President Donald Trump believes tariffs will make the U.S. “rich,” but economists suggest the White House’s revenue expectations are overly optimistic. White House trade adviser Peter Navarro predicts tariffs will bring in $600 billion annually and $6 trillion over a decade, with auto tariffs adding another $100 billion per year. However, economists project a significantly lower revenue outcome, with estimates ranging from $100 billion to $200 billion annually, far less than Navarro’s projections.
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Bulgaria to join Eurozone in 2026
The European Commission has approved Bulgaria's entry into the Eurozone, set for 2026, making it the 21st country to adopt the euro. Prime Minister Rosen Zhelyazkov emphasized that this decision, following years of political instability and the fulfillment of inflation criteria, will enhance economic stability and investment fundamentals. Despite opposition from populist groups and calls for a referendum, EU officials believe Bulgaria's accession signifies a strengthening of both the nation’s and the Eurozone's economic standing....
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