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Appeals Court Case Against Trump’s Tariffs Explained | WSJ News
WSJ News· 2025-09-01 05:48
We got a big tariff decision from the US Court of Appeals here in Washington DC. This was a 74 ruling that the bulk of President Trump's tariffs are not legally justified. President Trump has overstepped his legal authority to impose these tariffs.So, this goes back to the so-called reciprocal tariffs that Trump first announced in April. President Trump had used an emergency law from the 1970s that had never been used for tariffs before. and the court said that basically you can't do that.It's a big test fo ...
Trump Ends De Minimis Tariff Rule: How Online Shoppers Will Be Hit | WSJ News
WSJ News· 2025-08-29 21:27
Policy Change Impact - The US government has suspended the duty-free *de minimis* rule, potentially increasing costs for consumers on e-commerce packages valued at $800 or less [1] - Foreign post offices are suspending e-commerce package shipments to the US due to the complexity of tariff collection [6] - US manufacturers anticipate increased demand due to a leveled playing field with foreign suppliers now facing similar import costs [8] Business Strategies & Challenges - Companies may consider housing inventory in US warehouses to avoid individual tariffs on packages [5] - Smaller businesses are expected to face greater challenges navigating the tariff changes compared to larger companies with more resources [6] - Businesses are exploring options such as paying tariffs upfront or halting shipments to the US to avoid passing costs to consumers [7] Consumer Impact - Consumers should anticipate potentially higher prices and reduced choices in the short term [8] - The exact impact on consumer costs remains uncertain, as companies may choose to absorb or share the tariff expenses [3]
Thailand’s Prime Minister Ousted by Court Over Controversial Call | WSJ News
WSJ News· 2025-08-29 16:31
Political Instability - Thailand's constitutional court ruled Prime Minister Petan Sinowat committed serious ethical breaches during a call with Hunen [1] - Petong Tang is the third family member ousted from the prime minister's office before term end, impacting the Sinoat dynasty [2] - Petong Tang accepted the court's ruling, emphasizing acting in Thailand's interest [2] - Thailand faces political limbo with the need to find a new prime minister [3] - Potential scenarios include the current coalition uniting, opposition forming a new coalition, or new elections [3][4] Economic Concerns - Thailand is undergoing a serious economic crisis, requiring efforts to maintain stability [3]
WSJ Correspondent Breaks Down Lawsuit After Fed Governor Sues Trump | WSJ News
WSJ News· 2025-08-28 23:07
Lisa Cook, a member of the Federal Reserve Board, filed suit against President Trump, the Federal Reserve itself, and the Fed chairman Jerome Powell, alleging that Trump's purported firing of Lisa Cook was illegal. This is 2 days after President Trump went to social media to fire Lisa Cook, uh alleging that she had filed a fraudulent mortgage application and that was sufficient cause to remove her uh before the expiration of her 14-year term. The president has the authority to fire those who are not aligned ...
Trump Administration Considers Using Illinois Naval Base as ICE Operations Center | WSJ News
WSJ News· 2025-08-28 16:41
Mr. . Hen, can you confirm that the uh there's a naval base that is going to be used as an ICE operations center hub north of Chicago uh ahead of operations in the city. There's discussions about that.Yes. How soon could we see ice agency. We'll see.It's under discussions. The planning is still being uh discussed. So, uh maybe by the end of today, but yeah, it's it's being discussed.And how many ICE agents are you anticipating on the ground there with National Guard will also use that naval base as a hub. U ...
Greenland Dispatch: Unpacking Claims of U.S. Secret Influence Campaign
WSJ News· 2025-08-28 12:57
Geopolitical Landscape - US interest in Greenland sparks international tension with Denmark due to alleged covert influence campaign [1][2] - Danish foreign ministry summons top US diplomat for talks following allegations of US intelligence gathering in Greenland [3] - Greenland's strategic location in the Arctic is crucial for international world security [4] Strategic Importance of Greenland - Greenland holds an extremely important strategic location in the Arctic [4] - The island is home to the northernmost US military installation, Pituic Space Base [4] - The Arctic is increasingly seen as a potential conflict node between the West and Russia or China [5] Resource Potential - Greenland is rich in mineral resources [4] US Objectives - US seeks to sew divisions between Denmark and Greenland and recruit members to a separatist movement [2] - US aims to collect information in Greenland, particularly about people supportive of the president's objectives [3]
Russia Launches Largest Strikes on Kyiv Since Trump-Putin Meeting | WSJ News
WSJ News· 2025-08-28 12:07
- This was the deadliest drone and missile attack on the capital since July, and as you can see behind me on the screen, it was an attack also on our delegation. ...
Kim Jong Un to Join Xi and Putin at China’s Military Parade | WSJ News
WSJ News· 2025-08-28 09:45
- 'Cause I have a great relationship with Kim Jong Un. I hope it stays that way, I think it will. I have a very good relationship, I understand him. ...
Two Children Killed in Minneapolis Catholic School Shooting | WSJ News
WSJ News· 2025-08-27 16:37
How are you guys. It was um Justin. There are no words that can capture the horror and the evil of this unspeakable act.Children are dead. There are families that have a deceased child. You cannot put into words the gravity, the tragedy, or the absolute pain of this situation.And don't just say this is about thoughts and prayers right now. These kids were literally praying. It was the first week of school.They were in a church. ...
Rivals and Partners: What to Expect From Xi-Modi Talks | WSJ News
WSJ News· 2025-08-27 11:11
India's Prime Minister Narendra Modi and Chinese leader Xiinping are going to be meeting in China on the sidelines of the SEO summit. This is a pretty big deal. India's Modi hasn't been to China in years.The two countries have had a rough patch in their relationships uh ever since a 2020 clash. This visit comes at a particularly interesting time. We've seen US President Trump lobby tariff threats around the world, but in particular at China and recently at India as well.Against that backdrop, it makes both ...