submitted by TheTimeKnife to europe
95 points | 32 comments
https://www.independent.co.uk/news/world/americas/us-politics/trump-eu-tariff-autos-car-truck-imports-b2969083.html

President Donald Trump has announced he plans to increase a tariff on cars and trucks imported from the European Union effective next week, a move that could jolt the world economy at a fragile moment. “I am pleased to…

submitted by TheTimeKnife to news
339 points | 48 comments
https://www.independent.co.uk/news/world/americas/us-politics/us-national-debt-gdp-trump-b2968676.html

The U.S. national debt is now larger than the economy as a whole, hitting levels not seen since the aftermath of World War II, new data has revealed. Figures released by the Bureau of Economic Analysis Thursday place the total debt held…