Trump, Tariff
Digest more
Among the strongest performers, Thermo Fisher Scientific rose 12%, topping the leaderboard for large-cap stocks, followed by T-Mobile US, up 9%.
The investment bank thinks a 9–0 ruling against Trump is likely. That doesn’t mean the tariffs will just go away.
3h
Cryptopolitan on MSNWall Street is betting against Trump’s trade deals as lawsuits advance to the Supreme CourtWall Street analysts are betting hard against Trump’s trade agenda surviving in court. The lawsuits stacking up across the country are gunning straight for the legal base of his tariff powers. And they’re not just hoping to overturn a few decisions;
Pakistani Foreign Minister Ishaq Dar claimed that his country is “very close” to locking down a tariff deal with the US ahead of President Trump’s fast-approaching Aug. 1
The agreements have been overshadowed by U.S. firms' warnings that the tariffs will affect their bottom lines and prolong uncertainty in the economy.
The Trump administration’s move to pull Habba’s nomination and then install her in an acting capacity appears to take advantage of a section of the Federal Vacancies Reform Act, which allows an acting officer to serve in a position for no more than 210 days if no one is nominated to the position.
3don MSN
U.S. President Donald Trump’s trade deal with Japan has sparked fresh optimism that the global economy will manage to avoid getting hit with extremely elevated tariffs, even as many U.S. trading partners still don’t have agreements.
President Trump on Thursday introduced new rules for the NIL and revenue-sharing deals that have shaken up college sports in recent years.
Trump officials hope deals with two Ivy League schools create a template that others, including Harvard, Princeton, Brown, Cornell and Northwestern, will follow.
Trump’s so-called reciprocal tariffs are scheduled to go into effect on August 1 after a 90-day delay—just as American families begin back-to-school shopping—and could hike up the cost of consumer goods imported from other countries.