Tariffs

Federal Appeals Court Declares Trump’s Tariffs Unlawful, Challenging Presidential Authority

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A federal appeals court has declared that the tariffs imposed by former President Donald Trump are largely unconstitutional. The ruling, which comes from the U.S. Court of Appeals, supports a previous decision by the Court of International Trade (CIT) regarding the legality of the Trafficking and Reciprocal Tariffs enacted through executive orders. The court’s opinion concluded that the tariffs exceeded the authority granted to the president under the International Emergency Economic Powers Act (IEEPA). It emphasized that the orders in question are invalid as they conflict with existing legal frameworks. The decision marks a significant … Read more

U.S. Imposes New Tariffs on Brazil Amid Controversy Surrounding Bolsonaro’s Ties to Trump

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WASHINGTON — The United States has announced an increase in tariffs on Brazilian imports and has imposed sanctions on a Brazilian judge, actions the administration ties to former President Donald Trump’s ally, Jair Bolsonaro. This decision marks a significant shift in U.S.-Brazil relations, which have been closely watched given the countries’ status as major trade partners. The new measures, which were unveiled this week, target specific sectors in Brazil that have been deemed problematic by U.S. officials. The sanctions against the judge were implemented after allegations surfaced regarding interference with judicial processes, raising concerns about … Read more

Stellantis Faces €2.3 Billion Loss in First Half as US Tariffs and Regulations Take a Toll on Jeep Production

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Auburn Hills, Michigan — Stellantis, the owner of the Jeep brand, reported a net loss of 2.3 billion euros for the first half of the year, a significant downturn attributed to various U.S. tariffs and regulatory changes. This financial setback highlights the challenges facing the automotive industry amid shifting trade policies and ongoing supply chain issues. The company’s second-quarter performance reflected the growing financial strain, revealing how increased tariffs on imported goods and stricter emissions regulations have affected profitability. Stellantis, formed from the merger of Fiat Chrysler and PSA Group, is navigating a complex environment … Read more

Karoline Leavitt Takes Aim at Judges Over Trump’s Tariffs, Faces Backlash from Former White House Counsel

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Washington, D.C. — Karoline Leavitt, a press secretary in the Trump administration, criticized judges who halted the former president’s tariffs, prompting backlash from a former White House attorney who questioned her credibility. During a briefing on Thursday, Leavitt condemned the actions of the judges at the Court of International Trade, who recently blocked Trump’s tariff orders. The rulings had been appealed by Trump’s legal team to the U.S. Court of Appeals for the Federal Circuit in Washington, D.C. Leavitt asserted that judicial intervention undermines the president’s authority, stating, “The courts should have no role here.” … Read more