Exports of petroleum products and capital goods jumped to record highs reducing the U.S. trade deficit.
The capital goods item is interesting and I haven't seen it explained. That is a positive trend, if sustainable. The oil exportation one is not as it depletes a diminishing resource at the expense of U.S. consumers. A lot of it seems to be related to AI exports, which isn't necessarily good, aircraft production, and war related purchases. If all that is correct, it won't be sustainable at the current levels, probably.
Screwworms have reappeared in Texas after a sixty year hiatus. The Trump administration is blaming the Biden Administration, as that's its default thing to do, but the Trumpistas lifted protections that were in place and allowed importation of Mexican cattle via ports in a probable attempt to lower beef prices. This is likely to have the opposite effect. It's a more likely cause, although there were concerns about animals moving across the border illegally during the Biden Administration.
Mexico itself was screwworm free as of 1991. Somehow that got reversed one way or another, and now the problem is back. Given that, it probably was coming back no matter what. It is a major crisis.
Nobody has cited the weather, but it is spread by a fly, and that may very well have resulted to the spread of the flies range.
Inflation is up to 4.2%.
cont:
Reporter: Are you concerned, Mr. President, about the latest inflation number which came out this morning?
Trump: No, I love it. I love the inflation.
Johnson is already saying that's not what he meant.
June 14, 2026
Indeed, this would be horrible news:
Wyoming Outfitters, Hunters Say Screwworm Would Be Wildlife Disaster If It Hits State
‘A global rupture’: Carney calls for Canada-EU unity before G7 summit
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