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    Trump raises tariffs to 15% on imports from all countries

    President announced increase from 10% using different authority from mechanism that supreme court struck down on FridayDonald Trump announced on Saturday that he would raise a temporary tariff rate on US imports from all countries from 10% to 15%, less than 24 hours after the US supreme court ruled against the legality of his flagship trade policy.Infuriated by the high court’s ruling on Friday that he had exceeded his authority and should have got congressional approval for the tariffs he introduced last year under the International Emergency Economic Powers Act (IEEPA), the US president railed against the justices who struck down his use of tariffs – calling them a “disgrace to the nation” – and ordered an immediate 10% tariff on all imports, in addition to any existing levies, under a separate law. Continue reading… More

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    Trump’s global tariffs have finally been overturned. What next? | Steven Greenhouse

    The US supreme court ruled against the president. Let’s hope the court removes its pro-Trump glasses on other issues and stands up for the rule of lawThere’s no denying that the US supreme court’s long-awaited ruling that overturned Donald Trump’s global tariffs is important, and if the ruling turns out to be a harbinger that the court is ready to abandon its startling sycophancy toward the US president, it could prove hugely important. The ruling this Friday is the first time during Trump’s second term that the justices have struck down one of his policies. Not only that, the policy they struck down is Trump’s signature economic policy – he has used tariffs to bash, lord over and terrorize dozens of other countries and make himself the King of the Economic Jungle.In the court’s main opinion, joined by three conservative justices and three liberals, chief justice John Roberts used some sharp language to slap down Trump’s tariffs, writing that the constitution specifically gives Congress, not the president, the power to impose taxes and tariffs. (Roberts noted that tariffs are indeed taxes.)Steven Greenhouse is a journalist and author, focusing on labour and the workplace, as well as economic and legal issues Continue reading… More

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    US civil rights agency sues Coca-Cola bottler over event that excluded men

    Lawsuit is first by Equal Employment Opportunity Commission over workplace DEI in Trump’s second termA US civil rights agency has sued a bottler and distributor of Coca-Cola products it accuses of sex discrimination over an employee networking event that excluded men, its first lawsuit over workplace diversity programs since Donald Trump took office. The lawsuit, filed Tuesday by the US Equal Employment Opportunity Commission, says Coca-Cola Beverages Northeast violated federal law when it hosted the event for about 250 female employees at a casino in Connecticut in September 2024.The company did not immediately respond to a request for comment. It is owned by Kirin Holdings, a Japanese company. Coca-Cola is not a defendant in the case. Continue reading… More

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    US House backs bid to block Canada tariffs in rebuke of Trump

    Republicans join Democrats in objecting to national emergency US president declared to impose tariffsThe US House on Wednesday voted to rescind tariffs that Donald Trump imposed on Canada last year, a rare bipartisan rebuke of the White House’s trade policy as the president threatened electoral retaliation against any Republican who defied him.The largely symbolic resolution to disapprove of the national emergency Trump declared to impose tariffs on Canada passed 219 to 211, with six Republicans – Don Bacon of Nebraska, Thomas Massie of Kentucky, Brian Fitzpatrick of Pennsylvania, Kevin Kiley of California, Dan Newhouse of Washington and Jeff Hurd of Colorado – voting with all Democrats except Jared Golden of Maine, who voted against it. Continue reading… More

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    Trump adviser Stephen Miran quits White House role to stay on at Fed

    Miran, set to continue as Federal Reserve governor until Jerome Powell successor is confirmed, to leave CEA post Federal Reserve governor Stephen Miran has resigned from his position as chair of the White House’s council of economic advisers, fulfilling a pledge he made to the Senate as his assignment at the central bank becomes longer-lasting.Miran had been on unpaid leave from his CEA post since Donald Trump appointed him last year to fill an unexpected vacancy on the Fed’s board of governors to a term that expired on 31 January. The arrangement drew the ire of Democratic senators, who said it would make a presidential puppet of the Fed’s newest policymaker. Continue reading… More