Well, with Donald Trump's government shutdown now threatening the reliability of air travel in the United States, giving Americans new worries today about every airline reservation anyone currently holds for air travel in America, including Thanksgiving travel. Donald Trump gathered in the Oval Office with pharmaceutical company executives to discuss possible future price reductions for what Donald Trump inelegantly calls the fat drug. So today I'm thrilled to announce that the two world's largest pharmaceu ...

Tariffs and Trade - The administration believes the president has the authority to decide what constitutes a foreign policy emergency and implement tariffs [2][3] - Tariffs are considered a key tool to address trade deficits and enhance national security, interwoven with economic security [7] - Nearly $200 billion in tariff revenue has been collected as of September 30th [10] - Reversing or watering down the tariff policy could damage financial markets and confidence [12] - Contingency plans exist to implement tariffs through other avenues if the court rules against the administration [16] Economic Impact and Policy - The administration views tariffs as a centerpiece of the economic agenda, crucial for re-industrialization and attracting foreign capital [8] - A negative court ruling on tariffs could cause unnecessary economic pain and hardship [8] - The government shutdown could lead to a loss of up to $15 billion a week, potentially reducing GDP by half a percentage point [20][21] - The Treasury increased bill issuance to rebuild its balance, with bill issuance around 20% of total issuance, aligning with the historical average [24] - The administration believes interest rates are too high and hopes the Federal Reserve will lower rates, which would help the housing sector [24][25]

Binky Chadha, Deutsche Bank chief global strategist, and Peter Boockar, One Point BFG Wealth Partners CIO, joins 'The Exchange' to discuss the SCOTUS' decision on tariffs, if bond yields could soon spike and much more. ...

JUST IN: 🇺🇸 President Trump says he has a backup plan if Supreme Court rules against his tariffs. ...

The Trump administration had a rough go during oral arguments at the Supreme Court. Both liberal and conservative justices expressed scepticism about the president’s tariffs https://t.co/eX97DYAR5g ...

dealings with foreign powers, but the vehicle is imposition of taxes uh on on Americans and that has always been the core power of Congress. So to have the president's foreign affairs power trump that that uh basic power uh for Congress uh seems to me to kind of at least neutralize uh between the two powers, the executive power and the legislative power. >> Let me say two things in response to that.First, the notion that these are the taxes are all born by Americans and are not borne by foreign foreign prod ...

Legal challenges to Trump-administration tariffs have reached the Supreme Court. @stevenmazie tells “The Intelligence” the early signs are that they will be struck down https://t.co/qAi3EUQPxl ...

Trade Relations - U_S announced changes in reciprocal tariffs with China after agreement [1] - Markets are bullish following the announcement [2]

Chief Justice John Roberts and Justices Amy Coney Barrett and Neil Gorsuch each have distinct reasons to question President Trump's tariffs maneuver, @NoahRFeldman writes (via @opinion) https://t.co/ITDouQcBpX ...

President Donald Trump’s use of broad powers to impose his signature tariffs faced a barrage of skeptical questions at the Supreme Court on Wednesday that signal it may be ready to intervene https://t.co/MOQ3IsDqsl ...