ECONOMY – Page 3 – One America News Network

A shopping cart is seen in a supermarket as inflation affected consumer prices in Manhattan, New York City, U.S., June 10, 2022. REUTERS/Andrew Kelly/File Photo

US retail sales rebound moderately; underlying trend remains firm

Retail sales rebounded marginally in February as consumers pulled back on discretionary spending, reinforcing the growing uncertainty over the economy.

WASHINGTON, DC - MARCH 12: U.S President Donald Trump speaks during a St. Patrick’s Day event with Irish Taoiseach Micheál Martin and his wife Mary O'Shea in the East Room of the White House on March 12, 2025 in Washington, DC. Martin traveled to the United States for the Irish leader's annual St. Patrick's Day visit where he attended a luncheon with Congressional leaders and a meeting in the Oval Office with Trump. (Photo by Kayla Bartkowski/Getty Images)

Trump Threatens 200% Tariff On European Wines And Champagnes Amid Escalating Trade Tensions

President Donald Trump on Thursday morning threatened to put a massive 200% tariff on wine and champagne that is shipped from Europe if the European Union (EU) does not remove a tariff on whisky.

ROME, ITALY - MARCH 12: Shoppers and tourists walk past the US owned store Nike in the upmarket Via del Corso shopping area on March 12, 2025 in Rome, Italy. The European Union announced today that, from April 1, it would impose tariffs on iconic American products such as Harley-Davidson motorcycles, bourbon and jeans, in response to President Trump's imposition of global tariffs on steel and aluminium. (Photo by Christopher Furlong/Getty Images)

EU Imposes Almost $28B In Counter-Tariffs As Trump’s Steel And Aluminum Tariffs Begin

The European Union has retaliated with its own tariffs in response to President Donald Trump’s 25% tariffs on steel and aluminum products that took effect Wednesday.

Rep. Katie Porter, (D-CA), speaks during a House Committee on Oversight and Reform hearing on gun violence on June 8, 2022 in Washington, DC. (Photo by Andrew Harnik-Pool/Getty Images)

Democrat Rep. Katie Porter Announces Bid For California’s Gubernatorial Race

Former Orange County Congresswoman Katie Porter has announced that she will be running in the 2026 California gubernatorial election, as current California Governor Gavin Newsom is term limited.