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Why Biden and Trump's Tariff Ideas Could Worsen Inflation

Art
July 2, 2024

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President Joe Biden and former President Donald Trump share common ground on tariff policy. While some policymakers argue that tariffs can be a tool to protect and help grow domestic industries and ensure national security, tariffs can also have unintended economic consequences that cost American consumers billions. Trump’s trade war tariffs generated about $233 billion in duties collected by U.S. Customs through March 2024, according to an analysis by the Tax Foundation.

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Art
July 4, 2024
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5 minutes Read

Machine learning can help answer long-standing astrophysical questions

In an ongoing game of cosmic hide-and-seek, scientists have a new tool that could give them an edge. Physicists at the U.S. Department of Energy’s (DOE) Princeton Plasma Physics Laboratory…

Art
July 4, 2024
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2 minutes Read

Chemists synthesize improved building block for drugs

Chemists have overcome a major hurdle in synthesizing a more stable form of heterocyclic compounds, a family of organic compounds that are a staple of most modern pharmaceuticals. The research,…