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Thoughts on Today's Oral Argument in the Section 122 Tariff Cases
3+ hour, 17+ min ago (180+ words) The outcome is unclear. But the judges seemed skeptical of the Trump Administration's claims that Section 122 grants them sweeping tariff powers. Ilya Somin | 4. 10. 2026 7: 53 PM In today's oral argument, the three judges asked tough questions of both sides, and I am…...
Colombia raises Ecuador tariffs to 100% as trade tensions escalate
6+ hour, 45+ min ago (267+ words) BOGOTA, April 10 (Reuters) " Colombia will raise tariffs on neighboring Ecuador to 100% from 30%, Colombia's trade ministry said on Friday, matching Ecuador's measure from a "day earlier amid an escalating trade and diplomatic "spat between the two South American nations. Ecuador has…...
Trade court judges sharply question Trump's backup tariffs, legal challenge
10+ hour, 34+ min ago (569+ words) (The Center Square) " A panel of judges sharply questions attorneys on both sides of a challenge to President Donald Trump's backup tariffs under a never-used 1974 law. Oral arguments before the little-known Court of International Trade went for more than three…...
Court poised to block Trump tariffs again, teeing up new fight
7+ hour, 8+ min ago (874+ words) Fox News senior White House correspondent Peter Doocy reports on President Trump's reaction to the Supreme Court's tariff ruling and unveiling of new tariffs on "Special Report.' The Court of International Trade on Friday appeared skeptical of President Donald Trump's…...
D. C. Economy "Under Strain," Faces Biggest Spending Cuts Since Great Recession
8+ hour, 31+ min ago (520+ words) The U. S. Bureau of Economic Analysis released its state-level real gross domestic product data on Thursday, revealing a sharply uneven economic landscape in the fourth quarter of 2025, with boom times in North Dakota contrasting with a sharp slowdown spreading across the…...
In new tariff cases, Trump asserts 'unreviewable' power to invent a balance-of-payments deficit
7+ hour, 30+ min ago (259+ words) To address that difficulty, the government wants to "pick and choose some individual entries from the accounting statement," such as "the current account balance," the economists note. "This would effectively render Section 122(a)(1) an invitation to arbitrary government action because some…...
BREAKING: UMICH Consumer Sentiment Hits Lowest Point EVER | Receipts Live
8+ hour, 23+ min ago (68+ words) The Bulwark is home to Sarah Longwell, Tim Miller, Bill Kristol, JVL, Sam Stein, and more. We are the largest pro-democracy bundle on Substack for news and analysis on politics and culture'supported by a community built on good-faith. BREAKING: UMICH…...
DOJ Defends Trump's Tariffs in Trade Court
8+ hour, 52+ min ago (413+ words) U. S. Justice Department attorney Brett Shumate defended a 10 percent global import tax imposed by the Trump administration in'U. S. Court of International Trade'Friday. Shumate argued that Section 122 of the Trade Act of 1974 granted President Donald Trump the power to levy tariffs during…...
Nike drops on what Cramer calls a 'damning' downgrade. His plans next for the stock
9+ hour, 23+ min ago (15+ words) CNBC...
Federal Court Hears New Case on Trump Tariffs
10+ hour, 24+ min ago (355+ words) MAE ANDERSON and PAUL WISEMAN Friday, 10 April 2026 12: 46 PM EDT The centerpiece of President Donald Trump's economic policy'broad tariffs on global imports'is facing a renewed legal challenge. The U. S. Court of International Trade, a specialized court based in New York, heard oral…...
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