Economy

Economy

Trump administration’s move to shut down USAID will have major economic impacts on North Carolina

The move will impact more than just the 10,000 workers the agency employs and the humanitarian work it does overseas. North Carolina is the fourth-largest recipient of USAID funding in the United States, with state-based organizations receiving nearly $1 billion a year. That funding helps bolster a robust global health sector that adds $31.9 billion every year to North Carolina’s economy and employs 120,000 people.

Read More »
Economy

Trump Wants a Trade War, North Carolina Could Pay Billions For It

Together, China, Mexico, and Canada represent 45% of all of North Carolina’s international trade– a $72 billion economy. The proposed tariffs would not only make North Carolina goods less competitive in these markets, but they would also increase costs for NC consumers who rely on imports from these countries.

Read More »
Economy

Trump’s federal freeze threatens disaster relief, school funding, state patrol in NC

The freeze would result in North Carolina losing billions of dollars in funding for disaster relief, public schools, and state agencies. Though the order was temporarily blocked by a federal judge, Rep. Deborah Ross explained that it has left state and federal officials confused on how to proceed. She remains hopeful that it will not be allowed to pass but expressed the importance of understanding what is at risk.

Read More »
Economy

Thom Tillis Struggles to Find a Position on Trump’s Tariffs

North Carolina Senator Thom Tillis (R) is continuing to struggle when asked about tariffs, careful not to criticize Trump while signaling his anxiety over the policy. Tillis was previously censured by the state GOP for holding views contrary to MAGA and now appears wary of stepping out of line with the movement.

Read More »
Economy

Newly-Elected Governor Josh Stein Pledges Long-Term Helene Support

Stein prioritized housing survivors, supporting businesses, and strengthening infrastructure in the mountain regions. He also shared stories of local residents he had met, including the operator of an AM radio station in Haywood County, a Watauga County business owner, and a McDowell County restaurateur.  

Read More »