Trump says he's looking for a fast decision from the Supreme Court on the legality of his biggest tool for imposing tariffs https://t.co/2MarYqqusk ...

The vast majority of President Trump’s tariffs remain in limbo after an appeals court upheld a ruling that they were issued illegally. Here's what to know https://t.co/CbmFkdG6ar ...

Flight of the big important week. And then on the other side of the world where three of the most powerful leaders in the world really showed an affection and agreed on an agenda going forward. And frankly, for me, seeing Modi as one of those three leaders comes as a surprise, given where we were just three months ago with India, where we were on the verge of concluding one of the earliest trade agreements with Delhi.And so, boy, things have changed quickly. I'm not saying that Modi is all in with Xi Jinpin ...

Crypto Venture & Financial Implications - The Trump family's crypto venture has reportedly generated $5 billion in paper wealth [1][2] - Concerns exist regarding potential conflicts of interest, as the federal government is crafting cryptocurrency regulations while the Trump family profits from this venture [2] - The former CEO of Binance, which supports the venture's stable coin, is facing legal issues, raising further concerns [2] - A potential crypto crisis could lead to a financial crisis, potentially requiring a bailout using taxpayer money [2] Tariffs & Market Impact - The market is reacting to a court ruling against President Trump's tariffs, with concerns about the impact on US debt and interest payments [2] - The bond markets suggest that the estimated $4 trillion in revenue from tariffs is crucial for managing US debt [2] - The potential invalidation of tariffs could lead to importers seeking refunds, creating a complex legal and administrative challenge [6] - The tariffs are expected to raise $3 trillion over the next decade [7] - Retailers like Walmart, Target, and Dollar General may benefit from the removal of tariffs [3][4]

President Trump said his administration would ask the Supreme Court for an expedited ruling in hopes of overturning a federal court decision that many of his tariffs were illegally imposed https://t.co/Uk199f0oFW https://t.co/2CXmj5awjT ...

Trade Relations - The US is not considering lowering tariffs on India [1] - The US doubled levies on India's imports to 50% [1] Geopolitics & Energy - The tariff increase is a punishment for India's Russian oil imports [1]

I think the level of tariffs the president's indicated this is the level he wants and how he gets there I think is the only question. >> A appeals court upholding a lower court's decision that the tariffs that he issued on April 2nd are deemed illegal under AIPA. The court though did leave some breathing room for the Trump administration to appeal that ruling.Those tariffs remaining in place until October. The president to appeal that to the Supreme Court. Remember this applies to the Liberation Day tariff. ...

Joining me now, Mark Short. He's the former chief of staff to Vice President Mike Pence, also a CNBC contributor. It's good to see you.Welcome. It's nice timing to have you. Thanks, Scott.Good to be here. I mean, you you've been pretty critical uh even publicly of of these tariffs. What' you make of the court ruling.Well, I think the court ruling Friday night was a good win for taxpayers. I think that everyone knows that in article 1, section 8 of the constitution that it the our founders clearly designed t ...

President Donald Trump said his administration would ask the Supreme Court for an expedited ruling in hopes of overturning a federal court decision that many of his tariffs were illegally imposed https://t.co/iCCJAXxgg5 ...

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]