 The US Supreme Court has ruled President Donald Trump’s global trade tariff measures unconstitutional and invalid, delivering a major setback to his economic agenda.The court, in its Friday ruling, stated that Trump exceeded his authority when imposing tariffs, which had significantly disrupted international trade. It clarified that the International Emergency Economic Powers Act (IEEPA) does…
new video loaded: Why Trump’s Reversal on Greenland Still Leaves Europe on Edge Andrew Ross Sorkin, editor at large of DealBook, describes how leaders at the World Economic Forum in Davos remain on edge after President Trump, for now, backed down from threats of using tariffs or military force to gain Greenland. By Andrew Ross…
The European Union and the Mercosur on Saturday formally signed a long-awaited free trade agreement, closing more than 25 years of negotiations and creating one of the world’s largest integrated trading zones.The agreement was signed in Asunción, marking a significant geopolitical win for the EU at a time of intensifying global trade frictions, rising tariffs…