Trump, tariffs
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Plus a chaotic AI Impact Summit wraps up in India and Anthropic accuses Chinese rivals of using Claude's answers to train their own models
Flexport CEO Ryan Petersen joins 'Squawk on the Street' to discuss tariff refunds for American consumers and companies after the Supreme Court struck down the IEEPA tariffs.
The decision is a major setback for President Trump, who responded by imposing a 10 percent global tariff after lashing out at the justices who ruled against him. Trade deals his administration has struck with countries around the world are now in question.
In a much-anticipated decision, the US Supreme Court has ruled that most of the president's tariffs are unconstitutional because of how he implemented them. But the administration has a backup plan.In a political setback for President Donald Trump,
On Friday, President Trump signed a proclamation that would impose 10% tariffs on most foreign imports to the United States.
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Washington retains formidable tools of pressure, but deploying them will require more consensus, more procedure, and more time. Beijing, for its part, gains a modest tactical advantage but not a strategic reprieve.
Feb 24 - President Donald Trump's temporary 15% tariffs to replace those struck down by the U.S. Supreme Court are meant to resolve a problem that many economists say does not exist: a U.S. balance of payments crisis,