Rage against Trump's proposal: "The mother of all stagflation"
Republican presidential candidate Donald Trump has begun airing a radical fiscal policy proposal: To impose import tariffs in order to eliminate the federal income tax. This is stated by sources for CNBC.
The data causes several experts to kick back. One of them is Larry Summers, Harvard professor and former Democratic Treasury Secretary. He tells Bloomberg on Friday that the proposals would build the most inflationary fiscal platform he has seen in his lifetime.
- This is the recipe for the mother of all stagflation.
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The Storming of the Capitol
Trump visited the Capitol for the first time since 2021
On Thursday, former president and Republican presidential candidate Donald Trump visited the Capitol grounds in Washington DC. It is the first time since the storm just over three years ago, writes the BBC.
Trump was there to meet representatives from the Republican Party, including House Speaker Mike Johnson. He described the former president's visit as energetic and enthusiastic.
Democrat Nancy Pelosi, however, was not as impressed. She called Trump an instigator and said that "he is returning to the scene of the crime."
Trump has several charges against him, including an attempted coup on January 6, 2021.
Trump promised he will
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Nazism in Sweden
The US classifies the Nordic Resistance Movement as a terrorist
The US classifies the Nazi Nordic Resistance Movement (NMR) as a terrorist, the country's Ministry of Foreign Affairs writes in a statement.
Top figures Fredrik Vejdeland, Pär Öberg and Leif Robert Eklund receive individual terror ratings.
"The United States is deeply concerned about the threat from violent, racially and ethnically motivated extremists worldwide," the State Department writes in a statement.
The decision is justified with the group's violent history rooted in "its open racist, anti-immigrant, anti-Semitic and anti-LGBTQ agenda".
According to the Pentagon, the group has carried out or attempted to carry out acts of terrorism that threatened the US and security of American citizens.
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American gun laws
USA's HD lifts ban on recoilless rifles
The US Supreme Court has lifted a ban on so-called bouncers, which was introduced during the Trump administration. ABC News reports.
Bump stocks - bump stocks in English - are an accessory that allows semi-automatic weapons to be fired as if they were fully automatic.
The court believes that the ATF, the federal agency that fights, among other things, gun crime, exceeded its authority when it imposed the ban. A semi-automatic weapon with a recoil piston should not be counted as a fully automatic "because it does not fire more than one shot per trigger pull", according to the ruling.
The six conservative judges voted for, and the three liberal judges against.
In a comment, the Biden campaign writes that weapons of war have no place on the streets of the United States, reports Reuters.
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The US election|US abortion policy
The US HD secures access to abortion pills - so far
The United States Supreme Court has unanimously decided to reject the request to ban the abortion drug mifepristone. The judges ruled that the plaintiffs in the case, a group of doctors and activists who are against abortion, do not have legal standing to pursue the case because they themselves do not suffer any harm, writes the New York Times.
"A plaintiff's desire to make a drug less available to others does not constitute a basis for a lawsuit," writes Judge Brett Kavanaugh in the ruling.
At the same time, the ruling leaves open for new attempts to stop the substance, which is one of two used in a medical abortion.
The right to abortion is expected to be one of the hotter electoral issues in the autumn presidential election.
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Analysis: Trump avoids the issue - support for abortion rights large
The court has only ruled on who has the right to pursue the issue of access to abortion pills, not whether or not they should be banned. That's what the New York Times' Adam Liptak writes in an analysis after the HD verdict in the US.
But the ruling still serves as a reminder of how far Republicans and other conservatives are willing to go to restrict access to abortion, writes Aaron Blake in the Washington Post.
Almost two out of three Americans support the right to abortion, and therefore Donald Trump has defended the issue, while the Democrats seem to take every chance to raise it. But whether Joe Biden can capitalize on it during the election campaign is another – as yet unanswered – question, writes Blake.
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