Legal & Political Landscape - The Supreme Court is hearing arguments on President Trump's use of emergency powers to enact tariffs, testing the limits of executive authority [1] - The core issue is whether a trade deficit constitutes a national emergency, justifying the president's unilateral imposition of tariffs [1] - Small businesses argue the tariffs are a national emergency for them, leading to a separation of powers issue [1] - Some members of Congress have expressed discomfort with the White House's unilateral trade policies [1] - The court's decision, potentially arriving in late June or early July, could significantly impact the president's economic agenda [5] Economic Implications - The case has major implications for America's economic policy, particularly regarding trade relations and consumer costs [1][3] - Other countries must abide by trade levels set by the US, impacting their relations [2] - Consumers are affected by the tariffs, influencing the origin and price of goods [3] - Existing tariffs, such as 10% or 15%, are under scrutiny [2]

Core Insights - Matson, the largest U.S. ocean container carrier, experienced a stock increase due to improved shipping prospects from China, despite reporting lower earnings in Q4 [1][2] - The company reported a net income of $134.7 million, or $4.24 per diluted share, down from $199.1 million, or $5.89 per diluted share, year-over-year [1] - Consolidated revenue for the quarter was $880.1 million, a decrease from $962 million in the previous quarter [1] Financial Performance - Operating income fell to $147.4 million from $226.9 million a year ago, with margins decreasing from 28.4% to 20.5% [3] - Logistics operating income declined year-over-year primarily due to reduced contributions from freight forwarding, transportation brokerage, and supply chain management [3] Market Trends - Domestic volumes for Hawaii increased by 0.3% and for Alaska by 4.1% year-over-year, while Guam's volume decreased by 4.2% [2] - The China business saw a significant decline of 12.1% due to tariffs and trade issues [2] Future Outlook - The company anticipates that customers in China will be cautious regarding inventory levels in Q4 2025, but expects a more stable trading environment due to reduced uncertainty from tariffs and geopolitical factors following a recent U.S.-China trade deal [4]

South Korea’s Kospi Index has surged 55% in the past year, the best performance among major countries, reflecting its status as Asia’s most attractively valued AI proxy.Asian equities have outperformed thanks to the region’s position at the heart of the AI supply chain — home to major chipmakers, foundries, and semiconductor-equipment bellwethers such as Taiwan Semiconductor Manufacturing Co., Samsung Electronics Co., and Tokyo Electron Ltd.Hartnett, for one, now expects the pace of outperformance to slow a ...

Justices will weigh whether the president lawfully levied global tariffs without Congress's approval ...

German medical-tech firm Siemens Healthineers expects the impact from tariffs to roughly double to €400 million in fiscal 2026 https://t.co/tKkDTiZfVN ...

China has halted retaliatory tariffs that it imposed on a range of US agricultural products, after Washington officially halved its fentanyl-related levies on Chinese goods https://t.co/GJE9RfCbdS ...

Carney seeks to fortify Canada against tariffs shocks in first budget https://t.co/26ctzarIuK ...

Core Insights - Weyco Group, Inc. reported financial results for the third quarter of 2025, showing a decline in both wholesale and retail segments, primarily due to reduced sales volumes and increased costs from tariffs [1][2][12]. North American Wholesale Segment - Wholesale net sales were $60.2 million, down 2% from $61.1 million in Q3 2024, with sales volumes decreasing by 7% [3]. - Florsheim brand saw an 8% sales increase, while BOGS and Stacy Adams experienced declines of 17% and 5%, respectively [4]. - Wholesale gross earnings as a percentage of net sales decreased to 35.7% from 40.1% year-over-year, impacted by incremental tariffs [5]. - Operating earnings fell by 20% to $7.5 million due to lower sales volumes and margin erosion [5]. Incremental Tariffs - The U.S. government maintained a 30% tariff on goods sourced from China, with ongoing trade talks potentially affecting future tariff rates [6]. - The tariff environment remains unpredictable, creating uncertainty regarding its impact on gross margins [6]. North American Retail Segment - Retail segment net sales totaled $73.1 million, down 2% from $74.3 million in Q3 2024, with gross earnings at 40.7% of net sales [8][10]. - Net earnings decreased by 18% to $6.6 million, with diluted earnings per share dropping to $0.69 from $0.84 [8][22]. Other Operations - Florsheim Australia reported flat net sales of $6.0 million, with gross earnings as a percentage of net sales increasing to 61.0% [11]. Strategic Decisions - The company decided to wind down operations of the Forsake brand due to lack of growth and profitability, with no material impact expected on consolidated financial statements [7]. Dividend Declarations - The Board of Directors declared a regular quarterly cash dividend of $0.27 per share and a special cash dividend of $2.00 per share, reflecting a return of capital to shareholders [13][14].

Core Viewpoint - Treasury traders are preparing for significant market movements due to the upcoming Supreme Court ruling on tariffs and the government's debt allocation announcement, which could impact bond markets and deficit financing [2][3][7]. Treasury Debt and Tariffs - The Treasury Department is expected to announce a bond issuance of $125 billion, maintaining stability in long-term offerings while relying more on short-term debt [11]. - Tariffs generated $195 billion in revenue for the fiscal year ending September, contributing to a reduction in the national deficit, which is crucial for perceptions of the U.S.'s ability to repay its $38 trillion debt [4][8]. - There is a 35% chance that the tariffs will be upheld, but the Supreme Court's decision may take weeks, creating uncertainty in the market [5][10]. Market Reactions and Predictions - If tariffs are ruled illegal, the Treasury may need to refund the $195 billion collected, complicating deficit financing and potentially leading to higher borrowing needs [8][10]. - A surprise reduction in longer-term Treasury auction sizes could lead to a decrease in yields for 10- to 30-year bonds by 0.1 to 0.2 percentage points [7][12]. - The expectation is that the deficit will exceed $2 trillion annually over the next decade, making reductions in longer-term issuance unlikely [12].

So why won't this war. >> But Nora, that was Joe Biden's war, not my war. I inherited that stupid war.>> As the bloodiest land war in Europe since World War II continues, >> but I brought I mean just a little list of of of look at this wars. >> President Trump wanted to make sure we saw the list of eight international conflicts he says he's been able to end since returning to office. And you have branded yourself the peace president.Well, I think I did pretty good. I I solved those are eight of the nine war ...