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X @The Economist
The Economist· 2025-08-31 11:20
Even if the president does lose this case, he has other legal authorities to try out on the courts. Anyone hoping for a refund on tariffs already paid will be waiting a while https://t.co/RVY4SLXODn ...
'The American Constitution won.' Neal Katyal celebrates after Trump's tariffs ruled illegal
MSNBC· 2025-08-30 23:57
A federal appeals court ruled most of Trump's global tariffs are in fact illegal, striking a massive blow to his trade policy, if you want to call it that. Trump reacting in typical Trump fashion, writing on his truth social site in part, quote, "Today, a highly partisan appeals court incorrectly said that our tariffs should be removed, but they know the United States of America will win in the end. Now, with the help of the United States Supreme Court, we will use them to the benefit of our nation. Joining ...
X @BBC News (World)
BBC News (World)· 2025-08-30 22:11
Reeling from Trump's tariffs, India and China seek a business reboot https://t.co/6TZRC8MkPn ...
X @The Economist
The Economist· 2025-08-30 20:45
Trade & Policy - The president anticipates Supreme Court justices will eventually support him in preserving tariffs [1]
‘Stay within your lanes’: Oregon AG sends warning to Trump on tariffs and national guard threat
MSNBC· 2025-08-30 14:26
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 ...
X @BBC News (World)
BBC News (World)· 2025-08-30 11:57
What happens next after Trump tariffs ruled illegal? https://t.co/COnHNwyEJM ...
X @Bloomberg
Bloomberg· 2025-08-30 07:30
RT Jennifer A. Dlouhy (@jendlouhyhc)Conservatives spent years advancing the major questions doctrine, arguing federal agencies can’t decide sweeping political & economic matters without clear congressional authorization.Guess what principle just got in the way of Trump’s tariffs?https://t.co/JOXGBzt7xV https://t.co/bF7UQUT1uB ...
Trump faceplants in court on tariff power grab; burned again for overreach
MSNBC· 2025-08-30 04:32
where we are following the breaking news that a federal appeals court has ruled almost all of Donald Trump's tariffs are illegal. Trump imposed the vast majority of his tariffs under a law that allows the president to regulate international commerce during a national emergency. But the courts found that the law does not grant the president the authority to impose sweeping tariffs against nearly every country on the planet. No kidding. And you do not have to be an expert in international trade law. I am not ...
Trump Just Crashed The Crypto Market | XRP Holders Please Listen
Market Manipulation & Volatility - The analysis suggests potential market manipulation, particularly heading into weekends, with references to actions reminiscent of earlier in the year [1][2][19] - The report anticipates volatile swings in the crypto market over the Labor Day weekend due to market manipulation [28] - The analysis highlights the impact of Trump's statements on tariffs, causing confusion and pressure on price action in both crypto and stock markets [22][23] Crypto Market Analysis - The crypto market experienced a rough week, with most altcoins down over 6%, HBAR down 93%, XLM down 133%, and Ethereum down 82% [3] - Bitcoin reached 1078 thousand, with the analysis suggesting a potential bottom is near, but a close below 101 thousand on the weekly or 1056 thousand on the daily should be avoided [3][11][31][32] - Ethereum is considered a key indicator for altcoin performance, with the analysis watching for a potential breakout [14][15] - XRP is currently stronger than Bitcoin, but a loss of August lows could lead to a target of $236 to $260 [9][34] - The market cap of crypto is approximately 374 trillion, down from a high of 419 trillion on the 13th [7] - The Altcoin Season Index is at 58 out of 100, indicating altcoins are currently stronger than Bitcoin and Ethereum [9] Fear and Greed Index - The Fear and Greed Index is at 39, indicating fearful levels, the lowest since June [8] S&P 500 Analysis - The S&P 500 closed at approximately 6460, reaching a new all-time high of approximately 6500 on Thursday [29] - The analysis suggests the S&P 500 will likely continue higher, despite discussions around tariffs and trade wars [30] Investment Strategy - The analysis advises preparing for volatility and having stablecoins ready, suggesting potential buying opportunities next week [37] - The report emphasizes that this is not a time to be concerned or shaken out of the market, as a major move to the upside is expected [6][21] Economic Outlook - The analysis anticipates potential rate cuts by the Federal Reserve in September, despite the reintroduction of tariffs [38]
X @Watcher.Guru
Watcher.Guru· 2025-08-29 22:13
JUST IN: 🇺🇸 President Trump says "all tariffs are still in effect" despite appeals court ruling against them. ...