US President Trump's administration is likely to face tough legal obstacles if it opposes refunds for the tariffs struck down by the US Supreme Court, according to Bloomberg
This headline highlights potential legal challenges for the Trump administration regarding tariff refunds after a Supreme Court ruling.
Elon Musk's xAI and US Pentagon reach a deal to use Grok in classified systems, according to Axios
PRE-MARKET JAPANESE AND SOUTH KOREAN STOCKS NEWS: Japanese markets reopen from the long weekend and will get their first opportunity to react to recent US tariff developments
US President Trump's administration is likely to face tough legal obstacles if it opposes refunds for the tariffs struck down by the US Supreme Court, according to Bloomberg
US President Trump reportedly considers new national security tariffs after SCOTUS ruling, in which new levies on a half-dozen industries would be issued separately from the new global 15% flat-rate tariff, according to WSJ
US AI company Cerebras reportedly confidentially files for a US IPO, according to The Information
Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.
If the administration opposes refunds, it could introduce uncertainty into trade relations, impacting the USD and overall market sentiment, particularly in equities and commodities.
Watch for possible volatility in currency pairs and sectors sensitive to trade dynamics as this situation develops.
Related headlines
- [MARKET ANALYSIS] Asia-Pac stocks took impetus from the rebound on Wall St as yields eased8 hours ago
- US President Trump posts image of 20mln BPD through the Hormuz vs. 18mln BPD before36 min ago
- US Daily Equity Opening News - MSFT to report quarterly Azure sales; AVGO slips on outlook; HPE falls amid supply constraints; VRNS in take-private talks; Elliott urges DTEGY to reconsider TMUS merger; DEC to acquire Birch Resources for USD 1.8bln3 hours ago
- [MARKET ANALYSIS] Crude takes a breather after a choppy mid-week; metals mixed3 hours ago
- [MARKET ANALYSIS] Yields slip off best levels as energy benchmarks edge lower; JGBs in focus following a GPIF meeting and BoJ sources3 hours ago
- EUROPEAN OPEN: EZJ LN & ITH LN join FTSE 100, ENT LN & PSN LN to leave; DTE GY faces Elliott push against TMUS merger; VOD LN to launch first UK TV service; SHEL LN acquires BP/ LN stakes in offshore blocks4 hours ago
- [MARKET ANALYSIS] European bourses tilt higher, Elliott reportedly pushes DTE GY to scrap TMUS merger; AVGO misses Q4 guidance estimates3 hours ago
- India's Trade Minister says final trade agreement between US and India will be published as soon as the US can provide India with tariff advantages 4 hours ago
- UAE President received a phone call from US Presiednt Trump; the two discussed cooperation and developments in the Middle East, WAM reports5 hours ago
- PRE-MARKET INDIAN STOCKS NEWS: Oil and Natural Gas Corporation (ONGC IS) international investment arm sent a team to Venezuela to review assets after receiving clearance from the US8 hours ago
- Ukrainian Navy says it struck a Russian support vessel in Sochi port29 min ago
- Russian Deputy PM Novak says Russia's gas supplies to China will reach 50bln cubic metres this year, reports Tass37 min ago
- Israeli Defence Minister Katz says the military will target all of Iran's infrastructure, including energy; an Iranian attack would free Israel from its existing limits1 hour ago
- Russian President Putin says attacks on three oil refineries have been repelled; adds that Russia must respond in kind2 hours ago
- Russian President Putin says that Russia and Ukraine should agree first; he notes that there is an opportunity to reach a peace agreement3 hours ago
- Russian Deputy PM Novak says OPEC's role in the market remains important; will continue to exert significant influence on the oil market because of its high output6 hours ago
- [MARKET ANALYSIS] Dollar is marginally softer with a mixed performance against major peers, while JPY continues its outperforms despite no obvious news catalysts8 hours ago
- [MARKET ANALYSIS] JPY rallies against all G10 peers, most pronounced against USD into payrolls on Friday3 hours ago
- Russian Deputy PM Novak says Russia is experiencing some gasoline shortages1 hour ago
- India and China could hold talks on the sidelines of BRICS summit, Indian Trade Minister says 4 hours ago
The whole workspace, free to try.
Try it free