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Trump faces difficulty in rebuilding tariff barriers: Democrats will block any attempt to extend tariffs

Trump faces difficulty in rebuilding tariff barriers: Democrats will block any attempt to extend tariffs

After last year’s Supreme Court reversal of most global tariffs, U.S. President Trump quickly invoked alternative legal tools in an attempt to rebuild lasting tariff barriers, but Democrats may not let him succeed. On Monday the 23rd, Eastern time, U.S. Senate Democratic leader Schumer announced that Democrats

Trump plans to raise tariffs to 15%, trade-sensitive stocks plummet, retail and industrial sectors lead the decline.

Trump plans to raise tariffs to 15%, trade-sensitive stocks plummet, retail and industrial sectors lead the decline.

``` US retail and industrial stocks fell on Monday after President Trump announced he would raise the US global tariff rate to 15%. According to media reports, a basket of stocks with high global trade exposure compiled by UBS once dropped 4.1%, marking the largest intraday decline since November 6.

In response to Trump’s warning that the EU is using delay tactics, the European Parliament has suspended votes related to the US-Europe trade agreement.

In response to Trump’s warning that the EU is using delay tactics, the European Parliament has suspended votes related to the US-Europe trade agreement.

``` After the U.S. Supreme Court overturned most of last year’s global tariffs, U.S. President Trump issued a warning to trade partners not to violate already agreed trade deals. The European Union has launched a delaying tactic, saying it will clarify tariff details before considering approval of the

A single pen covers a full month's dose! Eli Lilly launches Zepbound multi-dose injection pen starting at $299.

A single pen covers a full month's dose! Eli Lilly launches Zepbound multi-dose injection pen starting at $299.

``` Eli Lilly launched a new formulation of its blockbuster weight-loss drug Zepbound on Monday. The new version uses a single pen, providing the full monthly dosage. Self-paying patients can purchase this multi-dose device, called KwikPen, through the company’s direct-to-consumer website LillyDirect. The price starts at $299 per month for

$3.8 trillion in assets backlog remains hard to digest; Bain & Company: The duration of the private equity industry's predicament has surpassed that of 2008.

$3.8 trillion in assets backlog remains hard to digest; Bain & Company: The duration of the private equity industry's predicament has surpassed that of 2008.

``` The private equity industry is undergoing a deep adjustment that has lasted longer than the 2008 financial crisis. According to the latest Bain & Company report, the industry has returned less profit to investors for the fourth consecutive year while holding $3.8 trillion in unsold assets; new fund fundraising

Demand for put protection hits a four-year high; Goldman traders say professional investors are preparing for "some kind of breakout."

Demand for put protection hits a four-year high; Goldman traders say professional investors are preparing for "some kind of breakout."

``` Beneath the calm surface of the market, professional investors are buying downside protection with rare intensity. The latest data from Goldman Sachs shows that, although the S&P 500 has traded in one of the narrowest ranges in history over the past two months, institutional trading behaviors resemble those

One year after the White House press conference, there has still been no substantive progress; OpenAI's $500 billion "Stargate" plan is stuck in a stalemate.

One year after the White House press conference, there has still been no substantive progress; OpenAI's $500 billion "Stargate" plan is stuck in a stalemate.

``` The $500 billion "Stargate" AI data center plan, which Trump announced with great fanfare at the White House, has come to a standstill more than a year after its launch. OpenAI has been forced to abandon its ambition to build its own data centers and instead is relying