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Study debunks Trump’s claim foreigners pay his tariffs

US President Donald Trump has long insisted, in the face of decades of research by economists, that foreign producers are the only ones who are paying for his tariffs on imported goods. However, a major new study released Monday by the Kiel Institute for the World Economy, an

Carbon taxes revenue tripled between 2017 and 2023

Between 2017 and 2023, the revenue from carbon dioxide related taxes in the EU increased strongly, growing from €15 billion to €51 billion. Carbon (dioxide) taxes are levied on the carbon content of fossil fuels. Their share in the overall energy taxes increased from 6.0% in

US ally hedging a rational response to end of Pax Americana

The Washington foreign policy establishment is in predictable panic mode. America’s allies are hedging their bets, diversifying their partnerships, and preparing for what strategists delicately call “US unpredictability.” The December 2025 National Security Strategy—with its