1.211, marking it as the weakest performer among G-10 currencies against the dollar, as noted by City AM.
https://citizenwatchreport.com/global-selloff-hits-british-pound-uk- budgets-stoke-anxiety-boe-seen-fueling-crisis/
Warren Buffett loads up on companies that manage internet infrastructure.
https://citizenwatchreport.com/warren-buffett-loads-up-on-companies- that-manage-internet-infrastructure/