With his move to impose new global tariffs, US President Donald Trump isn’t just trying to repair a trade policy dismantled by the Supreme Court. He’s also declaring the country is facing a profound balance-of-payments crisis. https://t.co/Q3NPi7VTVi ...

The Supreme Court’s ruling that most of Trump’s tariffs are illegal has given the world a glimpse of U.S. trade policy long after the president has gone, writes Greg Ip https://t.co/I9BsxpkGf3 ...

And now I want to turn to Republican Congressman Kevin Kylie of California. He recently voted to oppose President Trump's tariffs on Canada and he's also a member of the House Judiciary Committee. Congressman, thank you so much for joining us.I want to start with this huge announcement, of course, of this 10% global tariff. Uh here's what the president said when my colleague Ryan Nobles asked if he'd need congressional approval. Take a listen.>> Wouldn't you just work with Congress to come up with a plan. > ...

The US Supreme Court struck down President Donald Trump’s global tariffs, dealing a blow to the center piece trade policy of his administration: Here's your European Evening Briefing https://t.co/vsC7XuABfh ...

The only sure remedy for a broken trade policy lies with Congress and the White House (via @opinion) https://t.co/UAz64GOdG7 ...

Industry Challenges - Washington's erratic trade policy is causing pain for GM [1] - Retreat from EVs is adding to GM's difficulties [1]

Trade Policy Analysis - Trump's trade policy is a culmination of past approaches [1] - The U S needs a new approach to trade [1]

Trade Policy & Tariffs - The Supreme Court is reviewing tariffs related to the emergency powers act (IPA), potentially requiring the US to issue massive rebates if the tariffs are deemed illegal [3][4] - The US has collected slightly less than $100 billion from IEPA tariffs so far [5] - The administration has until October 14th to appeal to the Supreme Court, with a ruling potentially delayed until next summer, creating significant uncertainty [5] - The administration could use statutes 232 and 301 to reimpose reciprocal tariffs if IPA is struck down, but this would keep businesses in tariff limbo [6][7] Bond Market & Interest Rates - The bond market is reacting to expectations of reduced tariff revenue, potentially negatively impacting stocks and leading to higher interest rates [9] - S&P maintained the US credit rating last month largely due to increased tariff revenue, which was expected to offset negative fiscal impacts from the $34 trillion one big beautiful bill [10] Economic Impact - Potential refunds due to the Supreme Court ruling on tariffs and the uncertainty surrounding trade policy are key concerns for businesses [7]

Brazil’s Luiz Inacio Lula da Silva is convening a virtual meeting of BRICS leaders next Monday to discuss Donald Trump’s trade policy https://t.co/lusnG5QdBb ...

President Trump says he's taking his case on tariffs to the Supreme Court. No surprise there. This comes after a federal appeals court ruled last night that most of his global tariffs are illegal, which is a massive blow to the core of the president's aggressive trade policy and economic vision.Here's a huge caveat, though. The judges said the tariffs can stay in place as the case proceeds. The ruling held that Trump does not possess unlimited power.Shocker. under the law to impose taxes on nearly all US im ...