NEW YORK (AP) – Millions of people in New York City and a large swath of the northeastern U.S. were stuck at home under road travel bans and blizzard warnings on Monday as a fierce winter storm barreled into the densely populated region with heavy snowfall and high winds.
Denis Maksimov’s bakery in suburban Moscow became famous overnight after he appeared on President Vladimir Putin’s annual call-in show in December. Standing in front of the bakery – called Mashenka, after his oldest daughter — he pleaded with Putin via video to look into new tax reforms that are significantly increasing the burden on small businesses like his.
WASHINGTON (AP) – President Donald Trump said that he was raising the global tariff he wants to impose to 15%, up from 10% he had announced a day earlier. Trump said he made the decision “Based on a thorough, detailed, and complete review of the ridiculous, poorly written, and extraordinarily anti-American decision on Tariffs issued yesterday,” by the U.S. Supreme Court.
Excerpts from recent editorials in the United States and abroad:
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?
WASHINGTON (AP) – The Supreme Court decision striking down President Donald Trump’s sweeping tariffs has added a wrinkle to already complicated U.S.-China relations, with both countries navigating shifting ground to avoid an all-out trade war that would disrupt the global economy while still jostling for a position of strength in negotiations.
SAO PAULO (AP) – Brazil and India sealed a deal Saturday on critical minerals and rare earths, enhancing cooperation on crucial resources between two major countries of the global south as they seek to diversify their trading relationships.
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) – Businesses face a new wave of uncertainty after the Supreme Court struck down tariffs imposed by President Donald Trump under an emergency powers law and Trump vowed to work around the ruling to keep his tariffs in place. The Trump administration says its tariffs help boost American manufacturers and reduce the trade gap.
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