House Speaker Johnson says he will push to ban challenges to US President Trump's global tariffs over committed internal GOP opposition, via Politico
Newsquawk Staff ·
House Speaker Johnson says he will push to ban challenges to US President Trump's global tariffs over committed internal GOP opposition, via Politico.
What it means
House Speaker Johnson's commitment to pushing back against challenges to Trump's global tariffs signals a strong GOP stance on trade policy, which could reinforce the current protectionist environment. This stance may impact the USD and trading partners' currencies, as well as affecting market sentiment across equities and commodities amidst ongoing geopolitical tensions.
Sources
- Atomic Energy Organization of Iran Spokesman says protocol for building small reactors with Russia is being finalized
- [MARKET ANALYSIS] Crude grinds higher, Dutch TTF remains just under EUR 100/MWh, metals subdued
- Russian Deputy Foreign Minister Ryabkov says Russia remains in the preparatory phase for negotiations on Ukraine, TASS reports
- Ukrainian President Zelensky says Ukraine will not attack Russian ships carrying diesel for the US
- Israeli PM Netanyahu's bloc has 56 seats and opposition has 49 seats after 50.1% of votes were counted, according to Israel's Channel 12
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