House Ways and Means Committee Chairman Jason Smith said that trade policy isn’t always incentivizing an American manufacturing renaissance.

The surge in condom costs underscores how the Middle East war is disrupting virtually every aspect of life for consumers.

The German economy has been buffeted by the U.S. tariff offense and the increasing competitiveness of Chinese companies in core export industries.

Around 800 ships remain stuck in the Persian Gulf after traffic through the Strait of Hormuz slowed to a trickle following the outbreak of the war. 

Tehran again shut the waterway following a refusal by the U.S. to lift its own naval blockade of Iran’s vessels.

“Would you be the first penguin off the ice floe to test the water?” one shipowner asked.

Hormuz is “open and ready for business,” Trump said on Truth Social on April 17.

The $4 million payment was up from the less than $1 million that some vessels were paying to cut in line at the Panama Canal as recently as early March.

The aim is to eventually create a contiguous corridor between southern Europe and the Persian Gulf.

The intensifying standoff over the Strait of Hormuz has revived the push to open a safe shipping route for fertilizer and other goods to prevent a humanitarian crisis.