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Many Republicans greeted the Friday morning decision with measured statements, some even praising it, and GOP leaders said they would work with Trump on tariffs going forward.
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The exemption was shut down last year by President Trump based, in part, on the same legal grounds as the tariffs that were invalidated by the Supreme Court.
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The Supreme Court on Friday struck down President Trump's tariffs. But the justices left a $133 billion question unanswered: What's going to happen to the money the government has already collected?
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Trump said in a social media post on that he was making the decision "Based on a thorough, detailed, and complete review of the ridiculous, poorly written, and extraordinarily anti-American decision on Tariffs issued yesterday," by the U.S. Supreme Court.
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Blizzard Warnings Issued for Swath of East Coast, Including N.Y.C. The New York TimesBlizzard warnings for millions as blockbuster nor'easter takes aim at New York City, Northeast CNN'Stay off the roads:' New Jersey Governor Mikie Sherrill issues State of Emergency ahead of Sunday blizzard ABC7 New York
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2026 Winter Olympics live updates: Team USA faces Canada for bronze in women's curling, Jordan Stolz returns CBS SportsWinter Olympics 2026 live updates: Day 15 latest as Klaebo makes history, US vs. Canada for curling bronze, Eileen Gu and hockey The New York TimesWinter Olympics 2026 LIVE: Day 15 - watch BBC - medals, results, TV stream & updates from Milan-Cortina BBCWinter Olympics live updates for Team Canada Toronto Star
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Trump's response to Supreme Court tariff ruling opens new era of uncertainty The Washington PostSupreme Court gives Trump — and the rest of the GOP — a gift in disguise CNNTrump Says He Will Raise Global Tariff to 15 Percent The New York TimesIn Dallas, U.S. Treasury Secretary says Supreme Court ruling removes President Trump's ability to quickly leverage tariffs CBS NewsTrump ups tariffs to 15%. How much has Indiana paid so far? IndyS
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What's far less certain is the longer-reaching impacts as the economy and markets again adjust to a changing landscape.
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Shares of asset managers fell due to worries over a private-credit fund managed by Blue Owl Capital, triggering broader anxiety about spillover effects.
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JPMorgan Admits It Shut Trump's Accounts After Jan. 6 Capitol Attack The New York TimesJPMorgan Chase pushes back on Trump's $5 billion lawsuit, arguing it ‘fraudulently' includes Jamie Dimon CNNJPMorgan concedes it closed Trump's accounts after Jan. 6 attack on the Capitol CNBCJPMorgan Says Trump's $5 Billion Suit ‘Fraudulently' Includes Dimon Bloomberg.com
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US ambassador causes uproar by claiming Israel has a right to much of the Middle East Politico‘Absurd and provocative': Huckabee faces firestorm for Israel border stance Al JazeeraTucker Carlson, Mike Huckabee debate Israel's right to land in Middle East The Washington PostHuckabee claims it would be ‘fine' if Israel took all of Middle East
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The president seems as intent on tariffs as ever and argues that his trade agenda is succeeding, despite little evidence to support it
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A Far-Right Activist's Killing Deepens Divisions in France The Wall Street JournalKilling of nationalist student leaves French far left in deep trouble as elections loom BBCDeath of far-right activist in France sends tensions soaring and draws US criticism CNNThousands march in Lyon after French far-right activist killed last week ReutersHundreds march in Lyon to protest far-right activist's killing as Macron urges calm AP News
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The Amazon founder reflected on a mistake he made at the very beginning.
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"As the children grew, life became more complicated."
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U.S. Planes Land at Jordan Base, a Key Hub for Planning Possible Iran Strikes The New York TimesTrump Approaches Legacy-Defining Moment on Iran: A Deal or War The Wall Street JournalTrump's Iran options: "Token" nuclear enrichment to taking out Khamenei AxiosWill the US attack Iran? Trump weighs options, floats limited strike USA TodayWhat Would War With Iran Look Like? The Atlantic
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Chelsea vs. Burnley, Premier League: Confirmed lineups; how to watch We Ain't Got No HistoryChelsea 1-1 Burnley: Burnley snatch draw against 10-man Chelsea BBCLiam Rosenior slams Chelsea's game management: 'Not good enough' ESPNFlemming earns last-gasp draw for Burnley after Chelsea's Fofana sees red The GuardianChelsea vs Burnley LIVE! Premie
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The Supreme Court decision striking down most of the Trump administration's tariffs adds fuel to a brushfire of concern among economists about the worsening federal debt outlook.
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India signs critical minerals deal with Brazil to curb dependance on China Al JazeeraIndia, Brazil sign mining pact as Modi targets $20 billion trade in five years ReutersPresid
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The battle over the tariffs began on day one of the president's second term when he signed an executive order that let him impose a wide range of tariffs on virtually every U.S. trading partner.
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New CBO report shows national debt spiraling into uncharted territory by 2035—and Trump's tariff defeat will make the picture even worse FortuneWhy the Federal Deficit Is Projected to Surge, in Five Charts The Wall Street JournalThe Court Ruled. Now the CBO Needs to Update Its Revenue Projections National Review$1 Trillion Added to the Debt — What It Means for Gold GoldSilver
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A major winter storm on Sunday and Monday is expected to bring delays and cancellations across much of the Northeast.
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Dow Jones Futures: All Eyes On Nvidia After Stock Market's Trump Tariff Rally Investor's Business DailyTraders brace for Trump's new tariff plan, possible Iran attack and Nvidia earnings CNBCStock Market News From Feb. 20, 2026: Dow Rises After Supreme Court Strikes Down Trump's Tariffs Barron'sInvestors await direction as stocks churn The Berkshire Eagle
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‘I have a chip on my shoulder.' Phoebe Gates wants her $185 million AI startup Phia to succeed with ‘no ties to my privilege or my last name' FortuneView Full Coverage on Google News
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Bambi, Buses and Bureaucracy: Cortina's Pace of Life Prospers Despite Olympic Buzz Sports IllustratedBy Day, Cortina D'Ampezzo Is an Olympic Hub. By Night, It's a Party. - The New York Times The New York TimesMilano Cortina Winter Olympics 2026 day 15 - in pictures The GuardianBest of Team USA from Day 12 of the Milan Cortina Olympics NBC Olympics
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The nation's highest court struck down some of U.S. President Donald Trump's most sweeping tariffs on Friday, in a 6-3 decision that he overstepped his authority when using an emergency powers law to justify new taxes on goods from nearly every country in the world.
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Trump slams justices after Supreme Court strikes down most of his tariffs The Washington PostA defiant Trump vows new tariffs while fuming at Supreme Court CNN‘Murky Waters' for Global Businesses After Trump's Tariff Loss The New York TimesTrump's New Trade Agenda Is on a Collision Course With Midterms The Wall Street JournalTrump news at a glance: president lobs insults at US supreme court for striking down his global tariffs
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The Trump administration says it could take years and additional litigation for importers to get their money back.
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The U.S. economy experienced a slowdown in 2025, with the rate of GDP growth dropping because of tariffs and a government shutdown.
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Soundcore Capital Partners has scored a $450m final close for its second flagship fundraise, with demand in excess of the fund's hard cap.
The post Soundcore Capital Partners turns down excess LP demand in $450m hard cap fund close appeared first on AltAssets Private Equity News.
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Figure hit by drop in government spending during federal shutdown comes in far below analysts' expectations
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The ruling deals a major blow to his signature economic policy and represents a stinging political setback.
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Trump could levy import taxes through four other trade rules.
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The e-commerce giant posted $717 billion in sales versus Walmart's $713 billion, breaking the retailer's 24-year reign.
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The countries made official an agreement reached last year, with Indonesia avoiding a higher tariff and committing to cooperate on export controls.
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Blue Owl, a direct lender specializing in loans to the software industry, said it had sold $1.4 billion of its loans to institutional investors at 99.7% of par value.
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The Supreme Court's decision striking down most of President Donald Trump's tariffs left at least one big question unanswered: What about refunds?
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President Trump was the first to invoke the International Emergency Economic Powers Act of 1977 to set tariffs on imported goods from more than 100 countries.
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The shuffle underscores the rivalry between the two retailers, particularly as Walmart expands its advertising and third-party marketplace businesses.
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