Why the Supreme Court may choose to uphold Trump’s tariffs: ‘It would be incredibly disruptive to unscramble those eggs’

The ongoing trade tensions between the U.S. and China have taken a new turn with President Donald Trump spotlighting Chinese exports of used cooking oil. This comes at a time when these exports were already declining, highlighting the fragility of trade relations. The situation is significant as it reflects broader economic challenges and could impact consumers and businesses alike.

President Donald Trump has threatened to cut off the trade of cooking oil with China, escalating tensions in the ongoing trade war. This move could have significant implications for both economies, affecting prices and availability of cooking oil in the U.S. and potentially leading to retaliatory measures from China. As the trade war continues to unfold, such actions highlight the fragility of international trade relationships and the potential for broader economic impacts.

Roger Ver, known as 'Bitcoin Jesus', has struck a $50 million deal with the Department of Justice to dismiss tax evasion charges against him. This agreement is seen as a significant development, indicating that the Trump administration may be easing its stance on cryptocurrency regulation. It highlights a potential shift in the government's approach to crypto, which could have broader implications for the industry and its investors.

President Donald Trump has issued a warning that he may relocate the 2026 World Cup games from Boston and the 2028 Olympics from Los Angeles if he believes the cities are unprepared or unsafe. This statement raises concerns about the future of these major sporting events and the implications for the cities involved, as they have invested significant resources in hosting them. Trump's remarks highlight the ongoing debate about safety and preparedness in large-scale events, making it a critical issue for local governments and sports organizations.

President Donald Trump has announced plans to discuss a potential free trade agreement with Argentine President Javier Milei, highlighting a $20 billion support package for Buenos Aires ahead of the upcoming elections. This meeting at the White House signifies a strengthening of ties between the U.S. and Argentina, which could lead to significant economic benefits for both nations. Such agreements can enhance trade relations, boost economies, and create jobs, making this a crucial development in international trade.

A major airline is optimistic about a potential rebound in US-Canada travel, despite current low numbers of Canadians traveling to the U.S. The situation reflects ongoing hesitance among Canadians to cross the border, influenced by political rhetoric and travel restrictions. This matters as it highlights the challenges faced by the travel industry and the economic implications for both countries.

The recent escalation in trade tensions between the US and China has raised concerns among investors, especially after China imposed new restrictions on rare earth exports. President Donald Trump's threat of 100% tariffs in response has only intensified the situation, leading to significant declines in US equities. This matters because it highlights the fragility of global trade relations and the potential impact on markets, making investors wary of future volatility.

Beijing has declared its determination to 'fight to the end' in the ongoing trade war with the United States, especially in response to Donald Trump's threat of imposing a staggering 100% tariff on all Chinese goods. This escalation in trade tensions could have significant implications for global markets and economies, as both nations are major players in international trade. The situation is critical, as it not only affects bilateral relations but also impacts consumers and businesses worldwide.

The success of Donald Trump's plan for Gaza hinges on his commitment to remain engaged and apply pressure on the conflicting parties, especially Israeli Prime Minister Netanyahu. This situation is crucial as it could influence peace efforts in the region and shape future U.S. foreign policy.

The International Monetary Fund (IMF) has identified four significant themes regarding the UK's economic growth and inflation. This comes in the wake of previous warnings about a global economic slowdown influenced by factors such as trade tariffs. Understanding these themes is crucial as they can shape economic policies and impact the financial well-being of citizens.

Morgan Stanley has issued a stark warning about the S&P 500, highlighting the vulnerability of the current market optimism. The recent sell-off on Wall Street serves as a reminder of how quickly sentiment can shift, particularly when political tensions and policy decisions come into play. This matters because it underscores the need for investors to remain cautious and aware of the potential risks that could impact their portfolios.

In a surprising turn of events, it has been revealed that former President Donald Trump holds an impressive $870 million Bitcoin portfolio, challenging his previous skepticism towards cryptocurrency. This significant investment not only showcases a shift in his financial strategy but also highlights the growing acceptance of Bitcoin in mainstream finance. Trump's involvement could potentially influence other investors and lend further legitimacy to the cryptocurrency market, making this news particularly noteworthy.

Billionaire George Raymond Zage III is considering taking Grindr private in a potential $3 billion deal, with $1 billion in financing already secured. This move could reshape the dating app landscape and enhance Grindr's growth potential, making it an exciting development for users and investors alike.

BHP's Slattery emphasizes the need for Australia to reduce red tape and power costs to enhance its competitiveness in the global market. This is crucial as it could lead to increased investment and job creation, ultimately benefiting the economy and improving the standard of living for Australians.

The ongoing debate over Obamacare is impacting the government's potential shutdown, as Democrats push for increased taxpayer funding for health care subsidies while Republicans resist these demands. This standoff highlights the need for both parties to engage in sensible reforms to address the healthcare system's challenges, which could ultimately benefit millions of Americans relying on these services.

EyePoint Pharmaceuticals has successfully priced a $150 million public offering, a significant move that reflects investor confidence in the company's future. This funding will likely support their ongoing research and development efforts, potentially leading to new treatments in the ophthalmology sector. Such financial backing is crucial for biotech firms as it enables them to innovate and expand their product pipelines, ultimately benefiting patients and shareholders alike.

Indian equities are poised to benefit from a potential rally in Asian markets, fueled by hopes of a Federal Reserve rate cut. This news is significant as it suggests a favorable environment for investors, potentially leading to increased market activity and confidence in the Indian economy.

KKR and PAG are making headlines with their joint bid to acquire Sapporo Holdings' real estate assets for over $2.6 billion. This deal is significant as it highlights the growing interest in real estate investments, especially in the beverage sector, and could reshape the landscape for Sapporo Holdings, allowing them to focus more on their core business.