China dumped $638 billion worth of U.S. Treasury bonds last week.
#China #US #Economy

#Trump announced Saturday that he would raise his new, global #tariff to 15%, a day after he took steps to replicate some of the punishing duties that had been struck down by #SCOTUS.

Trump announced the change in a post on social media, & said the #tariffs would take effect immediately, as he signaled anew that he would press ahead with his #trade war despite the legal ruling.

#law #economy #SeparationOfPowers #Judiciary #legislative #3CoEqualBranchesOfGovernment
https://www.nytimes.com/2026/02/21/business/trump-tariffs.html?smid=nytcore-ios-share

#Trump announced Saturday that he would raise his new, global #tariff to 15%, a day after he took steps to replicate some of the punishing duties that had been struck down by #SCOTUS.

Trump announced the change in a post on social media, & said the #tariffs would take effect immediately, as he signaled anew that he would press ahead with his #trade war despite the legal ruling.

#law #economy #SeparationOfPowers #Judiciary #legislative #3CoEqualBranchesOfGovernment
https://www.nytimes.com/2026/02/21/business/trump-tariffs.html?smid=nytcore-ios-share

The general strike also left airports empty, as hundreds of flights were cancelled. Factories and banks also shuttered for the day, and hospitals ... #Economy #Features #News #BusinessandEconomy #Government #Politics #WorkersRights #Argentina #LatinAmerica
Argentina’s Chamber of Deputies passes controversial labour reform bill

The general strike also left airports empty, as hundreds of flights were cancelled. Factories and banks also shuttered for the day, and hospitals ... #Economy #Features #News #BusinessandEconomy #Government #Politics #WorkersRights #Argentina #LatinAmerica
Argentina’s Chamber of Deputies passes controversial labour reform bill

Yes!!!!

🚨🚨🚨🚨🚨

#SCOTUS rules that Trump’s sweeping “emergency” #tariffs are #illegal

The Supreme Court on Friday ruled that #Trump violated #federal #law when he unilaterally imposed sweeping tariffs across the globe, a striking loss for the White House on an issue that has been central to the president’s foreign policy & economic agenda.

#law #economy #geopolitics
https://www.cnn.com/2026/02/20/politics/supreme-court-tariffs?cid=ios_app

#Treasury has collected >$133 billion from the #import #taxes #Trump imposed under the emergency powers law, federal data from December says. Many companies, including the big-box warehouse chain Costco, have already lined up in court to demand #refunds.

#law #economy #tariffs #inflation #affordability #CostOfLiving #geopolitics #SCOTUS

The challengers argued the “emergency powers” #law doesn’t even mention #tariffs & Trump’s use of it fails several legal tests, including one that doomed President Joe Biden’s $500 billion student loan forgiveness program.

The economic impact of Trump’s tariffs has been estimated at some $3 trillion over the next decade, acc/to the #CBO.

#law #economy #inflation #affordability #CostOfLiving #geopolitics #Trump #SCOTUS

The #Constitution gives #Congress the #power to levy #tariffs. But the #Trump administration argued that a 1977 #law allowing the president to regulate importation during “emergencies” also allows him to set tariffs. Other presidents have used the law dozens of times to impose #sanctions, but Trump was the first president to invoke it for #import #taxes.

#law #economy #inflation #affordability #CostOfLiving #geopolitics #SCOTUS

The #tariffs decision doesn’t stop #Trump from imposing duties under other #laws. While those have more limitations on the speed & severity of Trump’s actions, top admin ofcls have said they expect to keep the tariff framework in place under “other authorities”.

#law #economy #inflation #affordability #CostOfLiving #geopolitics #SCOTUS

Yes!!!!

🚨🚨🚨🚨🚨

#SCOTUS rules that Trump’s sweeping “emergency” #tariffs are #illegal

The Supreme Court on Friday ruled that #Trump violated #federal #law when he unilaterally imposed sweeping tariffs across the globe, a striking loss for the White House on an issue that has been central to the president’s foreign policy & economic agenda.

#law #economy #geopolitics
https://www.cnn.com/2026/02/20/politics/supreme-court-tariffs?cid=ios_app

The general strike coincides with Argentina's Chamber of Deputies debating the labour reforms on Thursday. Opposition lawmakers argue with Chamber ... #Economy #News #Government #LabourRights #Politics #Protests
Strike over labour reforms brings Argentina’s capital to a near-standstill

CGT-led general strike against Milei's labour reform; Union leaders aiming to "paralyse" the country; No buses, trains, flights or underground ...

CGT-led general strike against Milei's labour reform; Union leaders aiming to "paralyse" the country; No buses, trains, flights or underground trains in response to lower house debate. #javiermilei #argentina #economy #politics #congress #milei #mileigovernment #labourreform #labourmodernisationbill #mileilabourreform #unions #protest #demonstration
General strike begins: Protest against Milei's labour reforms underway

CGT-led general strike against Milei's labour reform; Union leaders aiming to "paralyse" the country; No buses, trains, flights or underground ...

CGT-led general strike against Milei's labour reform; Union leaders aiming to "paralyse" the country; No buses, trains, flights or underground trains in response to lower house debate. #javiermilei #argentina #economy #politics #congress #milei #mileigovernment #labourreform #labourmodernisationbill #mileilabourreform #unions #protest #demonstration
General strike begins: Protest against Milei's labour reforms underway

However, this option does not have the support of some pro-dialogue caucuses. CGT calls general strike over Milei's labour reforms · Read more... CGT ...

After accepting that it will have to tweak controversial article on sick pay, President Javier MIlei’s government wants its labour reform bill to be signed off in the Senate on February 27 – in time for his state-of-the-nation speech. #javiermilei #patriciabullrich #federicosturzenegger #argentina #economy #congress #politics #reforms #milei #government #labourreform
Milei government targets end of month for labour reform approval

U.S. cars can now be sold in Japan without local safety testing, following an agreement reached last year in the course of tariff negotiations. https://www.japantimes.co.jp/business/2026/02/17/economy/us-auto-akazawa/?utm_medium=Social&utm_source=mastodon #business #economy #ryoseiakazawa #tariffs #donaldtrump #trade #carmakers #us #japaneseeconomy #usjapanrelations

U.S. cars can now be sold in Japan without local safety testing, following an agreement reached last year in the course of tariff negotiations. https://www.japantimes.co.jp/business/2026/02/17/economy/us-auto-akazawa/?utm_medium=Social&utm_source=mastodon #business #economy #ryoseiakazawa #tariffs #donaldtrump #trade #carmakers #us #japaneseeconomy #usjapanrelations