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The Supreme Court ruled Friday that President Trump overstepped his authority in ordering double-digit tariffs on nearly everything the U.S. imports. Here's some of the economic context to understand that decision.
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On the lookout for electoral overperformers.
The ruling deals a major blow to his signature economic policy and represents a stinging political setback.
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Junot Díaz's The Brief Wondrous Life of Oscar Wao was removed from an English class at the public school. PEN America says it's part of a trend of scrubbing literature dealing with uncomfortable topics.
The Brief Wondrous Life of Oscar Wao from the curriculum of a high-level English class at Columbia High School in Maplewood, N.J., in response to a mental health crisis.'/Open
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The Supreme Court on Friday invalidated most of President Donald Trump's tariffs, a cornerstone of his economic policy in his second term.
| Keywords | trumpdonald-trumpscotussupreme-courttariffstrade-policyprotectionismeconomyus-politicswhite-houseusarepublicangoplegaljudicial-rulingexecutive-authorityimport-taxestrade-war |
The Supreme Court struck down a suite of President Trump's tariffs on Friday, a historic blow to the administration's economic agenda. The big picture: In a rare rebuke of Trump's power, the nation's highest court said many of the administration's tariffs were illegal. The 6-3 ruling sets a new boundary for what policies presidents can impose without congressional approval. What they're saying: "[T]he Government reads IEEPA to give the President power to unilaterally impose unbounded tariffs and change them at will. That view would represent a transformative expansion of the President's authority over tariff policy," the ruling says, referring to the International Emergency Economic Powers Act. Threat level: The ruling might give way…
The ruling deals a major blow to his signature economic policy and represents a stinging political setback.
| Keywords | trumpdonald-trumpscotussupreme-courttariffstrade-policyprotectionismeconomyus-politicswhite-houseusarepublicangoplegaljudicial-rulingexecutive-authorityimport-taxestrade-warwashington-post |
The 6-3 ruling is a major blow to the president's signature economic policy.
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Data: EIA ; Chart: Axios Visuals The cost to fill up your car will probably climb soon — and the oil price spike over Iran tensions is only one reason. Why it matters: Gasoline is the most visible energy expense for many people. That makes it politically important, too. - President Trump is fond of touting what are now pretty modest prices in much of the country. The big picture: Oil prices are jumping this week as traders digest the risk that a U.S. strike on Iran could disrupt supply. - That will eventually filter down to retail gasoline. The intrigue: Other, more mundane forces are also going to start putting upward pressure on gasoline, fuel market analysts say. - Refiners will soon start the switch to so-called summer blends,…
AI has hit the campaign trail, with candidates in both parties casting it as a fight over jobs and corporate power. Why it matters: AI is emerging as a stand-in for kitchen-table concerns like paychecks, power bills and the future of the economy. - Democrats and Republicans at the state level are testing whether anti-Big Tech messaging can compete with an industry pouring billions into AI infrastructure and political influence. Driving the news: Several Democrats this cycle are echoing Sen. Bernie Sanders (I-Vt.) and his critique of concentrated tech power. - Some Republicans are adopting their own version, focusing on workforce disruption, energy costs and anger over tech companies. Between the lines: The rhetoric may differ, but the…