Thursday, May 21Thursday, May 21A U.S. appeals court has temporarily paused a trade court ruling that had blocked former President Donald Trump’s 10% global tariffs. The decision follows a legal challenge by a coalition of 24 states, which argued that the tariffs did not meet the standards set by the 1974 Trade Act. The pause allows the tariffs to remain in effect while the legal process continues .
Separately, the Supreme Court previously ruled that some of Trump’s sweeping tariffs were unlawfully imposed, leading to refunds for companies even as prices remained high. The ruling targeted specific tariffs, though the broader legal and economic impact of Trump’s trade policies continues to unfold .
Trump also postponed planned cuts to beef tariffs due to concerns about the impact on U.S. cattle farmers, signaling a chaotic approach to trade policy. The abrupt reversal highlights tensions between trade liberalization and domestic industry protection .
A correction noted that Trump’s tariffs targeted the Heard and McDonald Islands, not the Marshall Islands, clarifying the geographic scope of the trade measures .
DOJ considers settling Trumps IRS lawsuit which could send taxpayer money directly to the presidents pockets: report Trump sued the IRS for $10 billion in January, accusing the agency of failing to prevent a leak of the presidents tax information
independent · 8 days ago
Correction: Heard and McDonald Islands The islands hit by Donald Trump with a tariff were the Heard and McDonald Islands, not the Marshall Islands
financial times · 8 days ago
Trump Tower on Gold Coast scrapped because brand toxic to Australians The Surfers Paradise development has been abandoned with Altus Property Group and the Trump Organization blaming each other The little-known property developer and the US presidents son were all smiles when they shook hands on Valentines Day within the gilded walls of Mar-a-Lago on a deal they claimed would bring a Trump Tower to Australias Gold Coast.But that dalliance has been dashed in less than three months, with the developer now claiming the Trump brand is now too toxic to work with – and the Trump Organization responding that their local partner had provided only empty promise, after empty promise. Continue reading...
theguardian · 8 days ago
Trumps redistricting push sees mixed results in South Carolina and Missouri President Donald Trumps push to redraw U.S. House districts yielded mixed results on Tuesday
independent · 8 days ago
Trump promise of gas tax relief hits roadblock in Congress: End this damn war Democrats on the campaign trail side with Trump, but many Democrats and Republicans on the Hill are not as sure, Eric Garcia writes
independent · 8 days ago
Trump officials sue Catholic diocese in bid to seize land for border wall A holy site home to a 29-foot-tall limestone statue of Jesus Christ is in the crosshairs of President Trumps border wall construction plans. Why it matters: The Trump administration is now suing a Catholic diocese to seize church land at the base of the holy site at Mount Cristo Rey, New Mexico, making it the latest hot spot of local resistance to border wall construction.Driving the news: Homeland Security Secretary Markwayne Mullin initiated the lawsuit against the Catholic Diocese of Las Cruces, according to a complaint filed last week and first reported by Bloomberg.The Trump administration is seeking to use eminent domain to take about 14 acres of land from the Catholic Church in Dona Ana County, New Mexico.Officials suggest that just compensation for the land is $183,071, according to the legal complaint.The other side: The mountaintop shrine is the site of annual pilgrimages. On the feast day of Christ the King each fall, as many as 40,000 faithful climb Mount Cristo Rey to marvel at the beauty of the monument and the view offered from the summit and to participate in a mass, attorneys for the Diocese wrote in a response. The Diocese is trying to keep the land by using a First Amendment defense, for the right to religious expression, as well as a Religious Freedom Restoration Act defense.The big picture: Pushback from local landowners has delayed some border wall construction and even removed some sections of physical wall in national and state parks in West Texas.But the Trump administration has suggested the landowners have almost no choice to ultimately avoid construction.Letters to private landowners asking for access to private property say that if construction isnt voluntarily allowed that the land could be taken through eminent domain.What theyre saying: DHS and Diocese did not respond immediately to Axios Tuesday afternoon requests for comment.
axios · 8 days ago
NEW - U.S. appeals court temporarily pauses trade court ruling against Trumps 10 tariffs. Read here: @disclosetv
telegram bot · 8 days ago
US court pauses decision blocking Trumps 10 percent global tariff A coalition of 24 states have argued that Trumps latest tariffs do not meet the standards of 1974 Trade Act.
aljazeera · 8 days ago
Companies are starting to get refunds from Trumps tariffs even with prices remaining high The Supreme Court knocked down some of Trumps sweeping tariffs, ruling that they were unlawfully imposed
independent · 8 days ago
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Trumps gold phone comes with stunning new terms and conditions - including no guarantee of its release The fine print says there is no binding contract or guaranteed inventory of the delayed Trump Mobile smartphone, and that pricing, features and release dates can change at any time
independent · 8 days ago
Trump postpones beef tariff cuts over fears of hitting US cattle farmers Abrupt change of plan signals chaotic approach to trade
financial times · 8 days ago
Group linked to Trump sons asks US for extra $400mn for tungsten mine Cove Kaz Capital has already secured up to $1.6bn in government support for project in Kazakhstan
financial times · 8 days ago