US trade court strikes down Trump’s 10% global tariffs as unlawful

Another court just slapped down Trump’s tariff playbook. U.S. President Donald Trump’s 10 per cent global tariffs were declared unlawful by a federal trade court in a fresh blow to the administration’s economic agenda, just months after the U.S. Supreme Court vacated earlier levies he’d imposed. Article content A divided three-judge panel at the U.S. …

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NATO “Trade over Aid” push triggers UN budget panic, Guterres warns of collapse

The White House is threatening to slash more UN dues, Trump wants “reforms” including a 10% cut to peacekeeping missions today… USAID has been effectively dismantled, the remaining skeleton crew is being folded into the State Department… UN Secretary General Guterres says the funds are “non-negotiable,” he’s warning of an imminent financial collapse for the …

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Trump warns military action could resume, reviews 14-point Iran proposal. Details on Iran’s proposal are now getting out — “15 year enrichment freeze, after which time Iran will enrich to 3.5%”

UPDATE: Trump on Iran proposal: It’s not acceptable to me. I’ve studied it, I’ve studied everything – it’s not acceptable. — First Squawk (@FirstSquawk) May 3, 2026 The President told reporters in Miami he’s looking at the “concept” of Tehran’s deal, military strikes remain a possibility if they misbehave… Truth Social posts show Trump is …

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The trade truce is officially dead — Section 232 tariffs on European vehicles surge from 2.5 percent to 25 percent starting next week

The tariff applies to all internal combustion and electric passenger vehicles. Light trucks and SUVs—already at 25% under the “Chicken Tax”—will see additional enforcement of origin rules. Trump announces tariffs on European cars going to 25% next week – claims block 'not complying' with trade deal https://t.co/G5yLqRAR7J pic.twitter.com/pQviq46HHb — New York Post (@nypost) May 1, …

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Trump hits China refinery Hengli with sanctions, targets 40 firms tied to Iran oil trade

The Trump administration imposed sanctions today on the Hengli Refinery in China as well as on 40 shipping firms and vessels involved in transporting Iranian oil. Hengli, one of China’s largest independent refineries with a processing capacity of about 400,000 barrels per day,… pic.twitter.com/sid8AERkpm — Visegrád 24 (@visegrad24) April 24, 2026 The Trump administration imposed …

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If delivered oil costs were system-wide at extreme levels, banking, trade finance, and sovereign balance sheets would already be under severe stress

On Tuesday, April 14, at the HSBC Global Investment Summit in Hong Kong, CEO Georges Elhedery said something on live Bloomberg television that should have detonated every energy desk on earth. It did not. Because nobody is reading what it actually means. “The highest I’ve seen, and I’m hoping we don’t see more of that, …

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This is the largest forced restructuring of global energy trade since the 1973 oil embargo.

The entire global LNG map rewired in 30 days. The flows did not collapse. They rerouted straight to American exporters. And nobody has mapped what this means. In February, Qatar shipped 8.4 billion cubic meters of LNG to Europe. In March, after Iranian retaliation strikes destroyed two liquefaction trains and the gas-to-liquids facility at Ras …

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Hormuz crisis pulls China into US Iran conflict

This started as U.S. vs Iran… now it’s slowly turning into a U.S. vs China situation, and that’s where things get risky. Follow the oil and it makes sense. China depends on Hormuz for ~40% of its oil and 30% of LNG, so it’s not sitting back. They’ve already sent warships from Djibouti, parked destroyers …

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If Gulf states begin diversifying away from dollar settlement in energy trade, it would represent a gradual structural shift in how the global oil system interfaces with US financial power

This is the end of the petrodollar The deal was that the US would provide the GCC ruling families with military support. In exchange, the ruling families promised to sell their oil in USD and recycle their vast surpluses into US assets. This was crucial for the US, as it had just defaulted on the …

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The TACO Trade Is Back — But the Real Story Is 5.2% Inflation Expectations

via Phoenix Capital Research President Trump just unveiled another massive TACO. The term “TACO” is an acronym for “Trump Always Chickens Out.” It implies that the President, for all his bluster and verbal aggression, is in fact quite opposed to conflict, especially if it hurts the stock market. Earlier today, President Trump tweeted the following: …

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EU imposes tariffs on Chinese ceramic products, trade war not officially declared

An EU Trade War with China? In an expedited procedure, the European Commission recently raised tariffs on ceramic and porcelain products from China. Additional tariff measures are also being considered to protect the European internal market from the Chinese export engine. Is the EU economy now facing a trade war with Beijing, alongside the potential …

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A Middle East War Is Triggering An Oil Shock That Could Unwind The Yen Carry Trade And Challenge The Petrodollar

Something extremely dangerous may be forming in global markets, and most investors have not processed it yet because it happened while markets were closed. The escalation began when U.S. strikes reportedly targeted Kharg Island, the facility responsible for roughly 90 percent of Iran’s oil exports. At the same time, shipping activity through the Strait of …

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This is the MOST MANIPULATED market in stock market history. Crude Oil has to be impossible to trade right now.

This is the MOST MANIPULATED market in stock market history. — Midas (@midascabal) March 10, 2026 Crude Oil has to be impossible to trade right now Red = Transportation Secretary Chris Wright says the Navy escorted a ship through the Strait of Hormuz, -8.3% Blue = Social Media post deleted, +5.49% Green = repost below, …

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Russia eyes USD energy trade with TrumpPartial de-dollarization reversal for sanctions relief.

Russia eyes USD energy trade with TrumpPartial de-dollarization reversal for sanctions relief. Not ditching BRICS fully—no BRICS currency exists. China not freaking out; de-dollarization continues. Hype on "Democrat piggybank closed" overstated. America negotiating smart. 🇺🇸… pic.twitter.com/aF2J5jCuWq — The Little Satoshi News (@TheRiser100x) March 10, 2026

Trump says he’s given instructions to cut off all trade with Spain, citing Madrid’s announcement that US can’t use its bases

BREAKING: Trump says he's given instructions to cut off all trade with Spain, citing Madrid's announcement that US can't use its bases — Insider Paper (@TheInsiderPaper) March 3, 2026 Godfuckingdammit! pic.twitter.com/B4JwEX9NJW — Michael Bento (@MichaelPBento) March 3, 2026 Nearly a dozen KC-135R/T Stratotankers with the U.S. Air Force have departed air bases tonight in Spain …

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EU halts US trade deals

The European Parliament on Monday halted the ratification process of a sweeping trade deal with the United States, the latest fallout from the Supreme Court striking down most of President Donald Trump’s tariffs. Following an emergency meeting in Brussels, lawmakers said the U.S.’ side of the deal is now “so uncertain.” “Nobody knows what will …

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Trump claims the Supreme Court “accidentally gave me more power.” Bessent notes the court blocked tariffs but left room for full embargoes. Trade deals face turbulence. Trump may soften tariff threats ahead of elections.

🇺🇸 Trump just posted a 500-word rant saying the Supreme Court "accidentally gave me MORE power" He lost the tariff case 6-3. Two of his own appointees voted against him. His response? The Court's ruling actually expanded his authority. He can use "Licenses" to do "terrible… pic.twitter.com/pXSN1dAd1l — Mario Nawfal (@MarioNawfal) February 23, 2026 BESSENT: …

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Trade Representative Jamieson Greer on tariffs: “It’s not regressive. Most consumption in America is done by the wealthiest people. So the idea it’s somehow regressive is just wrong.”

Trade Representative Jamieson Greer on tariffs: "It's not regressive. Most consumption in America is done by the wealthiest people. So the idea it's somehow regressive is just wrong." pic.twitter.com/tL25CBE7zn — unusual_whales (@unusual_whales) February 22, 2026

Hundreds of tariff refund lawsuits are pending in US trade court. Countries now see the US president as having zero power in negotiations. Tariff refunds will be a mess.

*HUNDREDS OF TARIFF REFUND LAWSUITS PENDING IN US TRADE COURT — *Walter Bloomberg (@DeItaone) February 20, 2026 Factcheck: Yes, recent reports confirm hundreds of tariff refund lawsuits are pending in the US Court of International Trade, especially after today’s Supreme Court ruling striking down Trump’s tariffs. Sources estimate potential refunds exceeding $175 billion. This is …

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US trade deficit blows past $900 billion in 2025, worst since 1960. The trade deficit has actually widened by 19% since Liberation Day

US TRADE DEFICIT WIDENS, CAPPING ONE OF BIGGEST SINCE 1960 The U.S. trade deficit widened to $70.3 billion in December, pushing the full-year gap to $901.5 billion — among the largest since 1960, Commerce Department data showed. Imports rose 3.6% in December, while exports fell 1.7%. Economists had expected a $55.5 billion deficit. The goods …

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