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Trump unveils the first gold card visa, Liberation Day has now passed and the fake news and the economist are pushing doom and gloom. Trump set everything up to force the Fed to lower rates, low inflation, jobs, low energy. The Fed is trapped. The economic is going to boom, the window is closing for the [CB]. The [DS] is panicking, DOGE and Trump are figuring out how the money laundering scheme works, who is getting the kickbacks and how they over through the government. Trump made an announcement that DOGE found something incredible, could this be how they use the SS numbers to cheat in the elections, or is this about the kickbacks or something else. Trump put out the information so the [DS] makes a move. Panic everywhere.

 

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Economy

Trump unveils first $5 million ‘gold card’ visa

US President Donald Trump unveiled the first “gold card”, a residency permit sold for $5 million each, aboard Air Force One on Thursday.

Holding a prototype that bore his face and an inscription “The Trump Card”, the Republican president told reporters that the special visa would probably be available “in less than two weeks”.

Source: breitbart.com

https://twitter.com/WallStreetApes/status/1908019051676434850

https://twitter.com/CollinsforTX/status/1907811075766047118

impose them.

Trump sued over China tariffs 

President Trump was sued  over the 20 percent tariffs he imposed on Chinese goods i

It marks the first known legal challenge against Trump’s tariffs, which have fulfilled a campaign promise and rattled financial markets.

The lawsuit contests Trump’s use of the International Emergency Economic Powers Act of 1977 (IEEPA), arguing the law authorizes asset freezes and similar economic sanctions, but not tariffs.

“Congress passed the IEEPA to counter external emergencies, not to grant presidents a blank check to write domestic economic policy,” the lawsuit states.

Source: thehill.com

The International Emergency Economic Powers Act (IEEPA) of 1977 is a United States federal law that grants the President broad authority to regulate international economic transactions during a national emergency. Enacted on October 28, 1977, it’s codified under Title 50 of the U.S. Code, sections 1701-1707. The act was designed to replace the Trading with the Enemy Act of 1917, narrowing the scope of presidential powers to peacetime emergencies rather than wartime scenarios.

Under IEEPA, the President can declare a national emergency in response to an "unusual and extraordinary threat" to the U.S. national security, foreign policy, or economy that originates largely from abroad. Once declared, the President can block transactions, freeze assets, and impose economic sanctions on foreign entities or individuals. The law requires the President to notify Congress of the emergency and provide periodic updates, but it doesn’t mandate Congressional approval to maintain the emergency. 

To cut your tariff, buy American stuff

So Trump’s tariffs should benefit the trade-deficit U.S. even if they ignite a trade war.  But a trade war is far from inevitable.  Reciprocal tariffs create incentives for countries to buy from the U.S. in order to sell to the U.S.  Vietnam, for example, bought $13.1 billion from the U.S. in 2024, whereas it sold $136.6 billion to the U.S.  To bring down Trump’s 46% tariff rate on Vietnamese products, Vietnam will probably negotiate with Trump, agreeing to buy more U.S. products.

During his first term, Trump’s tariffs,