Showing posts with label finance. Show all posts
Showing posts with label finance. Show all posts

Saturday, September 5, 2026

NJ Business Climate A Disaster Under Mikie

Pennsylvania Governor Josh Shapiro announced that Burlington Coat Factory is closing their headquarters in New Jersey and making a $370 million investment to move operations to Philadelphia. The popular retailer is leaving the city it is named after and is another example of the failing economic agenda of Governor Mikie Sherrill and New Jersey Democrats.

Senate Republican Leader Anthony M. Bucco, who recently released a four-point economic plan to get New Jersey back on the right track, reacted to the news:


“Business friendly states like Pennsylvania are eating New Jersey’s lunch because Governor Sherrill and the Trenton Democratic Majority refuse to lower taxes—plain and simple. While New Jersey Democrats celebrate minor league soccer teams in expensive taxpayer funded stadiums, Pennsylvania is lowering taxes, encouraging new investment, and bringing Garden State companies with them.


“Don’t just take our word for it, the Burlington Stores CEO said Philadelphia had the energy, talent, and infrastructure that attracted them to make this move. Our business climate is suffering, and this is further proof of its decline. At what point is enough going to be enough for Democrats to take this seriously and work with Republicans and our business community; because it is clear that Governor Sherrill and the Trenton Democratic Majority do not have a plan.”


Michael Sullivan, the Burlington Stores CEO was quoted saying: “We are very excited to be relocating our corporate headquarters to Philadelphia. We are one of the fastest growing retailers in America, and as we evaluated different options for our new corporate home, we were strongly attracted to the energy, talent, and infrastructure that Philadelphia has to offer.”


Senator Bucco created a job loss tracker that can be viewed on the Senate Republican website, tracking all the jobs that have been lost under Governor Sherrill’s watch.

Thursday, September 3, 2026

MORE on The Firing Of Maria Bartiromo . . .


 

President Chastises Fox News; Lauds Maria!


 

Bartiromo OUT At Fox: They're Losing Their BEST!

Fox Corp has parted ways with Maria Bartiromo. In other words, far as we can tell, she's been fired!

And WE are not amused. Not one bit! Maria has always been tops in our book.

In fact, anyone who knows her or has worked with her can tell you that she is/was the hardest-working journalist at the company -- in fact, she's one of the hardest working journalists anywhere where and she's been an absolute trailblazer for women.

Maria worked at CNN as a producer for five years before joining CNBC in 1993, where she worked on-air for 20 years. She was the first television journalist to deliver live television reports from the floor of the New York Stock Exchange. She has won numerous awards for her work on these programs, including two Emmy Awards. 

Maria has given everything to her 12 years of work at Fox Corp. And she certainly did not deserve the manner in which she was dismissed --abruptly and apparently without explanation. She worked six days a week and had a presence on their platforms seven days a week. She was always a class act and embodied what journalism should be.

Fox stripped Maria's name off every show she built. Mornings with Maria is now just Mornings with FOX Business. Her Friday night Wall Street show got the same treatment. Sunday Morning Futures is being handed to Jason Chaffetz this weekend while they figure out a replacement. We look forward to seeing what she does next.

BTW: there's even been some talk that Maria may become the new White House press secretary. We imagine she can pretty much have her pick at Newsmax or News Nation or any one of a number of other outlets that would be glad to have her.

Be sure of this: we will follow Maria wherever she goes. As for Fox -- shame on em!

Monday, August 31, 2026

Record investments, Record Sales, American Jobs!

Vice President JD Vance is in Michigan today to mark the comeback of American manufacturing under the leadership of President Donald J. Trump. Since taking office, the Trump Administration has onshored production, restored factory jobs, and put vehicles back on Michigan assembly lines — while delivering tax relief that leaves more money in workers’ pockets and driving a sharp decline in crime across the state.

Record Investments. Record Sales. American Jobs.

Michigan is locking in tens of billions in new capital and thousands of high-paying jobs as companies respond to the Trump Administration’s America First agenda.
  • General Motors is investing $6 billion in U.S. manufacturing — including a major expansion at its Orion Township plant — and is onshoring more production to meet demand for American-built vehicles. GM is also adding an overtime shift at Flint as pickup demand surges.
  • Ford Motor Company is investing $3 billion in its BlueOval Battery Park in Marshall, creating 1,700 new jobs. Ford added a third shift at the Dearborn Truck Plant as the F-series continues to dominate global pickup sales.
  • Stellantis is investing $388 million in a state-of-the-art “megahub” in Van Buren Township, $140 million to expand its Detroit plant, and $100 million to add production at Warren.
  • Detroit Diesel is recalling laid-off workers and adding a third shift.
  • 2025 marked the strongest year for new vehicle sales since 2019. Ford posted its best annual U.S. sales in six years. General Motors delivered soaring overall volume and its strongest SUV performance in decades. Jeep sales rose for the first time since 2018.

A Broader Manufacturing Boom Across Michigan

Michigan is winning in advanced manufacturing, energy, aerospace, food production, and the infrastructure of the AI economy.
  • OpenAI, Oracle, and Related Digital are building a hyperscale data center campus in Saline Township — investing more than $7 billion, with thousands of construction jobs and hundreds of permanent positions.
  • Pratt Industries pledged $5 billion to reindustrialize America, with thousands of jobs headed to Michigan workers.
  • Corning is investing $1.5 billion in Saginaw County, adding more than 400 new advanced manufacturing jobs.
  • Chobani is investing $567 million to expand its La Colombe plant in Norton Shores, creating hundreds of new jobs and sharply increasing purchases of Michigan milk.
  • GE Aerospace is investing $60 million to boost aircraft engine and avionics production at its Michigan facilities.
  • Saginaw Control & Engineering is investing $50 million to expand in Thomas Township.
  • Adrian Steel is investing $43.4 million to significantly grow its operations.
  • American Rheinmetall is investing $31.7 million in its Michigan facilities.

Historic Tax Relief for Michigan Workers and Families

President Trump’s Working Families Tax Cuts put money back in Michiganders’ pockets.
  • No Tax on Social Security: About 1.7 million Michigan seniors benefit from the new senior deduction.
  • No Tax on Overtime and No Tax on Tips: Roughly a quarter of Michigan employees regularly work overtime and can benefit — so workers keep more of what they earn.
  • Made-in-America Auto Loan Interest: Families who buy a vehicle assembled in the U.S. can deduct the interest — a tax cut that doubles as industrial policy.
  • Bigger Refunds: Michigan taxpayers saw average refunds of $3,508.
  • Rural Health Investments: Michigan secured about $173 million in first-year Rural Health Transformation Program funding.
  • Protecting Jobs and Wages: The Working Families Tax Cuts safeguarded 170,000 Texas jobs, $30 billion in state GDP, and $15 billion in workers’ wages.

Michiganders are Safer

The Trump Administration is making Michigan safe again — and the numbers tell the success.
  • So far in 2026, violent offenses are down compared to the same period last year — with homicide down 19%, rape down 18%, and robbery down 17%.
  • In 2025, violent crime and motor vehicle thefts all fell compared to the previous year.
  • In 2025, Detroit recorded the fewest homicides since 1964 and the first time the city fell below 200 killings in six decades.

Thursday, August 27, 2026

Yes, Canada's FREE Ride Is 0-V-E-R-!

Canada has been ripping off the United States for decades — and President Donald J. Trump is done letting them get away with it. Last week, the U.S. offered Canada the most preferential market access of any country on Earth, with deep cuts on steel, aluminum, autos, lumber, and more. Instead of partnership, Canada chose unreasonable demands, walk-backs, and flat-out rejection.

The record of Canadian abuse is clear and deliberate:

  • FACT: Canada is joined only by the People’s Republic of China in choosing retaliation over negotiation. Their continued discriminatory treatment of U.S. commerce has burdened American workers, farmers, and businesses.
     
  • FACT: Canada alone imposed discriminatory 25% tariffs and company-specific quotas on U.S. motor vehicles — measures applied to no other country. As a result, U.S. vehicle exports to Canada crashed 22% over the last year.
     
  • FACT: Canada banned American wine, beer, and spirits in nearly every province and territory — while other countries have faced no such restrictions. As a result, U.S. alcohol exports to Canada collapsed 81% in a single year.
     
  • FACT: Canada locks out U.S. dairy with tariff-rate quotas far more restrictive than those given to Europe, plus over-quota tariffs of nearly 300% — rates so extreme they function as a near-total ban and rank among the highest agricultural tariffs in the developed world.
     
  • FACT: Canada has extracted a persistent average annual goods trade deficit of roughly $50 billion from the U.S. over the last decade — while refusing reciprocal access.
     
  • FACT: Canada targeted American aerospace manufacturer Gulfstream for years. They effectively prohibited the sale of its G500, G600, G700, and G800 models while shielding its own competitor — until President Trump intervened.
     
  • FACT: Canada’s protectionist barriers — discriminatory auto quotas, alcohol bans, and dairy lockouts — have hammered American companies. This has cost U.S. producers billions in lost sales, forced layoffs, and driven market share to foreign competitors who face none of the same restrictions.
     
  • FACT: Without the United States, Canada could not survive. Canada sends roughly three-quarters of all its goods exports to America — and the U.S. market is where Canada gets the overwhelming majority of its money and economic oxygen.
     
  • FACT: Canada’s failed trade policies are driving its own manufacturers south. A recent survey found 42% of Canadian manufacturers have already moved or are planning to move production to the U.S.
     
  • FACT: Canada is doubling down on tariffs targeting American workers. Canada just announced an additional $27.6 billion in tariffs on American businesses — including a 50% tariff on American steel and aluminum, a 25% tariff on American fish, and a 25% tariff on American tools.
     
  • FACT: The U.S. economy is approximately 13 times larger than the Canadian economy and home to over eight times as many people. The United States has the clear leverage.

President Trump said it best: “Canada is easily the most difficult and unreasonable. They feel entitled, but they are not a State, and will be entitled no longer!” Canadian leadership chose retaliation over partnership — and America is no longer willing to carry them.

Wednesday, August 19, 2026

Trump Makes 'Made In USA' Preferred Car Brand!

Ford Motor Company announced it will reshore production of its Lincoln models to the United States — phasing out imports from China and creating thousands of new American jobs. 

This is the latest proof that President Donald J. Trump’s America First trade agenda is delivering exactly as designed: rewarding domestic manufacturing, protecting American workers, and rebuilding America’s supply chains.

Ford CEO Jim Farley was unambiguous: “We made this decision as soon as the policy of the Administration was set.”

Ford joins a rapidly expanding roster of automakers expanding their U.S. footprint and returning production to American soil:

  • Toyota is investing $3.6 billion to shift Tacoma production from Mexico to its San Antonio, Texas, plant — creating 2,000 high-quality jobs and doubling the facility’s size.
     
  • Honda is producing its next-generation Civic in Indiana rather than Mexico to avoid tariffs — locking in approximately 210,000 units of annual U.S. output.
     
  • General Motors is investing $4 billion to move production of the Chevrolet Blazer and Equinox from Mexico to plants in Tennessee and Kansas, while shifting Buick Envision production from China to Kansas — boosting domestic capacity by hundreds of thousands of vehicles.
     
  • Mercedes-Benz is investing $4 billion to expand SUV production at its Tuscaloosa, Alabama, plant — citing tariffs as the key driver.
     
  • Volvo Trucks has invested hundreds of millions of dollars to launch production of the new VNR regional hauler at its New River Valley facility in Dublin, Virginia.
     
  • Stellantis is making the largest single investment in its 100-year U.S. history to expand domestic manufacturing by 50% — launching five new vehicles and creating more than 5,000 jobs across plants in Illinois, Ohio, Michigan, and Indiana.
     
  • Nissan is maximizing capacity at its Tennessee manufacturing plant — one of the largest and most productive in North America — adding models and sustaining thousands of American jobs.
     
  • Hyundai Motor Group is boosting annual capacity at its Metaplant America in Ellabell, Georgia, as part of broader multi-billion-dollar U.S. investments aimed at producing the vast majority of vehicles sold here domestically.
     
  • Rolls-Royce is investing $75 million to boost engine production at its Aiken, South Carolina, facility, and recently completed a $24 million expansion of its Mankato, Minnesota, plant.

President Trump’s America First agenda is scoring a decisive victory over decades of offshoring. Companies that once chased cheap labor overseas are now pouring capital into U.S. plants — delivering vehicles Made in America, by American workers, for American consumers.

Friday, August 7, 2026

Trump Announces Billions In New Investments!

BOLSTERING AMERICAN MINING: Today, President Donald J. Trump held a historic roundtable with the mining industry where he announced over $2 billion in critical mining and mining-related projects to revitalize the industry and over $180 million in mining school investments to bolster the American mining workforce. 

  • The Department of War is investing over $85 million into Standard Bauxite to secure the supply chain of refractory-grade bauxite to support manufacturing of high-temperature-resistant materials used to make critical components for our warfighters and essential to the modern industrial economy.
  • The Department of War is investing $150 million into Niron Magnetics, a Minnesota company developing and producing 100% domestic, rare earth-free permanent magnets to support the defense industrial base and help eliminate dependency on foreign-produced rare earth magnets. 
  • The Department of War is investing $1.4 billion into Sila Nanotechnologies, a California-based manufacturer, to expand production of silicon-carbon battery anodes and buildout a lithium-ion battery cell manufacturing facility to strengthen the supply chains of satellite operations, unmanned aerial systems, and munitions.
  • The Department of War is investing $400 million into Sunrise Energy Metals to develop a full scandium value chain, including the world’s first primary scandium mine, to help secure the supply chain of high-heat aluminum alloys which are used in fighter jets and spacecraft. 
  • The Export-Import Bank is investing $8 million into 5E Advanced Materials, a California-based company to develop a boron deposit, a key component of permanent magnets, semiconductors, and glass.  
  • The Export-Import Bank is investing $25 million into Westwater Resources in Alabama to develop the Coosa Graphite Deposit to support domestic battery manufacturing. 
  • The Export-Import Bank is investing $25 million into Global Advanced Materials in Pennsylvania for tantalum and niobium to support electronic, magnet, and steel production. 
  • The Development Finance Corporation is matching a $4.8 million investment into Harena Rare Earths to develop a rare earth mine in Madagascar to secure vital inputs for American manufacturing, such as magnet metal and rare earths. 
  • The Department of Energy is investing $100 million into America’s 14 mining schools to revitalize the next-generation workforce double the number of graduates with mining, minerals, and associated supply chain credentials.
  • The Department of War is investing over $80 million into three schools for major workforce development programs and technology innovation hubs to train the next generation of geologists, metallurgists, and mining engineers.

    PRIORITIZING DOMESTIC CRITICAL MATERIALS AND THEIR SUPPLY CHAINS: President Trump is ensuring America’s critical materials and critical supply chains are robust and secure to reduce reliance on hostile foreign countries, protect our national security, and strengthen the economic resilience of vital industries.

    • Critical materials build and power the modern world from cars to military weaponry and factory machinery to smartphones and computers. It is vital that the United States have sufficient and secure mining, processing, refining, manufacturing, and recycling to reduce reliance on foreign countries.
    • These investments help mitigate and reverse critical supply chain vulnerabilities, bolster U.S. industrial resilience against geopolitical disruptions, and ensure that the defense industrial base and next-generation technologies are powered by secure and domestically sourced components.
    • Additionally, America cannot restore its industrial competitiveness and rebuild its critical mineral supply chain without rebuilding the workforce that powers it. For decades, the nation's critical mineral supply chain has steadily contracted despite a rapid increase in demand for critical minerals.
    • This historic roundtable was the largest meeting of industry leaders and the President in over 120 years. No other President has supported American mining more than President Trump.

        RESTORING AMERICAN INDUSTRY: President Trump’s leadership is restoring America’s mining industry and national and economic security, ensuring reliable supplies of critical materials and supply chains.

        • President Trump campaigned on the promise to rebuild and reshore American industry, emphasizing the need to restore its strength and security after years of neglect. 
        • Since January 2025, the Trump Administration has signed or approved 160 minerals deals totaling almost $40B, creating American jobs and securing our critical materials sectors.
        • President Trump has utilized Section 232 to protect and strengthen domestic manufacturing critical for our national and economic security, including imposing tariffs and directing negotiations with trading partners covering a variety of goods, including steel, aluminum, copper, trucks and automobiles, timber, lumber, semiconductors, critical minerals, and pharmaceuticals.
          • These actions strengthen these essential U.S. industries and the U.S. industrial base, ensure domestic producers and workers can compete on a level playing field, protect American jobs, and bolster American national security.
        • In March 2025, President Trump signed an Executive Order boosting American mineral production, streamline permitting, and enhance national security.
        • In April 2025, President Trump signed a historic Executive Order restoring American dominance in offshore critical minerals and resources.
        • In October 2025, President Trump directed his Administration promptly issuing authorizations necessary for the establishment of the Ambler Road Project. This project will provide road transportation access to the Ambler Mining District.
        • In January 2026, President Trump signed an Executive Order addressing the threatened impairment of national security with respect to imports of processed critical minerals and their derivative products (PCMDPs).
        • In May 2026, U.S. manufacturing grew at its fastest rate in four years, its fifth straight month of expansion — nearly tripling expectations. President Trump’s America First trade policies continue to deliver and strengthen the economy and national security of the United States.
        • In July 2026, President Trump signed an Executive Order to secure America’s defense supply chains for the cutting-edge equipment that allows the U.S. to dominate the modern battlefield, particularly, ensuring domestic supplies of the critical materials and components necessary to manufacture that equipment.
        • In July 2026, President Trump signed a Presidential Determination delegating authority under the Defense Production Act to institute export restrictions on recoverable critical minerals and materials (CMMs).

        Thursday, July 9, 2026

        Innovative Ed Funding Effort Reaches New Milestone

        BLOCS, Pennsylvania’s leading scholarship organization dedicated to the PA Educational Improvement Tax Credit (EITC) and Opportunity Scholarship Tax Credit (OSTC), is proud to announce a year of historic achievement in fundraising.  

        As BLOCS closes the end of their fiscal year, the non-profit organization is pleased to report they are on track to raise $250 million in need-based scholarships.  

        Through this level of funding, BLOCS estimates they will be able to serve more than 43,000 students in the coming school year. This is the largest population that BLOCS has ever served in a single school year in its 40+ year history. 

        BLOCS CEO Rob Delany celebrates these achievements with the community of donors, schools, students, and supporters of the EITC program. “BLOCS is proud to reach this milestone of serving over 43,000 students in the coming year,” Delany said. “We are incredibly grateful to our more than 150 corporate donors, thousands of individual donors, and hundreds of school partners who work with us in each facet of the EITC program to create opportunities for deserving students.” 

        In addition to the increased number of students served, BLOCS also ensures that children receive the greatest scholarship support possible. Thanks to the efficiencies of responsible management, more than 98 cents of every dollar contributed to BLOCS is directed to a student as a need-based scholarship. 

        BLOCS is the leading scholarship organization dedicated to raising need-based scholarships through the Pennsylvania Educational Improvement Tax Credit (EITC) program. As an independent charitable organization BLOCS provides access to high-quality, value-based education for children ages Pre-K through 12th grade across the Commonwealth of Pennsylvania. Through the generosity of its donors, BLOCS partners with over 500 schools to provide over 40,000 need-based scholarships. More can be found at www.blocs.org

        Thursday, June 11, 2026

        Melania Launches 'FosteringThe Future' Accounts

        First Lady Melania Trump launched her Fostering the Future Accounts, a new financial resource established to empower foster youth to be fiscally autonomous upon reaching the age of majority.

        “Fostering the Future Accounts give foster children the same chance for asset ownership and long-term wealth building as every other American child. By investing in our foster youth now, we help strengthen America’s workforce, communities, and economic future,” the First Lady explained.

        This historic measure is a first for the United States and is designed by the First Lady in tandem with the U.S. Department of Treasury. Already, twenty-three Governors have pledged to set up Fostering the Future Accounts for children within their states’ care.

        First Lady Melania Trump called for national unity to fund the accounts, “Now is the time for everyone to act. All 50 states should pledge to protect America’s foster youth.  Let’s elevate America’s children above politics. I urge every Governor and business leader in America to help fund these accounts.”

        Because of First Lady Melania Trump’s leadership and commitment to ensuring youth in foster care have the same access as every other American child to valuable asset building opportunities, the U.S. Department of the Treasury, the U.S. Department of Health and Human Services, and the Office of Management and Budget issued Federal guidance allowing State, Territorial, and Tribal child welfare agencies to open this type of account for any child or youth in their care:

        • The U.S. Department of the Treasury will now recognize State child welfare agencies acting as a guardian for children and youth in foster care, or their designees, as eligible individuals for the purposes of opening an initial account when a child is in foster care.

        • The Trump Administration will provide guidance and a dedicated helpline designed specifically to assist States in setting up these accounts for children and youth in foster care.

        It is important to note, the One Big Beautiful Bill Act authorized the creation of this type of account. This announcement marks the latest milestone in First Lady Melania Trump’s Fostering the Future initiative; her mission to provide opportunities and improve outcomes for children, youth, and families involved in the foster care system.  

        The following governors have pledged to open fostering the future accounts: Kay Ivey, Sarah Huckabee Sanders, Ron DeSantis, Brian Kemp, Brad Little, Mike Braun, Kim Reynolds, Jeff Landry, Tate Reeves, Mike Kehoe, Greg Gianforte, Jim Pillen, Joe Lombardo, Kelly Ayotte, Kelly Armstrong, Mike DeWine, Kevin Stitt, Henry McMaster, Larry Rhoden, Bill Lee, Greg Abbott, Spencer Cox, and Patrick Morrisey.

        The full remarks by First Lady Melania Trump are provided below.

        Empowerment Through Asset Ownership

        Thank you for welcoming me this afternoon, Secretary Bessent.

        Since the earliest days of our Republic, the Treasury has stood for America’s financial credibility and stability. This very building is a monument to our confidence in the American experiment. Today, we are adding another important layer to the Treasury Department’s foundation: economic stewardship.

        For the first time, children in foster care will have access to a dedicated savings and investment vehicle: Fostering the Future Accounts.

        Fostering the Future Accounts give foster children the same chance for asset ownership and long-term wealth building as every other American child. By investing in our foster youth now, we help strengthen America’s workforce, communities, and economic future.

        Ownership turns the principle of individual liberty into a substantive reality. For children in foster care, this is especially important. America can offer services, help, and protection, but real freedom means being able to make independent choices about your own future. Property ownership helps make that possible.

        When they turn eighteen, foster youth will be able to access the assets they own through Fostering the Future Accounts. This will give them a foundation for independence and opportunity.

        For Fostering the Future youth, empowerment comes through ownership. This includes ownership of knowledge through education and now ownership through savings and investment accounts. Education and savings accounts are the first steps toward personal independence.

        Fostering the Future accounts help create the conditions where liberty can flourish. Success is not about how many benefits a person receives, but rather about how much independence they achieve.

        Starting today, the Treasury will let state child welfare agencies and foster youth representatives set up Fostering the Future Accounts for children in foster care.

        We already have measurable results: 23 governors have pledged to set up Fostering the Future Accounts in their States—including Governor Little from Idaho who is here with us today. Thank you, Governor.

        Now is the time for everyone to act. All 50 states should pledge to protect America’s foster youth. Let’s elevate America’s children above politics.

        I urge every governor and business leader in America to help fund these accounts. Together, we can make sure foster youth enter adulthood with assets, opportunity, and a stronger path to independence.

        This is a historic moment for our nation. We should aspire to raise a generation of builders, creators, entrepreneurs, and leaders whose futures are shaped by their ambition, not their circumstances. A strong education and financial assets will give them tools for a lifetime.

        Friday, February 20, 2026

        A Statement From The Secretary Of The Treasury

        Trump Outlines Plan After Supreme Court Ruling

        From the President of the United States:

        The Supreme Court’s Ruling on TARIFFS is deeply disappointing! I am ashamed of certain Members of the Court for not having the Courage to do what is right for our Country. I would like to thank and congratulate Justices Thomas, Alito, and Kavanaugh for your Strength, Wisdom, and Love of our Country, which is right now very proud of you. When you read the dissenting opinions, there is no way that anyone can argue against them. Foreign Countries that have been ripping us off for years are ecstatic, and dancing in the streets — But they won’t be dancing for long! The Democrats on the Court are thrilled, but they will automatically vote “NO” against ANYTHING that makes America Strong and Healthy Again. They, also, are a Disgrace to our Nation. Others think they’re being “politically correct,” which has happened before, far too often, with certain Members of this Court when, in fact, they’re just FOOLS and “LAPDOGS” for the RINOS and Radical Left Democrats and, not that this should have anything to do with it, very unpatriotic, and disloyal to the Constitution. It is my opinion that the Court has been swayed by Foreign Interests, and a Political Movement that is far smaller than people would think — But obnoxious, ignorant, and loud!
         
        This was an important case to me, more as a symbol of Economic and National Security, than anything else. The Good News is that there are methods, practices, Statutes, and other Authorities, as recognized by the entire Court and Congress, that are even stronger than the IEEPA TARIFFS, available to me as President of the United States of America and, in actuality, I was very modest in my “ask” of other Countries and Businesses because I wanted to do nothing that could sway the decision that has been rendered by the Court.
         
        I have very effectively utilized TARIFFS over the past year to, MAKE AMERICA GREAT AGAIN. Our Stock Market has just recently broken the 50,000 mark on the DOW and, simultaneously, 7,000 on the S&P, two numbers that everybody thought, upon our Landslide Election Victory, could not be attained until the very end of my Administration — Four years! TARIFFS have, likewise, been used to end five of the eight Wars that I settled, have given us Great National Security and, together with our Strong Border, reduced Fentanyl coming into our Country by 30%, when I use them as a penalty against Countries illegally sending this poison to us. All of those TARIFFS remain, but other alternatives will now be used to replace the ones that the Court incorrectly rejected.

        To show you how ridiculous the opinion is, the Court said that I’m not allowed to charge even $1 DOLLAR to any Country under IEEPA, I assume to protect other Countries, not the United States which they should be interested in protecting — But I am allowed to cut off any and all Trade or Business with that same Country, even imposing a Foreign Country destroying embargo, and do anything else I want to do to them — How nonsensical is that? They are saying that I have the absolute right to license, but not the right to charge a license fee. What license has ever been issued without the right to charge a fee? But now the Court has given me the unquestioned right to ban all sorts of things from coming into our Country, a much more powerful Right than many people thought we had.
         
        Our Country is the “HOTTEST” anywhere in the World, but now, I am going in a different direction, which is even stronger than our original choice. As Justice Kavanaugh wrote in his Dissent:
         
        “Although I firmly disagree with the Court's holding today, the decision might not substantially constrain a President's ability to order tariffs going forward. That is because numerous other federal statutes authorize the President to impose tariffs and might justify most (if not all) of the tariffs issued in this case...Those statutes include, for example, the Trade Expansion Act of 1962 (Section 232); the Trade Act of 1974 (Sections 122, 201, and 301); and the Tariff Act of 1930 (Section 338).”
         
        Thank you Justice Kavanaugh!
         
        In actuality, while I am sure they did not mean to do so, the Supreme Court’s decision today made a President’s ability to both regulate Trade, and impose TARIFFS, more powerful and crystal clear, rather than less. There will no longer be any doubt, and the Income coming in, and the protection of our Companies and Country, will actually increase because of this decision. Based on longstanding Law and Hundreds of Victories to the contrary, the Supreme Court did not overrule TARIFFS, they merely overruled a particular use of IEEPA TARIFFS. The ability to block, embargo, restrict, license, or impose any other condition on a Foreign Country’s ability to conduct Trade with the United States under IEEPA, has been fully confirmed by this decision. In order to protect our Country, a President can actually charge more TARIFFS than I was charging in the past under the various other TARIFF authorities, which have also been confirmed, and fully allowed.
         
        Therefore, effective immediately, all National Security TARIFFS, Section 232 and existing Section 301 TARIFFS, remain in place, and in full force and effect. Today I will sign an Order to impose a 10% GLOBAL TARIFF, under Section 122, over and above our normal TARIFFS already being charged, and we are also initiating several Section 301 and other Investigations to protect our Country from unfair Trading practices. Thank you for your attention to this matter. MAKE AMERICA GREAT AGAIN!
         
        PRESIDENT DONALD J. TRUMP

        Wednesday, February 11, 2026

        CNBC: WOW! Jobs Report Is Through The Roof!

        Private Scetor Booms, Fueling Record Job Growth!

        “Today’s blockbuster, expectation-shattering jobs report proves that President Trump’s economic agenda continues to pay off. The unemployment rate fell and private sector job growth remains robust — particularly for specialty trade construction jobs as the trillions in investments secured by the President pour into American manufacturing. With new revisions showing that the Biden jobs market was even worse than expected, President Trump continues to turn the page on the Biden disaster by rightsizing federal employment to the lowest level since 1966 and turbocharging economic growth.” — White House Deputy Press Secretary Kush Desai

        Job growth surged in January — and the strength is in the private sector.

        • The economy added 172,000 new private sector jobs and shed 42,000 government jobs — bringing the unemployment rate down to 4.3%.
           
          • As President Trump’s agenda takes effect, factory groundbreakings and data centers are leading to more construction jobs — with construction employment up 33,000 in January, including 25,000 new jobs in the nonresidential specialty trades (the highest monthly change in five years).
             
        • January’s 130,000 new nonfarm jobs is the best month of job growth yet, signaling President Trump’s pro-growth policies are starting to deliver real momentum in the labor market.
           
        • In President Trump’s second term, 615,000 private sector jobs have been added while federal employment has declined to its lowest level since 1966 — and the lowest level in recorded history as a share of the total workforce.

        As wage growth booms, Americans want to join the Trump Economy.

        • Average weekly earnings for private sector employees rose 0.7% in January.
           
          • In President Trump’s second term, average weekly earnings have grown by 4.3% and average hourly earnings have increased by 3.7%.
             
        • Prime-age labor force participation rose to its highest level since 2001 as more Americans come off the sidelines and enter the workforce.

        The numbers shattered expectations (again).

        • In fact, the number of new jobs added in January was more than double economists’ predictions, coming in higher than nearly all economists surveyed by Bloomberg.

        The labor market under Biden was far weaker than we already knew.

        • From initial release to the current estimate, job growth over Biden’s final two years was overstated by 1.9 million jobs.