DIRS.INFO The most relevant business & tech news

☆ Trump's proposed tariff would cost the average American household an extra $1,500 a year, left-leaning think tank says
▼ + stars: | 2024-03-29 | by ( Yuheng Zhan | ) www.businessinsider.com time to read: +3 min

Trump's proposed import tariff would cost an extra $1,500 annually for Americans, according to a left-leaning think tank. Trump has championed his tax plan as favoring US interests over China, but the think tank argues he misunderstands tariffs. AdvertisementTrump's proposed import tariff would tack on an extra $1,500 per year for Americans, says a left-leaning Washington think tank. AdvertisementThe think tank estimated Americans will face a whopping $3.2 trillion influx of foreign goods. With a 10% tariff, that'd be an extra $300 billion in taxes on goods, roughly translating into $1,700 per household in the tariff's debut year.

Persons: Trump's, Trump, —, Brendan Duke, Ryan Mulholland Organizations: American Progress, Service, White, Republican Locations: China, Washington

WASHINGTON (AP) — Federal regulators are investigating ExxonMobil's $60 billion deal to acquire a Texas oil company in what would be one the largest mergers in the energy industry in two decades, according to securities filings. The Federal Trade Commission, which enforces federal antitrust law, has asked for additional information from the companies about Exxon’s proposed acquisition of Pioneer Natural Resources. Exxon reported $9.1 billion in profits in the quarter that ended Sept. 30, while Chevron reported $6.5 billion in profits. Exxon has said the proposed deal with Texas-based Pioneer Resources would enhance U.S. energy security and benefit the American economy and consumers. Chevron said its proposed deal with New York-based Hess would strengthen long-term performance while “delivering higher returns and lower carbon” dioxide emissions that contribute to global warming.

Persons: Chuck Schumer, Schumer, Hess, Exxon, Alex Witt, Witt Organizations: WASHINGTON, —, Federal Trade Commission, Natural Resources, FTC, Exxon, Pioneer, Hess Corporation, Chevron, Justice Department, Resources, Climate, Center for American Progress Action Fund, League of Conservation Voters, Sierra Club Locations: Texas, Chevron, Ukraine, New York

☆ DeSantis and the GOP's myth of an 'open border'
▼ + stars: | 2022-09-22 | by ( Debu Gandhi | Debu Gandhi Is The Senior Director Of Immigration Policy At The Center For American Progress Action Fund. | ) www.nbcnews.com time to read: +9 min

One would think that those perpetuating the “open border” myth would be eager to seize every opportunity to strengthen border security. This action — and similar ones orchestrated by other GOP governors — have also deliberately elevated the “open border” narrative, which falsely represents that unlawful immigrants are waltzing into the U.S. through a porous southern border in droves. Contrary to the “open border” myth, U.S. borders are guarded by a vast and well-funded national security agency that has grown far larger and more powerful in recent years. Nick Ut / Getty Images fileOne would think that those perpetuating the “open border” myth would be eager to seize every opportunity to strengthen border security. Characterizing the humanitarian challenge at the southern border as a solely U.S. “open border” problem also presents an inaccurate picture of the global forced displacement crisis.

Search resuls for: "Center for American Progress Action Fund"

3 mentions found