Keyword: tariffs
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President Trump said Saturday he’s going to bump his newly imposed global tariff to 15%, in the wake of the Supreme Court decision blocking his sweeping import taxes on international trading partners.The increase was “based on a thorough, detailed, and complete review of the ridiculous, poorly written, and extraordinarily anti-American decision on Tariffs issued yesterday, after MANY months of contemplation, by the United States Supreme Court,” Trump wrote on his Truth Social. “During the next short number of months, the Trump Administration will determine and issue the new and legally permissible Tariffs, which will continue our extraordinarily successful process of...
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President Trump said on Saturday that he is going to raise his global tariff to 15%, up from 10% he imposed on Friday, after the Supreme Court struck down a set of sweeping global tariffs.
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Canada's woke, female , DEI Minister of Defence announces the hiring of foreign nationals into the Canadian Military for the purpose of attacking and destroying provincial oil infrastructure , and the waging of war against its own citizens, especially in Alberta and Saskatchewan. This is a chilling move disguised from the public by military recruitment code numbers.Stirling Thomas does an incredibly accurate reveal as to where the tyrannical liberal elites are prepared to take Canada in order to preserve their protective tariff economy from being an open market, as well as preparations to have foreign military willing to wage war...
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In yet another reckless move by the far-left Liberal government, Canada is now throwing open the doors of its military to foreign nationals, offering them a fast-track path to permanent residency.Under Prime Minister Mark Carney’s regime, skilled immigrants from around the world can now snag jobs in the Canadian Armed Forces (CAF) as doctors, nurses, or even pilots, and get expedited immigration status in return.
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About the report Article II of the US Constitution mandates that the president periodically inform Congress about the "state of the union," including budget reports and legislative proposals. It is also a chance for the president to review their achievements, with not just Congress watching live, but the public as well. President Trump is set to deliver the 2026 State of the Union address on Tuesday, February 24th. Throughout history, the State of the Union and similar speeches have been heavy on policy or accomplishments, but have seldom been nonbiased. This is where the 2026 State of the Union in...
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https://x.com/JoeLang51440671/status/2024919966634361197 JoeLange@JoeLang51440671·1hI keep telling people that everything has changed and nothing can stop what’s coming.The Supreme Court just “helped” Trump and most people can’t see it.They struck down tariffs based on the IEEPA law, that has been abused by past presidents, especially Obama, as I just laid out in a two part thread.That law is so broad, that it actually endangers America, when used by a corrupt president like Obama.And this ruling did nothing to stop Trump from imposing tariffs.Trump immediately declared that he would restore the tariffs struck down because of the IEEPA law.How?NATIONAL SECURITY.And here’s what most people...
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It isn't over until it's over, or the Fat Lady Sings. Tariffs, are not done. Here is Scott Bessent also speaking on the supject today: Scott Bessent Supposedly, Kavanugh's dissent included the roadmap for what Trump should use, that his use of that Emergency Act he ued was the wrong one to use, and pointed to the correct one. Here's the best I cvan find for that aspect of the riuling: Kavanaugh in dissent: Bad policy or not, Trump's tariffs were 'clearly lawful'
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Gov. JB Pritzker is demanding President Trump refund the state of Illinois more than $8 billion after the U.S. Supreme Court struck down his sweeping reciprocal tariffs Friday. The court ruled 6-3 that the International Emergency Economic Powers Act, or IEEPA, does not authorize the president to impose tariffs. Now businesses are pressing the Trump administration to issue tariff refunds, and Gov. Pritzker has joined in their call. In a letter to Mr. Trump that Pritzker shared publicly, he wrote, "Your tariff taxes wreaked havoc on farmers, enraged our allies, and sent grocery prices through the roof. This morning, your...
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The Trump Administration will take the following actions in short order to ensure continuity in reaching these goals and as part of our negotiated agreements with numerous trading partners: Immediately impose a temporary 10 percent surcharge on articles imported into the United States, pursuant to Section 122 of the Trade Act of 1974. Initiate several investigations under Section 301 of the Trade Act of 1974 (“Section 301”) to deal with unjustifiable, unreasonable, discriminatory, and burdensome acts, policies, and practices by many trading partners. We expect these investigations to cover most major trading partners and to address areas of concern such...
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President Donald Trump on Friday escalated his criticism of the U.S. Supreme Court following its decision to strike down most of his sweeping global tariffs, suggesting that “foreign interests” may have influenced the justices who ruled against him. The comments came just hours after the high court, in a 6–3 ruling, determined that Trump had exceeded his authority by imposing broad import duties under the International Emergency Economic Powers Act. Writing for the majority, Chief Justice John Roberts concluded that the statute does not grant a president the power to levy tariffs, a responsibility the Constitution assigns to Congress. During...
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The Supreme Court’s tariff decision landed about where conventional wisdom said it would: The justices ruled 6–3 that the International Emergency Economic Powers Act simply doesn’t give the president the sweeping authority the Trump administration claimed. That’s not a political rebuke. It’s a legal one, and a narrow one at that. Chief Justice John Roberts put the bottom line plainly: “We hold that IEEPA does not authorize the President to impose tariffs.” That’s it. Not that tariffs are unconstitutional. Not that Trump’s trade agenda is illegitimate. Just that this particular statute doesn’t do the work the administration wanted it to...
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Trump Tariffs Achieve What Economists Said Was ImpossibleThe Wall Street Journal’s headline on Thursday’s trade data declared that “America Imported a Record Amount Last Year Despite Seismic Trade Policy Changes,” emphasizing that the annual deficit “was little changed” and concluding that the tariffs “did little to dissuade Americans from importing.” Bloomberg declared: “US Notches One of Its Biggest Annual Trade Gaps Since 1960.”Sounds scary enough to make some doubt that President Trump’s tariffs were having any effect at all. Maybe all those anti-tariff pundits were right and tariffs could not rebalance trade. That, of course, is precisely the reaction the...
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The U.S. trade deficit has fallen by nearly half since President Trump’s Liberation Day tariff announcements in March, with the December gap coming in 48 percent smaller than the March peak.The combined goods and services deficit dropped to $70.3 billion in December from $136.0 billion in March, a decline of $65.7 billion, according to Commerce Department data released Thursday. The goods deficit alone fell 39 percent, from $162.1 billion to $99.3 billion.The dramatic nine-month improvement suggests Trump’s tariff strategy is achieving its core objective of reducing America’s trade imbalance. March represented the peak of the deficit as importers rushed to...
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A senior US senator clashed with Danish and Greenlandic leaders on the margins of the Munich Security Conference last week, refueling fears that the US appetite for the Arctic island has not faded. Tensions in US-Danish relations had calmed after Donald Trump walked back threats to deploy military force to acquire Greenland and to impose tariffs on eight European countries that were deploying troops on the island. But during a meeting with the two European leaders — Denmark’s Mette Frederiksen and Greenland’s Jens-Frederik Nielsen — Republican lawmaker Lindsey Graham warned that if Trump wanted Greenland, Washington could simply take it,...
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White House economic advisor Kevin Hassett said Wednesday that the authors of a recent New York Federal Reserve paper that found U.S. companies and consumers are shouldering most of the tariff burden should be “disciplined.” In a CNBC interview, the National Economic Council director ripped the report, saying that central bank researchers ignored key aspects of how the duties worked and instead simply focused on prices. Hassett said the research also should have included the upward impact on wages and benefits that U.S. companies see by bringing more production onshore.
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The Supreme Court ruled 6-3 on Friday against President Donald Trump’s sweeping global tariffs, striking down a central part of his economic agenda. The case focused on tariffs Trump imposed under a 1977 emergency powers law known as the International Emergency Economic Powers Act (IEEPA).
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The Supreme Court will be releasing opinions this morning at 10:00 a.m. Scotusblog will be live streaming the opinions and we will be following along.A list of the pending cases can be found at: SCOTUS casesThere are four cases remaining from the October sitting yet to be decided. Of interest is Louisiana v. Callais (Voting Rights Act) Issue: Whether Louisiana’s intentional creation of a second majority-minority congressional district violates the 14th or 15th Amendments to the U.S. Constitution.We may get that Opinion or maybe the tariffs case today. Or we may get just one or two boring opinions. In total...
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The Supreme Court on Friday blocked President Donald Trump’s use of an emergency law to unilaterally impose sweeping tariffs on most U.S. trading partners, delivering a blow to the president in a case centered on one of his signature economic policies — one he characterized as "life or death" for the U.S. economy. In a 6-3 decision, the justices invalidated Trump's tariffs. The Supreme Court heard oral arguments in November in the case, which centered on Trump’s use of the International Emergency Economic Powers Act (IEEPA) to enact his "Liberation Day" tariffs on most countries, including a 10% global tariff...
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WASHINGTON — Delivering a major blow to President Donald Trump, the Supreme Court on Friday ruled that he exceeded his authority when imposing sweeping tariffs using a law reserved for a national emergency.
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President Trump kicked off a campaign rally in Georgia with a fiery defense of his tariff policy, arguing he has the “right,” as president, to set them. The Supreme Court could rule as soon as Friday on the legality of Trump’s tariff agenda. “I have to wait for this decision. I’ve been waiting forever, forever, and the language is clear that I have the right to do it as President, I have the right to put tariffs on for national security,” Trump said. He argued the tariffs against countries like China and Canada were targeting nations that have “ripped us...
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