From 'best agreement ever' to a trade war: Trump vs. his own Canada deal
He called USMCA the best trade deal ever made. In 2026 he declined to renew it, and 50 percent tariffs on Canadian goods met dollar-for-dollar retaliation.
Economy & trade
Tariffs, Canada, investment pledges and business record.
Who pays the tariffs? Americans, and the first-term farm bailouts ate nearly all the revenue
Nearly all of Trump's first-term China tariff money went to farmers hurt by retaliation, and China never made the purchases it promised.
Splashy jobs pledges: SoftBank's $100 billion and the Foxconn precedent
SoftBank promised $100 billion and 100,000 jobs with about $29 billion in cash on hand. The last big Trump factory promise shrank by more than 90 percent.
23 Nobel economists warned Trump's agenda would mean higher prices and bigger deficits
More than half of living U.S.-based economics laureates signed a 2024 letter calling his tariffs and tax plans counterproductive.
Before politics: Trump University, the Trump Foundation and a string of failed ventures
A $25 million fraud settlement, a charity ordered shut down, and in office, a pause on enforcing the U.S. anti-bribery law.
'No tax on tips': what the law actually does
The 2025 tax law created a temporary deduction, not an exemption. Many low-wage tipped workers owe little income tax to begin with.
Also in the file
- Congress repeals the $5 cap on bank overdraft fees MSN Trump signed the repeal in May 2025.
- Why gas prices fell: oil below $60 Yahoo Finance
- Opinion: 'Trump sold Americans a fantasy' MSN (opinion)