SEOUL, South Korea (AP) – South Korean trade officials scrambled Saturday to assess the impact of a U.S. Supreme Court ruling to invalidate some Trump administration tariffs, as business and governments around the world pored over the possible fallout from moves in Washington on the global economy.
NEW YORK (AP) - Wall Street kept calm after the Supreme Court struck down President Donald Trump's sweeping tariffs, and stocks ticked higher. The S&P 500 added 0.7% Friday following discouraging reports showing slowing growth for the U.S. economy and faster inflation. The Dow Jones added 0.5%, and the Nasdaq composite rose 0.9%.
HONG KONG (AP) – Hong Kong officials on Saturday unveiled resettlement plans for thousands of people who were displaced by the deadliest blaze in decades last November, proposing to buy back the homeownership rights from the fire victims.
WASHINGTON (AP) – The Supreme Court on Friday struck down President Donald Trump’s biggest and boldest tariffs. But the justices left a $133 billion question unanswered: What’s going to happen to the money the government has already collected in import taxes now declared unlawful?
ISLAMABAD (AP) – Pakistan said early Sunday it carried out strikes along the border with Afghanistan, targeting hideouts of Pakistani militants it blames for recent attacks inside the country.
TEL AVIV, Israel (AP) – Arab and Muslim nations on Saturday sharply condemned comments by the U.S. ambassador to Israel, Mike Huckabee, who said Israel has a right to much of the Middle East. Huckabee made the comments in an interview with conservative commentator Tucker Carlson that aired Friday. Carlson said that according to the Bible, Israel had a right to that land.
SEOUL, South Korea (AP) – North Korean leader Kim Jong Un lauded his nation’s improving economy and regional standing as he opened the country’s most important political event, where he is expected to set his domestic and foreign policy agenda for the next five years and further entrench his family’s authoritarian rule.
Excerpts from recent editorials in the United States and abroad:
BERLIN (AP) – German Chancellor Friedrich Merz will make his first visit to China next week since taking the helm of Europe’s biggest economy, as he tries to position the country to a world in which assertive great powers play an increasingly dominant role. Merz will be received in Beijing on Wednesday by Premier Li Qiang and Chinese leader Xi Jinping.
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