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The less independent the Fed is, the more the yield curve will steepen: National Alliance's Brenner
CNBC Television· 2025-09-02 18:43
What is going on. Let's answer that question with Andy Brener, head of International Fixed Income at National Alliance. He puts out must-read market commentary, and he joins us now.Andy, it's great to have you back on the program. It's been too long. What is happening with global fixed income markets.Brian, it's it's a new month and uh what you have is a lot of supply coming. You have supply coming all throughout Europe and you have supply today in the in the corporate markets. We counted about 25 deals tod ...
Appeals court strikes down many of President Trump's tariffs, ruling they are illegal
CNBC Television· 2025-09-02 15:16
In the meantime, many of the president's global tariffs are in doubt, as you might know, following that high-profile court ruling on Friday. Our Aean Jav has more on that this morning. Morning, Aean. >> Yeah, good morning, guys. We will see the president uh on camera today uh in an unrelated event this afternoon. So, we may hear from him directly on this court ruling that came down late on Friday. But his top trade adviser, Peter Navaro, said yesterday it'll be the end of the United States if President Trum ...
Our founders gave decisions over tariffs and taxes to Congress, not the president: Neal Katyal
CNBC Television· 2025-09-02 13:01
Legal & Regulatory Landscape - A federal appeals court ruled President Trump overstepped his authority imposing tariffs [1] - The court decision favors the argument that tariff decisions belong to Congress, not the President [2] - The administration has until October 14th to decide whether to appeal to the Supreme Court or go to Congress [18] - The Supreme Court previously ruled that Congress must affirmatively authorize rules, referencing the 1950 steel mill seizure case [7][8] Potential Business Impact - Businesses are in a difficult position, needing clarity on tariff rules for long-term planning [13][15] - Some businesses are considering manufacturing in the US due to the tariffs, while others are waiting for the situation to resolve [13][14] - The legality of tariffs collected is questioned, with potential for refund actions if the ruling stands [10][11] Presidential Powers & Limitations - The President has limited power to impose a 15% temporary tariff for 150 days under Section 122 of the Trade Act [17] - The tariffs imposed exceeded the President's power by being up to 50% or even 150% and indefinite [17]
X @BBC News (World)
BBC News (World)· 2025-09-02 05:26
Trump says India offered to remove tariffs on US goods https://t.co/9RMod49z6w ...
Why GOP lawmakers may be in 'politically sticky situation' with Trump's tariffs
MSNBC· 2025-09-01 20:36
A federal appeals court ruled that President Trump overstepped his authority when he used emergency powers to launch sweeping tariffs in April. Now, as you heard, White House trade adviser Peter Navaro says they're ready to take the case all the way to the Supreme Court. On Friday, the panel ruled that the power to impose tariffs lies lies in fact with Congress.The appeals court did, not the president. Joining us now, MSNBC White House correspondent Aaya Gardner and CNBC senior analyst and commentator and p ...
X @The Wall Street Journal
Watch: The U.S. Court of Appeals for the Federal Circuit rejected President Trump’s tariffs. WSJ’s Gavin Bade explains the ruling and its implications. https://t.co/XK0nZWdmvL ...
X @Bloomberg
Bloomberg· 2025-09-01 14:44
President Donald Trump’s latest legal setback on tariffs increases uncertainty for American importers while delaying the economic dividends Commerce Secretary Howard Lutnick predicted the administration would generate https://t.co/8n0TT9tSCM ...
‘Expensive publicity stunt’: Alligator Alcatraz’s decommissioning leaves Floridians on the hook
MSNBC· 2025-08-31 21:16
Tariffs and Trade - The Trump administration views tariffs as a show of strength to bring trading partners to the negotiating table, despite potential isolation on the global stage [2][3] - Tariffs inject uncertainty into financial markets and the global economy, raising the prospect of continued inflation borne by US businesses and consumers [4] - A court ruling stated tariffs are taxes, leading to a major tax increase on American families and workers, contradicting the Republican party's traditional stance on low taxes [9][10] - Uncertainty caused by tariffs makes prices higher for consumers because businesses can't make efficient decisions [8][9] - Some countries are suspending shipments to the US as a rule exempting cheaper goods from tariffs expired [2] Public Health and CDC - The CDC is facing a significant crisis, with concerns about political interference and the undermining of credibility in the nation's leading health agency [12][15] - Concerns exist that the firing of the CDC director was to suppress dissent against the HHS Secretary's anti-vaccine agenda, creating uncertainty during the flu season [13][14] - The decision to make the COVID vaccine less available is viewed as detrimental to the country [17] Florida Politics and Finances - A project to convert a facility for detainees in the Everglades is considered an expensive publicity stunt and a waste of resources for Florida taxpayers [20][21][23] - The Everglades project is viewed as an unnecessary effort by Governor DeSantis, potentially costing taxpayers a significant amount to dismantle or maintain [22][23]
X @The Wall Street Journal
Two consequential things happened for the diamond-jewelry industry this past week: Taylor Swift got engaged, and America placed 50% tariffs on the country that exports most of those stones https://t.co/jY4U0ad8rb ...
Ro Khanna says ‘we will have 2028 elections’ despite Newsom’s warning: Full interview
NBC News· 2025-08-31 13:12
Welcome back. And joining me now is Democratic Congressman Ro K Connor of California. Congressman Kana, welcome back to Meet the Press.>> Good morning. Thanks for having me on. >> Well, it's wonderful to have you back.And I do want to start with the CDC congressman. President Trump's decision to fire the CDC director Susan Minarz just weeks after she was sworn in and after she clashed with HHS Secretary Kennedy over the issue of vaccines. Four other top CDC scientists quit in protest.Now, I had the opportun ...