A U.S. trade court has ruled against most of President Trump's broad tariff plans, saying he went beyond his legal powers. This brought some relief to financial markets, especially for industries like tech, luxury goods, and auto makers that had been hurt by the tariffs.
Global reactions were cautious. Germany and the EU said they couldn't comment due to the ongoing legal process, while the UK called it an internal U.S. matter. The Trump administration plans to appeal the decision, so uncertainty remains.
The ruling affects Trump's blanket tariffs imposed under emergency powers, but not specific ones like those on steel and cars. Investors are watching closely to see how Trump will respond and whether he'll try other ways to impose trade barriers.
For now, the decision gives businesses and trade partners a break and time to prepare. But experts warn this may only be a temporary pause in Trump's unpredictable trade policies.
Markets were mixed: some stocks gained, especially in Europe, but investors remain wary of more volatility ahead.
China on Friday defended its recent export control measures on rare earth elements, insisting the restrictions are in line with international norms and not directed at any specific country.
Federal authorities have arrested 14 suspects in Los Angeles linked to an Armenian organized crime ring accused of stealing $30 million in COVID relief and Small Business loans intended to support American taxpayers.
Banksy has returned with a mysterious new artwork—this time, possibly in France—and fans are buzzing with theories.
Paul Doyle, a 53-year-old man from West Derby, Liverpool, has appeared in court after a car was driven into a crowd during Liverpool FC’s trophy parade earlier this week. The incident took place on Water Street, where thousands of fans had gathered to celebrate the team’s Premier League title win.
Model Hailey Bieber is selling her skincare brand Rhode to e.l.f. Beauty in a deal worth up to $1 billion (£790 million), with plans for international expansion and continued viral success.
The Green Climate Fund (GCF)-backed project, “Strengthening Climate Resilience of Vulnerable Agricultural Livelihoods in Southern Iraq” (SRVALI), was officially launched on the sidelines of the 5th Baghdad International Water Conference.
Federal authorities have arrested 14 suspects in Los Angeles linked to an Armenian organized crime ring accused of stealing $30 million in COVID relief and Small Business loans intended to support American taxpayers.
Banksy has returned with a mysterious new artwork—this time, possibly in France—and fans are buzzing with theories.
Paul Doyle, a 53-year-old man from West Derby, Liverpool, has appeared in court after a car was driven into a crowd during Liverpool FC’s trophy parade earlier this week. The incident took place on Water Street, where thousands of fans had gathered to celebrate the team’s Premier League title win.
Model Hailey Bieber is selling her skincare brand Rhode to e.l.f. Beauty in a deal worth up to $1 billion (£790 million), with plans for international expansion and continued viral success.
AnewZ takes to the streets of Yerevan and Baku to ask a simple yet deeply complex question: How do you see peace between Armenia and Azerbaijan? In the first part of our special report, we hear the hopes, doubts, and scars still shaping people’s perspectives on both sides.
On May 28, the inauguration ceremony of Lachin International Airport was held.
A car drove into crowds of Liverpool fans celebrating the club’s Premier League title in the city centre on Monday evening, injuring dozens including 4 children. A 53-year-old man believed to be the driver was arrested at the scene.
EU ministers have greenlit a massive €150 billion defense investment fund—dubbed the Security Action for Europe (SAFE)—as the bloc ramps up its military readiness in response to Russia’s aggression and growing uncertainty over U.S. security guarantees.
Kyiv faced a large-scale Russian drone and missile assault overnight, with explosions and gunfire echoing throughout the city, forcing residents to shelter in subway stations.
Federal authorities have arrested 14 suspects in Los Angeles linked to an Armenian organized crime ring accused of stealing $30 million in COVID relief and Small Business loans intended to support American taxpayers.
Paul Doyle, a 53-year-old man from West Derby, Liverpool, has appeared in court after a car was driven into a crowd during Liverpool FC’s trophy parade earlier this week. The incident took place on Water Street, where thousands of fans had gathered to celebrate the team’s Premier League title win.
Airline leaders from around the world will gather in India’s capital this weekend as the International Air Transport Association (IATA) convenes its annual general meeting, with trade war tensions, soaring costs, and climate targets high on the agenda.
President Ilham Aliyev met Michael Harms, Chairman of the Eastern Committee of the German Economy, to discuss expanding Azerbaijan-Germany economic relations and the signing of a joint economic projects roadmap.
Turkish Foreign Minister Hakan Fidan held separate telephone discussions on Thursday with Qatar’s Prime Minister Sheikh Mohammed bin Abdulrahman Al Thani and senior members of Hamas’ political bureau, focusing on escalating humanitarian and security crises in Gaza and Syria.
The Green Climate Fund (GCF)-backed project, “Strengthening Climate Resilience of Vulnerable Agricultural Livelihoods in Southern Iraq” (SRVALI), was officially launched on the sidelines of the 5th Baghdad International Water Conference.
Federal authorities have arrested 14 suspects in Los Angeles linked to an Armenian organized crime ring accused of stealing $30 million in COVID relief and Small Business loans intended to support American taxpayers.
Banksy has returned with a mysterious new artwork—this time, possibly in France—and fans are buzzing with theories.
Paul Doyle, a 53-year-old man from West Derby, Liverpool, has appeared in court after a car was driven into a crowd during Liverpool FC’s trophy parade earlier this week. The incident took place on Water Street, where thousands of fans had gathered to celebrate the team’s Premier League title win.
Model Hailey Bieber is selling her skincare brand Rhode to e.l.f. Beauty in a deal worth up to $1 billion (£790 million), with plans for international expansion and continued viral success.
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