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US President Donald Trump posted that SCOTUS tariff decision would cost the US USD 159bln, adding that the US should not have to pay back already paid monies, and that USD 159bln is more than most countries are worth

President Trump's comments regarding the Supreme Court's tariff decision highlight concerns over trade liabilities and fiscal impacts, potentially reigniting tensions around trade policy.

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Maine Governor Mills vetoed a data-centre moratorium bill that would have frozen new data centres until October 2027

Iran Foreign Ministery Press Release: During this visit, the Iranian Foreign Minister will meet with high-ranking Pakistani officials and discuss the latest regional developments as well as ongoing efforts for regional peace and stability.

US President Donald Trump posted that SCOTUS tariff decision would cost the US USD 159bln, adding that the US should not have to pay back already paid monies, and that USD 159bln is more than most countries are worth

Newswires cite Tasnim reports of no decision from Iran to engage in talks with the US; "Iran has not made any request for a face-to-face meeting with the US, says White House is officially lying"

Trilateral meeting with US, Iran and Pakistan will be considered only after Pakistan meet with Araghchi; meeting between US and Iran may not take place until Monday; Witkoff and Kushner will hold separate talks with Pakistan on Sunday, via Axios

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  • "People and Companies that have taken advantage of our Country for decades, because of the horrible and ridiculous United States Supreme Court decision on Tariffs, are now supposed to be given back 159 Billion Dollars. All they had to do was one little half sentence, “that the United States does not have to pay back monies that were already paid” — and our Country would be 159 Billion Dollars richer. That’s more than most Countries are worth! Think of it — Just one half sentence, and we would have saved 159 Billion Dollars. Couldn’t they have done that for our Nation? President DONALD J. TRUMP"
Context

The emphasized figure of $159 billion suggests a significant financial consequence that could influence market sentiment, especially in equities and currencies like the USD. Given the interconnectedness of global markets, this may impact risk sentiment, particularly for commodities and related assets.

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