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The Latest Breaking News from Kush Desai

US federal court blocks Trump from imposing sweeping global tariffs

The New York-based US Court of International Trade delivered the ruling dealing a crucial blow to President Trump’s signature set of economic policies which have rattled global markets, frustrated trade partners and raised fears of growing inflation.

Euronews

A federal court just killed Trump’s tariff program, immediately striking them down nationwide

The Court of International trade has struck down Trump’s “unlimited emergency tariffs on global trade” in a crushing blow on Wednesday.

Fortune

Fraudsters are using ingenious hacks to pay lower tariffs on overseas products - like lying about the product inside

Some companies are avoiding tariffs by lying about the worth of products, or the materials they are made of

The Independent UK

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White House says Trump is reviewing IVF policy recommendations promised in executive order

A White House official says the Trump administration is reviewing a list of recommendations to expand access to in vitro fertilization

The Independent UK

Trump calls emptying U.S. ports a 'good thing' despite supply-chain panic because 'that means we lose less money'

The president has repeatedly claimed the U.S. has a $1 trillion trade deficit with China, though economists argue a trade deficit isn’t inherently negative.

Fortune

Is Trump already softening his plans for 100% movie tariffs?

“I’m not looking to hurt the industry," says Trump. "So we’re going to meet with the industry. I want to make sure they’re happy with it because we’re all about jobs.” In the meantime, confusion reigns and actor Jon Voight seems to have some responsibility for this newest set of…

Euronews

Trump’s 100% movie tariff could backfire and could trigger the ‘biggest risk’ for U.S. studios, analyst warns

The president said on social media Sunday that overseas film production is a “national security threat.”

Fortune

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‘Check Your Portfolio’: Gavin Newsom Sues Trump in Response to Tariffs, Citing Nvidia’s $5.5 Billion Loss

California Governor Gavin Newsom is suing President Donald Trump over his tariffs.

Barchart

California Sues Trump Administration Over Sweeping Tariffs

California filed a lawsuit on Wednesday to block Trump's broad tariffs on foreign trade partners, after he announced a 10% tariff on goods from all countries and even higher tariffs for nations his administration claimed made it difficult for U.S. products to enter their markets.

International Business Times

Obama backs Harvard as Yale faculty members support standing up to Trump

Harvard faces funding freeze as Yale faculty asks leadership ‘to resist and legally challenge any unlawful demands’

The Guardian - US

State officials hammer Trump over 529 plan nest eggs — He is ‘stoking fear in the hearts of college students and high schoolers across the country’

For the ultra wealthy, the market whipsaw presents opportunities. For average Americans? Not so much, state officials said.

Fortune

Warned car tariffs will cost Americans $100 billion, Trump White House won’t budge—‘We must become a manufacturing powerhouse’

The Trump administration argues tariffs will help it rebuild an industrial base the U.S. squandered over decades through the wrong trade policies.

Fortune

Business execs are calling up Susie Wiles in panic over Trump’s mixed messages on tariffs

White House chief of staff said to be fielding calls from chief executives and lobbyists seeking clarity on the president’s policies

The Independent UK

Sharp Decline In Migrant Flow Along U.S.-Mexico Border

Trump administration's immigration policies lead to decreased migrant flow in Northern Mexico and reduced apprehensions at the border.

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The Independent UK

Iowa campaign events are falling as fast as the snow as the state readies for record-cold caucuses

Campaign events are falling as swiftly as the Iowa snow as wintry weather hampers both Nikki Haley and Ron DeSantis as they clamor for support in the days before Monday’s leadoff presidential caucuses

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