journalism – Author Carlo Carrasco

Philippines To Use ASEAN Influence To Lead Southeast Asian Front Against Trump’s New Global Tariff On Imports

February 27, 2026February 26, 2026carlocarrasco

Months ago, it was announced that the Philippines will temporarily lead the Association of Southeast Asian Nations (ASEAN) as its Chair for 2026. In light of US President Donald Trump’s implementation of a new tariff on imports as a result of the United States Supreme Court’s decision, the Philippines – through its Trade Secretary – announced that it will lead the Southeast Asian front against the said tariff, according to a Manila Bulletin news report.

To put things in perspective, posted below is an excerpt from the Manila Bulletin report. Some parts in boldface…

Manila is preparing to lead a unified Southeast Asian push for a preferential trade agreement with the United States (US) following Washington’s decision to impose a 15 percent global tariff on imports.

Trade Secretary Cristina Roque said the government intends to leverage its 2026 chairship of the Association of Southeast Asian Nations (ASEAN) to safeguard the region’s export competitiveness and navigate the sudden shift in American trade policy.

Roque added that the government will also raise this matter during the upcoming ASEAN Economic Ministers (AEM) Retreat in the coming month.

“Definitely that will be one of the topics that we will be talking about,” she told reporters on the sidelines of the ASEAN Editors and Economic Opinion Leaders Forum.

She, however, said the government has yet to formally discuss the region’s position, given that the US’ new sweeping tariffs were just announced over the weekend.

Finance Secretary Frederick Go, on the other hand, said this is an issue that all ASEAN members “love to talk about when we’re together.”

“What it made clear to us is that we have to open new markets,” said Go.

The US Supreme Court ruled on Feb. 20 that President Donald Trump’s reciprocal tariffs implemented under the International Emergency Economic Powers Act (IEEPA) were unconstitutional.

In the aftermath of the ruling, Trump immediately slapped a 10 percent surcharge on imports to the US, later raising it to 15 percent.

The new global tariff brings another wave of uncertainty that may undermine the exports of ASEAN members and ultimately their respective economic growth.

The Philippines is taking an active role in calling for deeper regional integration to accelerate investment flows and future-proof the region.

As ASEAN chair, Roque said a major priority is to oversee the passage and entry into force of the ASEAN Digital Economy Framework Agreement (DEFA).

DEFA aims to set the region’s common rules on e-commerce, digital trade, cybersecurity, digital payments, emerging technologies, and cross-border data flows.

The agreement is seen doubling the value of ASEAN’s digital economy, which is already on track to reach about $1 trillion by 2030.

“We recognize the complexity of today’s global environment—geopolitical tensions, technological disruption, supply chain shifts, and climate risks. Yet we remain confident in ASEAN’s collective strength. ASEAN bonded together is a force that cannot be ignored,” said Roque.

For the year, Roque said priorities of the ASEAN chairship also include cross-border mobility of digital talent and industrial development of semiconductors and critical minerals.

By observing the attitude of the current administration and its diplomats, the Philippines is acting as if it is a major player on international affairs and world economics. Its chairmanship of the ASEAN is the latest example of this. Clearly the Philippines is afraid of the new global tariff implemented by Trump. Filipino exporters have endured the previous 19% tariff by America. When it comes to economic growth, the Philippines has weakened achieving only 4.4% growth in 2025 and the fallout of the flood control corruption scandal is still being felt socially and economically.

Let me end this piece by asking you readers: What is your reaction to this development? Do you think the Philippines will be a very effective leader of the ASEAN this year? Do you think the Philippines is truly standing up for the economic interests of each and every Southeast Asian nation when dealing with Trump tariffs? Is the Philippines leading ASEAN to a potential embarrassment on international affairs and economics?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Thank you for reading. If you find this article engaging, please click the like button below, share this article to others and also please consider making a donation to support my publishing. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at @HavenorFantasy as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram athttps://www.instagram.com/authorcarlocarrasco

The Wickedness And True Colors Of The Democrats Exposed

February 26, 2026February 26, 2026carlocarrasco

US President Donald Trump delivered another meaningful State of the Union Address. His speech emphasized what his administration has done, what they are working on and which direction America itself is headed.

What is very notable about this year’s speech was how Trump exposed the wickedness and unpatriotic nature of the Democrats (the Satanic Left and Islamo-Leftists). The White House issued a statement about whose side the Democrats are on.

To put things in perspective, posted below is an excerpt from the White House statement. Some parts in boldface…

Tonight, President Donald J. Trump delivered a historic State of the Union address before a joint session of Congress — proudly declaring the dawn of a new Golden Age after just one year of transformative leadership in his second term. In a powerful speech, President Trump highlighted unprecedented accomplishments: a fully secure border, plummeting inflation, falling gas prices and crime rates, surging stock markets and 401(k)s, massive tax relief for working Americans, and bold actions to restore peace through strength abroad.

This was a speech of renewal and resolve — yet congressional Democrats, consumed by delusional hatred and obstruction, refused to join in celebrating these victories for the American people.

Tonight, Democrats refused to applaud:

– Reaffirming “the first duty of the American government is to protect American citizens, not illegal aliens.”

– The grieving families of innocent American women and children murdered by criminal illegal aliens — including the mother of Iryna Zarutska, a North Carolina woman savagely killed on public transit by a career criminal monster.

– Securing our homeland and finally ending the invasion of savage criminal illegal aliens — killers, rapists, gang members, and traffickers — with the strongest, most secure border in American history.

– Prioritizing American citizens over illegal aliens.

– Unifying against political violence.

– Inflation finally subsiding after years of Democrat-driven price shocks that crushed working families.

– Keeping violent criminals locked up.

– Lower prescription drug prices for millions of Americans.

– The decisive military action that brought indicted narcoterrorist Nicolás Maduro to justice, crippling drug cartels and liberating our hemisphere from vicious narcotrafficking terrorists.

– Protecting minor children from the horrors of irreversible sex changes.

– Gas prices dropping to multi-year lows, putting money back in Americans’ pockets.

– Law enforcement officers being respected once again after years of vilification.

– The financial futures of millions of American newborns through Trump Accounts.

– Protecting the integrity of our elections by preventing illegal aliens from undermining our democracy.

– Banning large corporations from scooping up single-family homes, ensuring they remain available for working Americans.

– Ending widespread fraud schemes — like the $19 billion Somali fraud scandal that burdened Minnesota taxpayers.

– Warrior Dividends for our great military heroes.

– Reducing the flow of deadly fentanyl across our border by a record 56% in one year.

The list of items in the White House statement is very long. To see the rest of the details, click https://www.whitehouse.gov/articles/2026/02/democrats-showed-whose-side-theyre-on-and-its-not-the-american-people-249d/

Very clearly, the Democrats today are twisted, very woke and they do not really care about America’s own citizens and stakeholders. Too many times have the Democrats sided with illegal aliens, illegal immigrants, and other foreign criminals at the expense of the American people. The general elections of 2024 are over and yet the Democrats never changed for the better at all. They are actually worse and more toxic right now.

The Democrats love illegal immigrants/aliens, the Islamic terrorists, the scammers, the crooks, the thieves and a whole lot more evil forces. Can you imagine John F. Kennedy and Robert Kennedy being alive today (they each would be over 100-years-old had they survived) and look at their fellow Democrats? They would have been very disgusted and shocked with how much their party changed for the worse! I can imagine an elderly RFK condemning Ilhan Omar and Rashida Tlaib as Islamic terrorists disguised as their party members.

With the YouTube videos posted below, you will not only see how disgusting Democrats really are, but also see how Trump cleverly exposed their true colors.

Let me end this piece by asking you readers: What is your reaction to Trump’s 2026 State of the Union Address? Do you think the Democrats today have any sanity remaining at all? Do the Islamists like Ilhan Omar and Rashida Tlaib reflect your values as an American? Do you find Chuck Schumer, Nancy Pelosi and Al Green the most pathetic Democrats of today?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Trump To Hike Global Tariff To 15%

February 23, 2026February 22, 2026carlocarrasco

Wow! US President Donald Trump sure acts fast and with certainty. Following his reaction to the Supreme Court of the United States (SCOTUS) decision that found America’s sweeping global tariffs unconstitutional, President Trump announced that he will increase the rate of his new global tariff on imports from the initial 10% to 15%, according to a Kyodo News report.

To put things in perspective, posted below is an excerpt from the Kyodo News report. Some parts in boldface…

U.S. President Donald Trump said Saturday he will raise the rate of his new global tariff on imports from all countries from the 10 percent announced a day earlier to 15 percent, following the Supreme Court’s ruling striking down a core pillar of his economic policy.

Trump announced the sudden change on social media, adding that during “the next short number of months,” his administration will consider introducing other “legally permissible” tariffs.

On Friday, the U.S. Supreme Court struck down Trump’s so-called reciprocal tariffs targeting nearly all of America’s trading partners, as well as fentanyl-related levies he applied to goods from China, Canada and Mexico.

The court ruled that Trump overstepped his presidential powers when he used a 1970s-era emergency law last year to impose those tariffs.

Hours later, Trump responded furiously to the decision at a press conference, announcing the new, across-the-board tariff under a different legal framework, which has never before been used by a U.S. president to impose trade restrictions.

The 10 percent tariff, set to take effect Tuesday, is based on Section 122 of the Trade Act of 1974. It allows import restrictions, including duties of up to 15 percent, if there are “large and serious” trade deficits. Such measures only last 150 days unless Congress approves an extension.

On Saturday, Trump did not say when he plans to raise the rate to the statutory limit.

Let me end this piece by asking you readers: What is your reaction to this development? Considering Trump’s latest action with the new global tariffs, do you think the Supreme Court of the United States made the wrong decision? What is your honest opinion about tariffs right now? Do you think SCOTUS was influenced by foreign entities which opposed Trump’s tariffs?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Trump Responds To US Supreme Court Decision With New 10% Global Tariff

February 22, 2026February 21, 2026carlocarrasco

In response to the United States Supreme Court’s decision that found America’s sweeping global tariffs unconstitutional, US President Donald Trump announced he will impose a 10% global tariff, according to a news report by Kyodo News.

To put things in perspective, posted below is an excerpt from the Kyodo News report. Some parts in boldface…

U.S. President Donald Trump said Friday that he will impose a new 10 percent “global tariff” after the Supreme Court struck down his duties targeting nearly all of America’s trading partners, delivering a major blow to his signature economic policy and likely complicating Washington’s relations with the rest of the world.

Upholding lower court findings, the highest court ruled that Trump overstepped his presidential powers when he used a 1970s-era emergency law last year to impose the so-called reciprocal tariffs, as well as fentanyl-related levies he applied to goods from China, Canada and Mexico.

Calling the ruling “deeply disappointing,” Trump said, “I’m ashamed of certain members of the court, absolutely ashamed for not having the courage to do what’s right for our country.“

At a press conference, Trump unleashed a barrage of criticism against the justices, accusing them of being “very unpatriotic and disloyal to our Constitution,” and claimed that the court has been influenced by “foreign interests.”

At the center of the case was Trump’s invocation of the 1977 International Emergency Economic Powers Act to swiftly bring the tariffs into effect without congressional approval, even though taxation is an enumerated power of the legislative branch.

During oral arguments in early November, a majority of the court’s nine justices, six of whom were appointed by Republican presidents, already appeared skeptical of Trump’s authority to bypass Congress in levying the double-digit tariffs.

Writing for the final 6-3 judgment, Chief Justice John Roberts, a conservative appointed by President George W. Bush, said Trump could not legally justify his extraordinary action.

“The president asserts the extraordinary power to unilaterally impose tariffs of unlimited amount, duration, and scope. In light of the breadth, history, and constitutional context of that asserted authority, he must identify clear congressional authorization to exercise it,” Roberts said.

Tariffs are the centerpiece of Trump’s “America First” agenda. The Republican president has argued they will revitalize U.S. manufacturing, create jobs, reduce the country’s debt, raise tax revenue and equip the United States with more negotiating leverage to extract concessions from other countries.

In the early months of last year, the Trump administration introduced the tariffs on goods from China, Canada and Mexico, accusing the top three U.S. trading partners of not doing enough to stem the flood of deadly fentanyl coming into the United States.

In April, Trump announced “Liberation Day” tariffs, which consist of a 10 percent universal tariff, plus varying additional duties on dozens of countries with which the United States runs significant trade deficits.

The emergency law, known as IEEPA, stipulates that it can be exercised “to deal with any unusual and extraordinary threat, which has its source in whole or substantial part outside the United States, to the national security, foreign policy, or economy.”

No president had previously used the law to impose tariffs, with countless U.S. and foreign companies suing the Trump administration to challenge the legality of the IEEPA-based measures and to ensure they receive refunds should the Supreme Court invalidate them.

The Supreme Court did not say whether the U.S. government must refund revenue from the tariffs.

At the press conference, Trump suggested that he would not refund the hundreds of billions of dollars, and the issue would end up in a long court battle.

Trump said foreign countries must be “so happy, and they’re dancing in the streets, but they won’t be dancing for long — that I can assure you.”

He stressed that his administration has “very powerful alternatives” to replace the tariffs the court “incorrectly rejected.”

While voicing willingness to advance his trade agenda by other means, Trump said he will introduce a new 10 percent tariff on imports from all countries, on top of the existing duties.

He said the additional tariff will be backed by Section 122 of the Trade Act of 1974, which permits him to levy such a measure for up to 150 days if there are serious trade deficits that need to be addressed.

Under the country-specific tariff framework, Trump initially threatened to impose a 25 percent levy on Japan, but the figure was lowered to 15 percent after months of negotiations, in return for Tokyo committing to massive investments in the United States in the coming years.

As Japan also promised to buy more American products, a trade agreement struck by the two countries resulted in Japanese automobiles being subject to a 15 percent tariff, down from the hefty 27.5 percent rate that took effect in April.

Let me end this piece by asking you readers: What is your reaction to this development? Are you surprised with the US Supreme Court’s decision? What do you think will happen to the economy of the United States as a result of the US Supreme Court’s decision?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Trump Administration To Deport Violent Illegal Alien Protected By Minnesota Democrats

February 5, 2026February 4, 2026carlocarrasco

Let’s be very clear here. Americans overwhelmingly support the deportation of illegal aliens/immigrants who committed acts of crime. In the state of Minnesota, there are mobs of radicalized Leftists, social justice warriors (SJWs), extreme Democrats and other brainwashed activists who are doing everything they could to protect the illegal ones and that means rebelling against United States Immigration and Customs Enforcement (ICE) by using violence.

Of course, the Trump administration is simply not giving up as the White House confirmed that it is laser-focused on removing criminal illegal aliens from Minnesota. Very recently, ICE apprehended the wanted Guatemalan national Esdras Aaron-Rodriguez-Hernandez who was charged in 2024 with domestic assault. The suspect is up for deportation and he previously was heavily protected by the radicalized Democrats of Minnesota. Democrats have this ongoing tradition of rewarding and prioritizing criminals and even terrorists at the expense of their fellow Americans.

To put things in perspective, posted below is an excerpt from the White House press statement. Some parts in boldface…

The Trump Administration is aggressively removing dangerous criminal illegal aliens from Minnesota’s communities — predators that Radical Left Democrats insist on providing safe harbor.

A stark example: Last week, ICE apprehended Esdras Aaron Rodriguez-Hernandez, a Guatemalan national and accused domestic abuser, in a case that exposes the dangerous stupidity of Minnesota’s “sanctuary” policies — and the self-inflicted necessity of Operation Metro Surge.

In 2024, Rodriguez-Hernandez was arrested and charged with domestic assault (intentionally inflicting or attempting to inflict bodily harm on a family member) and released without bail. A warrant was issued after he didn’t show up for court, and he evaded justice for nearly a year.

In November, he was arrested on the warrant and booked into the Hennepin County Jail, only to be released the next day on a $100 bail. After a radical prosecutor downgraded the charge, he was granted a stay of adjudication and set free once again.

At every step, local officials in the “sanctuary” jurisdiction failed to notify ICE of his custody — forcing federal agents to expend significant resources tracking him down and putting Minnesotans at unnecessary risk.

Rodriguez-Hernandez now awaits deportation, joining a long list of criminal illegal alien thugs the Trump Administration has removed from Minnesota’s streets — often with zero help from leaders who prioritize criminals over citizens.

Let me end this piece by asking you readers: What is your reaction to this development? Are you surprised that Satanic Leftists of Minnesota went to the extremes to protect the suspect from ICE? Do you think that the radical Leftists have the means to violate national laws regarding immigration and crime? Do you consider Minnesota a very corrupted state under the control of radical Leftists? If anyone in your family has been heavily influenced by Democrats and their mainstream news media partners-in-crime, is he or she soft-hearted towards illegal aliens/immigrants?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Trump Welcomes Vietnam’s Decision To Join Board of Peace

February 3, 2026February 2, 2026carlocarrasco

Following the ratification of the charter of the Board of Peace in Davos, Vietnam officially decided to join it which US President Donald Trump welcomed, according to a news report by VnExpress. Trump previously invited Vietnam’s leader to join the council.

Vietnam’s entry into the Board of Peace (note: referred to as the Peace Council in the VnExpress report) is not exactly surprising as it already has friendly ties with Israel. Ties between Vietnam and America are also healthy.

To put things in perspective, posted below is an excerpt from the report of VnExpress. Some parts in boldface…

U.S. President Donald Trump has sent a message congratulating Vietnam’s Party General Secretary To Lam on his re-election for a 14th term and welcoming Vietnam’s decision to join the Peace Council initiative.

President Trump said General Secretary Lam’s continued leadership role comes at an important time, as Vietnam and the U.S. are pressing ahead with the positive outcomes achieved in bilateral relations in recent years.

The President also expressed his hope that the two sides would soon make positive progress in negotiations on a reciprocal, fair and balanced trade agreement, thereby further promoting shared prosperity.

He welcomed Vietnam’s decision to join the Peace Council initiative, and thanked and highly valued Vietnam’s role as well as Vietnam-U.S. cooperation in promoting peace and safeguarding freedom, sovereignty and independence of countries in the Indo-Pacific and the world at large.

President Trump said he is confident that Vietnam-U.S. relations would continue to deepen across all fields, from economy and trade to security, defense and people-to-people exchanges, and expressed his hope to welcome General Secretary Lam to the U.S. at an appropriate time.

General Secretary Lam accepted the invitation from U.S. President Donald Trump last month to join the Gaza Peace Council and affirmed Vietnam’s readiness to participate as a founding member state of the council.

Let me end this piece by asking you readers: What is your reaction to this development? Do you think Vietnam will become a major contributor on the rehabilitation of the Gaza Strip? What is your opinion about the state of Vietnam-America ties as well as Vietnam-Israel ties?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Trump Picks Kevin Warsh As The Next Federal Reserve Chairman

February 1, 2026January 31, 2026carlocarrasco

At long last, US President Donald Trump picked Kevin Warsh as the next chairman of the Federal Reserve replacing Jerome Powell, and already a lot of public officials and high-ranking members of the private sector support the choice, according to the Kyodo News report plus the White House press statement respectively.

To put things in perspective, posted below is an excerpt from the report of Kyodo News. Some parts in boldface…

U.S. President Donald Trump said Friday he will nominate Kevin Warsh to be the next chair of the Federal Reserve, with the choice of a Wall Street veteran who was a governor of the central bank over a decade ago seen as intended to avoid roiling financial markets.

Trump’s pick to replace Jerome Powell as the Fed chair caps a process that formally began last summer. While screening candidates in private, he has subjected Powell to relentless public criticism for not cutting interest rates more aggressively and challenged the independence of the world’s most influential central bank.

Trump announced the nomination in a post on social media, saying, “I have known Kevin for a long period of time, and have no doubt that he will go down as one of the GREAT Fed Chairmen, maybe the best.“

“On top of everything else, he is ‘central casting,’ and he will never let you down,” Trump added. The lengthy post, though it included information on Warsh’s professional experience, did not clearly explain the reason for his selection.

Powell’s term as Fed chief ends in May. The role requires Senate confirmation, which may not be smooth sailing for Warsh due to bipartisan concern over the Fed’s independence under Trump, most recently evidenced by the Department of Justice launching a criminal probe into Powell over a renovation of the central bank’s headquarters.

Trump told reporters later Friday in the Oval Office that he was not worried about the confirmation process, calling Warsh the “most qualified” person to take the helm of the Fed, based on his background and experience.

He also said he did not urge Warsh to cut interest rates, but admitted discussing the topic with him.

“I don’t want to ask him that question. I think it’s inappropriate, probably,” Trump said. “I want to keep it nice and pure. But he certainly wants to cut rates. I’ve been watching him for a long time.”

Warsh was previously appointed to the Fed in 2006 at the age of 35, making him the youngest person ever to serve on its board at that time. He was a board member until 2011.

During the 2008 financial crisis, he served as the Fed’s main liaison with Wall Street and earned a good reputation for stabilizing the situation.

Before that, he was a special assistant to President George W. Bush for economic policy and executive secretary of the White House National Economic Council.

After graduating from Harvard Law School in 1995, Warsh joined Morgan Stanley’s mergers and acquisitions division, where he worked for seven years and became vice president and executive director.

U.S. Treasury Secretary Scott Bessent said last week that the screening of candidates for the next Fed chief had narrowed to four finalists.

The four were said to be Warsh, Kevin Hassett, Trump’s top economic adviser, Christopher Waller, a Fed governor, and Rick Rieder, BlackRock’s chief bond investment manager.

Calling Warsh and Hassett “the two Kevins,” Trump had repeatedly said they were “great” in the weeks leading up to his official announcement.

Warsh was a finalist in the 2017 Fed chair race during Trump’s first term and was reportedly a candidate for Treasury secretary in his second presidency.

During his time on the Fed’s board, Warsh was considered a monetary hawk, meaning he was typically supportive of higher interest rates to curb inflation, even in the middle of the financial crisis.

Compared with Hassett, a close ally of Trump’s who has openly advocated lower borrowing costs for businesses and consumers, Warsh is seen by financial markets as someone who could protect the Fed’s independence from the White House.

However, Warsh, 55, an outspoken critic of the central bank, has increasingly aligned with Trump’s views in recent months. The forthcoming Senate process is likely to test his ability to withstand pressure from the president while also reassuring nervous investors.

In a November opinion piece in The Wall Street Journal, Warsh disapproved of the Fed’s current monetary policy and praised the Trump administration for advancing what he called “pro-growth” economic programs, focusing on deregulation and tax reforms.

Meanwhile, the White House press statement revealed a long list of public officials and financial market figures who responded positively to Warsh’s nomination to lead the Federal Reserve. Posted below are selected excerpts from the statement. Some parts in boldface.

The nomination has drawn widespread praise from lawmakers, business leaders, financial experts, and industry voices across the spectrum:

Senate Committee on Banking, Housing, and Urban Affairs Chairman Tim Scott: “The Federal Reserve’s decisions touch every American household, from mortgage rates to retirement savings, and President Trump has been clear that bringing accountability and credibility to the Federal Reserve is a priority, and his nomination of Kevin Warsh reflects that focus. As a former Federal Reserve Governor, Kevin has deep knowledge of markets and monetary policy that will be essential in this role. Federal Reserve independence remains paramount, and I am confident Kevin will work to instill confidence and credibility in the Fed’s monetary policy. As Chairman of the Senate Banking Committee, I look forward to leading a thoughtful, timely confirmation process that carefully examines his vision for focusing the Federal Reserve on its core mission.”

Sen. Jim Banks: “Kevin Warsh is a brilliant pick by President Trump for Fed Chair. Clear from what he wrote in 2021 he understands scale of China’s ambitions. As member of Banking Committee I look forward to working with him to maintain American financial supremacy.”

Sen. Marsha Blackburn: “Kevin Warsh is exceptionally qualified to lead the Federal Reserve as Chairman. I look forward to supporting this nomination in the Senate, and I am confident Kevin will help foster economic growth and create more opportunity for hardworking Americans.”

Canadian Prime Minister Mark Carney: “Kevin Warsh is a fantastic choice to lead the world’s most important central bank at this crucial time.”

Mortgage Bankers Association President and CEO Bob Broeksmit: “MBA congratulates Kevin Warsh on his nomination to serve as Chairman of the Federal Reserve. His prior service on the Federal Reserve Board, where he developed a reputation as a prudent, thoughtful voice on monetary policy, paired with his private sector experience, will be invaluable as he leads the Federal Reserve in what has become an increasingly challenging and complicated mission.”

U.S. Chamber of Commerce President and CEO Suzanne P. Clark: “Kevin is well known to the business community. We appreciate his years of focus on how we grow the American economy and maintain stable prices for America’s families, and look forward to his confirmation process.”

JPMorgan Chase CEO Jamie Dimon: “Kevin Warsh is a highly respected and experienced leader — across government, business and education — who I have seen act with integrity and a dedication to making our country better.”

Job Creators Network CEO Alfredo Ortiz: “Kevin Warsh is the perfect choice to lead the Federal Reserve. He has repeatedly demonstrated understanding of the true driver of inflation: excessive government money printing, not economic growth. Under his leadership, the Fed can finally reach its target inflation rate, something Chairman Powell has continually failed to do, while also expanding access to credit for small businesses. By protecting the value of the dollar, supporting economic growth, and boosting capital access, a Warsh chairmanship can backstop a booming small business economy. The Senate should quickly confirm him.”

Let me end this piece by asking you readers: What is your reaction to this development? Considering the wide-reaching positive reactions to Trump’s pick for the next Chairman of the Federal Reserve, do you feel confident that Warsh is the right choice? Do you hope to see Warsh make positive changes once he takes over as the head of the Federal Reserve? Have you been frustrated with the way Jerome Powell led the Federal Reserve and executed financial policies over the past several years?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Trump Delivers Largest Tax Refund Season in American History

January 28, 2026January 27, 2026carlocarrasco

While it is true that the economy of the United States is indeed growing, there are still a lot of Americans struggling financially. As such, the promised tax relief by US President Donald J. Trump is crucial for millions as the new tax season has started. The White House officially announced the largest tax refund in the nation’s history and there is professional feedback to support it.

To put things in perspective, posted below is an excerpt from the White House announcement. Some parts in boldface…

As tax season kicks off, millions of Americans are poised to receive significantly larger tax refunds thanks to President Donald J. Trump’s landmark Working Families Tax Cuts Act — which every Democrat in Congress opposed.

The historic legislation is delivering the biggest tax refund season ever, with average refunds projected to rise by $1,000 or more this year due to its transformative policies.

*Reference from the White House announcement.*

Economists and financial experts agree — 2026 will mark an unprecedented year for tax refunds:

USA TODAY: “The average refund in 2025 was $2,939, IRS data showed. This year, refunds could be as much as 30% more due to new provisions from President Donald Trump’s mega tax and spending bill, according to James Knightley, chief international economist at Dutch bank ING.”

CBS News: “Many Americans could see heftier tax refunds next year when they file their 2025 tax returns, largely due to new provisions enacted through the Republicans’ ‘one big, beautiful bill’ act that are retroactive to the start of the current year, according to an analysis from Oxford Economics. Total taxpayer savings could amount to an additional $50 billion through bigger tax refunds or a cut in their 2026 taxes…A $50 billion boost in tax refunds would represent an 18% increase from the $275 billion in refunds the IRS sent this year to nearly 94 million taxpayers who overpaid on their 2024 federal tax returns.”

The Wall Street Journal: “Refunds on average are expected to come in $1,000 higher than usual this year, according to a study by investment firm Piper Sandler.”

Business Insider: “The Tax Foundation estimates that the average tax refund will grow from $3,052 in 2024 to $3,800 for tax year 2025. Depending on your income and circumstances, you might get even more back.”

CNBC: “Tax experts and analysts have agreed that many filers will see bigger refunds… ‘Overall, we’re expecting these changes to increase refunds by 15% to 20% on average,’ Heather Berger, a U.S. economist with Morgan Stanley said…”

President Trump’s Working Families Tax Cuts Act provides broad-based tax relief for hardworking Americans, with the average taxpayer expected to see nearly $4,000 in total tax savings in 2026. Key provisions of the bill include No Tax on Tips, No Tax on Overtime, No Tax on Social Security, a deduction for auto loan interest on Made-in-America vehicles, and much more — putting more money back in the pockets of families, workers, and seniors.

For details about the One Big Beautiful Bill (OBBB) and the Working Families Tax Cuts, click here and here.

Let me end this piece by asking you readers: What is your reaction to this development? Do you think this new tax refund season will be very helpful to Americans who are struggling with making ends meet? Have you paid close attention to the details within the Working Families Tax Cuts and the One Big Beautiful Bill already? How many families in your local community have been anticipating the new tax refunds from the Trump administration? Do you think the new tax refunds will be able to boost gross domestic product (GDP) growth to 5% this year?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Trump’s America Urges Allies To Increase Defense Spending To 5% Of GDP

January 25, 2026January 24, 2026carlocarrasco

Under the leadership of US President Donald J. Trump, America’s new defense strategy urged its allies and partner to increase their defense spending to 5% of their gross domestic product (GDP), according to a news report by Kyodo News. This latest development could result in a chain of events in which American allies will not only spend more but also act more responsibly when it comes to securing their respective nations.

To put things in perspective, posted below is an excerpt from the Kyodo News report. Some parts in boldface…

A new U.S. defense strategy released Friday urges all American allies and partners to increase defense spending to 5 percent of their gross domestic product and be more responsible for their own national security.

Highlighting President Donald Trump’s “America First” and “peace through strength” agenda, the Pentagon’s policy document says they have a bigger role to play, but not as “the dependencies of the last generation,” as the United States needs to prioritize defending its homeland and its interests throughout the Western Hemisphere.

“We will advocate that our allies and partners meet this standard around the world, not just in Europe,” says the first National Defense Strategy since Trump’s return to the office a year ago, referring to the 5 percent defense target.

“As our allies do so, together with the United States, they will be able to field the forces required to deter or defeat potential adversaries in every key region of the world, even in the face of simultaneous aggression,” it says.

NATO members have already pledged to meet Trump’s demand to increase defense spending from 2 percent to 5 percent of GDP by 2035. The new NATO target is composed of 3.5 percent for core military spending and an additional 1.5 percent for security-related spending.

As the document praises Europe and South Korea for committing to raising their defense expenditures since Trump’s return to office, it appears inevitable that other major U.S. allies, including Japan, will face increased pressure from his administration to follow suit.

On par with the National Security Strategy, released by the White House in December, the key defense document touches on China and its fast-paced military buildup.

But the tone is softer compared to previous versions.

It says the second Trump administration’s approach is to deter China in the Indo-Pacific region through strength, “not confrontation.”

In the 34-page document, there is also no mention of Taiwan, the self-ruled island that China regards as its own territory and around which it has been stepping up military pressure.

“President Trump seeks a stable peace, fair trade and respectful relations with China, and he has shown that he is willing to engage (Chinese) President Xi Jinping directly to achieve those goals,” the document says, adding that Washington’s goal is not to dominate China.

“Rather, our goal is simple: To prevent anyone, including China, from being able to dominate us or our allies,” it says.

As part of efforts to meet that end, the U.S. military will erect a “strong denial defense” along the first island chain in line with the security strategy, according to the defense blueprint.

The island chain runs from the Japanese archipelago, through Taiwan, the Philippines and on to Borneo, encircling China’s coastal waters.

Let me end this piece by asking you readers: What is your reaction to this development? Do you think the new American strategy will create a huge impact on how the allies will defend their respective nations? Do you think this will lead to the containment of Communist China’s aggression on the Indo-Pacific? Do you think the new strategy could lead to more stability in both Asia and Europe?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Charter Of The Board Of Peace Ratified By US President Trump In Davos

January 24, 2026January 23, 2026carlocarrasco

The effort to transform Gaza from a region ravaged by conflict and the abuse of Islamic terrorists into a reformed place of opportunity and hope took major steps forward as US President Donald J. Trump formally ratified the Charter of the Board of Peace in Davos, Switzerland, according to the official announcement by the White House.

The historic ratification establishes the Board of Peace as an official international organization dedicated to reshaping the Gaza Strip by rebuilding it, redeveloping it and creating new opportunities for Gaza residents who have been abused and pushed around by the Palestinian terrorist group Hamas for so long. There are, however, legitimate concerns and questions about the Board of Peace.

To put things in perspective, posted below is an excerpt from the White House announcement. Some parts in boldface…

Today, in an historic ceremony in Davos, Switzerland, President Donald J. Trump formally ratified the Charter of the Board of Peace — establishing it as an official international organization. President Trump, who is serving as the Board’s Chairman, was joined by Founding Members representing countries around the world who have committed to building a secure and prosperous future for Gaza that delivers lasting peace, stability, and opportunity for its people.

It’s another pivotal step forward in realizing President Trump’s vision of transforming Gaza from a region plagued by conflict and despair into one defined by opportunity, hope, and vitality. The Board of Peace stands ready to mobilize global resources, enforce accountability, and guide the implementation of the next critical phases of demilitarization, governance reform, and large-scale rebuilding.

President Trump: “This Board has the chance to be one of the most consequential bodies ever created, and It’s my enormous honor to serve as its Chairman… Today, the first steps toward a brighter day for the Middle East and a much safer future for the world are unfolding right before your very eyes. Together, we are in a position to have any credible chance… to end decades of suffering, stop generations of hatred and bloodshed, and forge a beautiful, everlasting, and glorious peace for that region.”

Secretary of State Marco Rubio: “We are here today because of President Trump’s vision. If we go back just a few months ago, people thought what was happening in Gaza was impossible to solve… No one thought that that would ever come to a resolution without more fighting and more bloodshed along the way… But President Trump had the vision and the courage to dream the impossible, to believe that it was doable, and to pursue it with all of his heart.”

To see the entire White House announcement and images, click https://www.whitehouse.gov/articles/2026/01/president-trump-ratifies-board-of-peace-in-historic-ceremony-opening-path-to-hope-and-dignity-for-gazans/

Concerns and Questions – As mentioned earlier, there are some legitimate concerns and questions regarding the Board of Peace. Hamas itself has yet to be disarmed, and two of Israel’s enemies – Turkey and Qatar – are part of the Board of Peace.

For insight, posted below is an excerpt from the related article by Looking For The Blessed Hope. Some parts in boldface.

As part of the peace deal, President Trump proposed a “Board of Peace,” made up of world leaders who will quasi-govern Gaza while the Strip is rebuilt. That phase was to begin after conditions of Phase 1 (hostage return and disarmament) were met. In Davos, President Trump has already assembled that board and appears to be pushing the plan forward, despite Gaza’s lack of adherence to Phase 1 requirements.

So, who is on this infamous “Board of Peace,” announced today and chaired by President Trump himself? Quite frankly, it is shocking. First, there are ZERO Israeli representatives on that board. None…zero…zilch…nada! From the country that was attacked by those monsters. But guess who DID make the cut:

Several Americans close to Trump, including Secretary of State Marco Rubio (who has been a staunch supporter of Israel…let’s hope he keeps his head about him), Jared Kushner (Trump’s Jewish son-in-law/business man) and Steve Witkoff (special envoy who appears to be in the hip pocket of Qatar).

Some international bankers and investment firm billionaires, apparently there to help in the rebuilding of Gaza. Perhaps that will be advantageous, or perhaps they are there to serve their own best interests…we’ll see. Remember, this is a business deal as much (or more) than a foreign policy.)

Supposedly flaming antisemite, Turkish President Erdogan, has accepted an invitation. (If not, his Foreign Minister assuredly has.) Erdogan has publicly stated his intent to destroy Israel, and just recently said (in a conversation with Iran’s president), “Peace, stability, and security of Iran are strategic and vital importance to Turkey.” Why put an avowed Israel-hater in cahoots with the Iranian regime on the board to govern a terrorist enclave who also vows to destroy Israel? Insane!

Qatari Minister of Strategic Affairs Ali al-Thawadi is also among the board members. Qatar is the financial backbone of Iran’s proxies. They literally funded Hamas, Hezbollah and the Houthis in the 2-year war with Israel. What are we thinking?

For my previous blog posts regarding President Trump, Gaza and the Middle East, click here, here and here.

Let me end this piece by asking you readers: What is your reaction to this development? Do you think the Board of Peace will be able to fulfill its commitments while Trump remains as US President? Do you think Qatar and Turkey have something very sinister planned to ruin Israel while using the Board of Peace as a diplomatic shield? Do you think Trump and the Board of Peace will be able to pressure Hamas to disarm?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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