Allowing Iran to charge tolls for transit through the Strait of Hormuz would mark a dangerous and unacceptable precedent, according to the head of the world’s main shipping watchdog https://t.co/QBNWAXfvu0 ...

As the country becomes the largest international trading empire, its transactions can be paid with its currency, making it the preferred global medium of exchange. And because their currency is so widely accepted and frequently used, people around the world want to save in it, making it the preferred storehold of wealth and thus the world's leading reserve currency. The Gilder was the world's main reserve currency when the Dutch led world trade. The pound was when the British led and the dollar has been sin ...

RT Nick Szabo (@NickSzabo4)You left out the most important information.Pakistan, Japan, China, and a considerable number of other countries have negotiated terms of passage with Iran for their ships. Iran is letting them them through Hormuz under their new rules. Oil, gas, fertilizer, etc. are starting to flow again for the growing list of countries that have agreed follow Iran's rules regarding safety, security, and terms of payment. ...

RT Nostra, House of Gold (@Nostre_damus)Japan is buying oil in Chinese yuan therefore Iran will allow Japanese oil tankers through the strait ...

Core Insights - Tariffs have led to an increase in job opportunities specifically in legal and compliance firms that manage tariff-related lawsuits and regulatory complexities [1] - Job postings related to "tariff" or "international trade" have risen by 25% on Indeed.com over the past year, indicating a growing demand for specialists in these areas [1] - Despite the intended revival of manufacturing jobs, the economy has lost 19,000 jobs overall and 89,000 manufacturing jobs since the implementation of tariffs [1] Industry Impact - Legal and compliance firms are experiencing growth due to the influx of tariff-related lawsuits, with companies hiring specialists to navigate the complexities of import tax regulations [1] - The Supreme Court's ruling on the legality of many tariffs has led to a surge in lawsuits, benefiting law firms that specialize in international trade [1] - The uncertainty surrounding tariffs has created a demand for compliance experts, as businesses seek to understand and adapt to changing trade policies [1] Employment Trends - As of February, 532 out of every 1 million job postings on Indeed.com included "tariff" or "international trade," reflecting a significant increase from 424 postings the previous year [1] - The rise in tariff-related job listings is seen as an unintended consequence of tariff policies that have generally stifled broader job creation [1] - Many firms are absorbing tariff costs rather than passing them on to consumers, which has limited their ability to hire new employees [1]

The idea was to speed up the flow of Chinese products to Europe and show off China’s ability to build high-quality railways to EU standards. But China is probably wondering how much it has gained https://t.co/sTZ7So55zd ...

Canadian Prime Minister Mark Carney appointed BlackRock Inc. economist Glenn Purves as deputy minister of international trade, a job that will give him responsibility for helping the country boost its exports to non-US markets. https://t.co/B8du0qExpI ...

All right, today a defiant Donald Trump claimed that he could bypass the Supreme Court's decision that ruled that his use of the International Emergency Economic POWERS ACT TO IMPOSE TARIFFS WAS ILLEGAL. THE GOOD NEWS IS THAT THERE ARE METHODS, PRACTICES, STATUTES AND AUTHORITIES AS RECOGNIZED BY the entire court in this terrible decision, and also is recognized by Congress, which they refer to, that are even stronger than the IEPA tariffs available to me as president of the United TAKE A LOOK AT THE STATES ...

It's going to set us on a whole new prosperous path. >> Right over there. >> Just a little while ago, the US Supreme Court announced it had struck down President Trump's tariffs.>> I want to be very well behaved. I didn't want to do anything that would affect the decision of the court because I understand the court. I understand how they're very easily swayed.I want to be a good boy. >> The vote was six to three, three justices dissenting. Um and this could affect potentially $170 billion dollar worth of ta ...

Group 1 - The US Supreme Court ruled that Donald Trump's tariffs on foreign imports were illegal, stating he exceeded his authority and should have sought congressional approval [2][3] - The tariffs affected a wide range of countries, including the UK, China, Canada, Mexico, Japan, and EU nations, and were implemented under the International Emergency Economic Powers Act (IEEPA) [2][3] - Experts believe Trump is unlikely to abandon his tariff strategy and may explore alternative tariff regimes or trade barriers to replace lost income [4][5] Group 2 - Tariff revenues for the previous year are estimated between $240 billion and $300 billion, primarily impacting US manufacturers and consumers [7] - It is suggested that US firms have borne 90% of the tariff costs, which have largely been passed on to consumers through price increases [8] - The UK's Department for Business and Trade stated that the ruling does not affect the preferential trade deal negotiated with the US, which includes reduced tariffs on steel and automobiles [10][11] Group 3 - The European Commission is analyzing the ruling carefully, emphasizing the need for stability and predictability in the trading relationship between the US and EU [11][12] - The German confederation of industries noted that the ruling sends a strong signal for a rules-based trade order [12] - The EU parliament may pause the ratification of a trade deal with the US again based on fresh legal grounds, following previous interruptions related to tariff threats [13]