• Sun, January 12, 2025

by: Newsweek

Jamie Dimon on Why Donald Trump Won: 'Legitimate Issues'

JPMorgan Chase CEO Jamie Dimon has attributed President-elect Donald Trump 's 2024 victory to his focus on "legitimate issues" that resonate with American voters. In an interview with CBS News that aired Sunday morning, Dimon discussed economic inequality, inflation and job insecurity—noting that Trump's messaging aligned with voter concerns.

by: rnz

'A good direction': Departing US Ambassador talks trade, AUKUS, and climate

The ambassador called New Zealand an "incredible partner" on climate, noting he had been to Antarctica, visited US scientists working with New Zealand counterparts in the Southern Alps, and recently visited COP26 in Azerbaijan with the minister for climate change, Simon Watts.

by: PBS

What does the defense secretary do?

Leading the U.S. Department of Defense is a massive job, broadly affecting Americans' security at home and abroad and overseeing huge numbers of people and immense amounts of money.

by: RealClearPolitics

California Gov. Gavin Newsom: I Have The Same Questions You're Asking, "What Happened To The Water System?"

California Gov. Gavin Newsom blasted President-elect Donald Trump for "threatening" first responders and spreading "disinformation" about how the state manages its water supply in the wake of devastating fires north of Los Angeles during an interview Sunday morning on NBC's "Meet the Press.

by: RealClearPolitics

PBS Reporter: Trump Supporters "Ultimately Believe Him Over Even What We Report And Believe Him Over The Fact"

Some of Donald Trump's most controversial Cabinet picks will be trying to win over the Senate next week. It comes as Trump threatens allies and friends from Denmark to Panama, giving new meaning to "America First.

by: NDTV

"Sharad Pawar's Betrayal Politics Began In 1978, BJP Ended It": Amit Shah

A month after BJP's big win in Maharashtra polls, Home Minister Amit Shah on Sunday claimed that his party's win ended the politics of betrayal and treachery started by veteran leader Sharad Pawar in 1978.

by: MSN

Two Birds, One Stone: Congressman Reveals Simple Way to Cut Border Crossings and Welfare Spending

Kentucky Republican Rep. Thomas Massie has an incredibly simple proposal for reducing both welfare spending and illegal immigration. As the new Congress convened, the lawmaker took to social media and asked how anyone can argue against "work requirements for able-bodied individuals on welfare.

by: MSN

Border city mayor says Canada-U.S. relationship is 'deteriorating' under Trump's tariff threats

The mayor of a Canadian border city says the prime minister and premiers should speak to communities like his about frustration with the United States that is bubbling up over president-elect Donald Trump's proposed tariffs and comments about absorbing Canada.

by: MSN

Netanyahu and Biden discuss 'progress' in ceasefire talks on call

Israeli Prime Minister Benjamin Netanyahu has spoken to US President Joe Biden about the "progress" in negotiations for the ceasefire deal securing the release of hostages held by Hamas in Gaza and of Palestinians in Israeli prisons.

by: MSN

Trump's pick to lead EPA was paid tens of thousands to write op-eds criticizing climate policies and ESG

Former Rep. Lee Zeldin made nearly $200,000 from paid speeches and op-eds in recent years. Some of those op-eds were on climate-related topics.

by: MSN

Majority of public think Elon Musk has negative impact on UK politics, according to new poll

A new poll has found that a majority of the public believe that Elon Musk has had a negative impact on UK politics, as the billionaire continues his online attack on the government

by: MSN

Ukraine needs to lower mobilization age for frontline stabilization - Trump's advisor

According to the statement of Trump's future National Security Advisor Mike Waltz, US President-elect Donald Trump's team believes that to stabilize the frontline in Ukraine, the age of mobilization should be lowered.

by: MSN

'Lawless' Judge Cannon scorched for Saturday attempt to bail Trump out

During an appearance on MSNBC "The Weekend," legal analyst and former SDNY prosecutor Kristy Greenberg reported that District Court for the Southern District of Florida Judge Aileen Cannon once again tried to throw Donald Trump a lifeline late Saturday with another demand for the Department of Justice in an effort to keep a damaging Jack Smith

by: MSN

Trump's Cabinet picks are set for Senate hearings. Here's the schedule

After the initial crush of personnel announcements for President-elect Donald Trump's incoming administration, now the nominations process officially begins. Senate hearings are scheduled this coming week for several of Trump's picks for the Cabinet.

by: MSN

Los Angeles Mayor Karen Bass 'not worried' about supposed 'animosity' between Trump and California

Los Angeles Mayor Karen Bass, as well as other local officials, said they were confident that President-elect Trump would visit the region.

by: MSN

Croatia's President Milanovic on track to win re-election by wide margin

Croatian President Zoran Milanovic was on track for a landslide victory in the country's presidential runoff on Sunday that will secure him a second term in the largely ceremonial post, exit polls showed.

by: MSN

Terrorism Declines In J&K: 80% Of Terrorists In J&K Are Pakistani, Local Recruitment Plummets

Of the 140 terrorists currently in J&K, about 80 are north of the Pir Panjal range and the rest in the Jammu area. Heavy snow— and this year has been particularly severe— has reduced infiltration in north Kashmir to a trickle.

by: MSN

Voices: Are you worried about the private sector's role in the NHS? Join The Independent Debate

Are you worried about the private sector's role in the NHS? Join The Independent Debate - THE INDEPENDENT DEBATE: Jeremy Corbyn's criticism of Labour's NHS plans has reignited debate over the role of

by: MSN

People yearning for positive politics that addresses their issues: AAP's Shah

People of Delhi are yearning for "positive politics" which helps them in daily life, Aam Aadmi Party's Jasmine Shah has said

by: MSN

KLEIN: We need to break City Hall's culture of secrecy

The culture at City Hall is one of secrecy and control. As a city councillor, I fought relentlessly to bring transparency to a system deeply entrenched in politics and hidden agendas. I moved several motions to eliminate the Executive Policy Committee (EPC),

by: MSN

How Palm Beach Is Coping With the MAGA Migration

Roads are choked. Real estate prices are stratospheric. As Trump supplicants, Silicon Valley moguls and Hollywood heavyweights swarm to Mar-a-Lago, longtime residents are seeing their quiet paradise hellishly upended.

by: MSN

'Not in war, but not in peace' - Sweden gets ready to new dangerous times

On Sunday, the annual conference "People and Defense" began in Selena. Swedish Prime Minister Ulf Kristersson and Social Democratic Party leader Magdalena Andersson spoke at the conference, SVT reports.

by: MSN

Bangladesh foreign secy meets Indian envoy as Dhaka puts BSF on notice

Bangladesh's foreign secretary Sunday (Jan 12) held a meeting with Indian High Commissioner Pranay Verma in Dhaka and expressed his "deep concerns" over recent tensions along the border. State-run news agency BSS earlier reported that Verma had been "summoned" by Foreign Secretary Md.

by: MSN

Liberal officials say it's 'essential' their next party leader is bilingual

Current and former Liberal party officials, both French and English speakers, say the next Liberal leader replacing Prime Minister Justin Trudeau should be bilingual.

by: MSN

Australian pro-Israel counter-protesters told 'go back to Germany'

"Go Back to Poland! Go Back to Germany!" A woman shouted at pro-Israel activists at the Free Palestine rally in Melbourne's central business district.

by: MSN

Somalia and Ethiopia restore diplomatic ties after President Hassan Sheikh Mohamud visits Addis Ababa

Somalia and Ethiopia are set to restore full diplomatic relations after a visit by Somalia's President Hassan Sheikh Mohamud to Addis Ababa, as efforts intensify to heal a year-long rift that threatened further instability in the Horn of Africa.

by: MSN

CDU and CSU prioritize Ukraine and defense. Voters don't

The Christian Democrats have prioritized defense spending and supplying more arms to Ukraine. Though the party is popular in the polls, these proposals do not reflect the priorities of German voters.

by: MSN

James Cleverly slams Labour's first 6 months and predicts huge Tory comeback in 2029

James Cleverly's scathing critique of Labour's first months in power paints a picture of a nation grappling with economic turmoil and political disillusionment.

by: MSN

Reeves shows 'tension and anxiety' in China - body language expert

Judi James revealed how the Chancellor appeared 'coltish and frisky' and 'doesn't look comfortable in her own skin' as she used hair-touching as a 'self-calming ritual'.

by: MSN

Trump Announces Tariff Plans for Canada and Mexico; Intends to Rename Gulf of Mexico

President-elect Donald Trump has announced plans to impose "very serious tariffs" on Canada and Mexico, citing concerns over illegal immigration and drug trafficking. During a press conference at his Mar-a-Lago resort,

by: MSN

Congress Announces Rs 8,500 Monthly To Educated Unemployed Youth If Voted To Power In Delhi

The Congress announced the "Yuva Udaan Yojana," offering ₹8,500 monthly for a year to unemployed Delhi youth ahead of the February 5 assembly polls.

by: MSN

Atishi's crowdfunding campaign collects over Rs 15 lakh in 6 hours

Just six hours after asking people to fund her assembly election campaign, Delhi Chief Minister and Aam Aadmi Party candidate Atishi raised more than Rs 15 lakh through her online portal on Sunday. Atishi has set a goal of garnering Rs 40 lakh as her election campaign fund,

by: MSN

Zelenskiy calls on allies to honour promises on arms supplies to Ukraine

Ukraine's President Volodymyr Zelenskiy called on allies on Sunday to honour all promises to supply Ukraine with weapons, including those to counter Russian air attacks. Zelenskiy said that over the past week Russian forces had launched hundreds of strikes on Ukraine and nearly 700 aerial bombs and over 600 attack drones were used.

by: MSN

Congress promises Rs 8,500 per month to educated unemployed youth

by: MSN

'If we copy Reform we look weird' - Why Farage has the Tories in a fix

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by: MSN

Ramaphosa declares 2025 'Year of renewal' vows to clamp down on ill-discipline within ANC

The ANC recently chose not to discipline some of the leaders that the State Capture Commission had named, failing to address their refusal to come before the disciplinary committee.

by: MSN

Florida leaders reflect and remember former President Jimmy Carter

From the Deep South to the White House, President Jimmy Carter dedicated his life to helping others. Carter's legacy is found worldwide and that impact will be felt for generations across Florida. Florida Democratic Party chair Nikki Fried said she is hopeful the next generation will learn from Carter's example.

by: MSN

Uncertainty and anxiety for some Northerners, as Trump returns to power

As Donald Trump prepares to return to the White House later this month, some northerners are anxious about what the new U.S. administration will mean for the Arctic environment, circumpolar politics and the fight against climate change.

by: MSN

Olaf Scholz and SPD hope for miracle in Germany's election

Chancellor Olaf Sholz's government coalition imploded and his poll numbers are dismal. But, at his party's conference this weekend, he made it clear that he won't give up without a fight.

by: MSN

Dearness Allowance increase assured for Bangladesh government employees by June 30

DA or Dearness Allowance is a hot topic of discussion among government employees worldwide, and Bangladesh is no exception. Big update on Dearness Allowance. But not for the government employees of this country or state.

by: MSN

'Would Not Contest Delhi Election If...': What Is Arvind Kejriwal's 'Slum' Challenge To Amit Shah

Withdraw all the cases filed against slum residents and submit an affidavit in court guaranteeing that they will receive houses on the same land from which they were evicted. If you do this, I will not contest the elections.

by: MSN

Lisbon protests, Trump probe's end, and Maduro's contested term

This happened while you slept. Here's what the world's agencies reported overnight from Saturday to Sunday. A protest against the harsh actions of the police towards immigrants took place in the centre of Lisbon.

by: MSN

'Was impressed by him': BJP recalls Kejriwal's political beginning in fresh attack

Bharatiya Janata Party on Sunday targeted Aam Aadmi Party on Sunday, accusing it of failing to fulfil the promises on which it rode to come to power in Delhi and Punjab.During a press conference, Union minister Hardeep Singh Puri said that AAP convener and former Delhi chief minister is diverting attention when asked about the promises

by: MSN

Measures to curb the Kremlin's war machine

US and UK announce additional sanctions against Russia's oil and liquefied gas sector. Senior US officials believe these are the most significant sanctions imposed on the Russian energy sector since the start of the war in Ukraine.

by: MSN

Video: What were Obama and Trump saying to each other?

What were Obama and Trump saying to each other? 'Fox News Saturday Night' host Jimmy Failla and guests try to figure out what presidential guests were saying to each other at former President Jimmy Carter's funeral.

by: MSN

State of Texas: Paxton and GOP ramp up pressure to influence vote for Texas House Speaker

The start of the legislative session on Tuesday should bring the resolution of a contentious battle for power in the Texas House of Representatives. Lawmakers in the chamber will vote to choose the next House Speaker,

by: MSN

Squirming Labour minister dodges Sky questions over tax hikes and Budget 'mistake'

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by: MSN

What tariffs can and can't do

Economists dislike tariffs for a variety of reasons. Like all barriers to market exchanges, they create inefficiency: they prevent you from selling me something I value more than you do, leaving both of us worse off in principle.

What tariffs can and can't do

Economists dislike tariffs for a variety of reasons. Like all barriers to market exchanges, they create inefficiency: they prevent you from selling me something I value more than you do, leaving both of us worse off in principle.
The article from MSN discusses the implications and limitations of tariffs as a tool in international trade policy. Tariffs, which are taxes imposed on imported goods, aim to protect domestic industries by making foreign products more expensive, thereby encouraging consumers to buy local. However, the article explains that while tariffs can provide short-term benefits like protecting nascent industries or retaliating against unfair trade practices, they also have significant drawbacks. These include potential trade wars, increased costs for consumers, and inefficiencies in domestic markets due to lack of competition. The piece highlights that tariffs can't solve all trade issues; they might lead to higher prices for goods, provoke retaliation from trading partners, and disrupt global supply chains. Moreover, tariffs might not effectively address underlying issues like currency manipulation or intellectual property theft, and they can sometimes harm the very industries they aim to protect by reducing export markets or increasing input costs. The article concludes by suggesting that while tariffs can be part of a broader trade strategy, they are not a panacea for trade imbalances or economic protectionism.

Read the Full MSN Article at:
https://www.msn.com/en-us/politics/government/what-tariffs-can-and-can-t-do/ar-BB1rjrl9