Trump administration has backup plans for tariffs

Even if the US Supreme Court agrees with the Federal Appeal Court ruling Most tariffs for President Donald Trump are illegalThis does not mean that the case is closed on these levies.

US Treasury Secretary Scott is reportedly detach Reuters on Monday that there are “other authorities that can be used” to maintain tariffs. One of them can be a tariff act of Smoot-Hawley, said the infant.

(Interesting side note: Smoot-Hawley is described by an article on the US Senate website as “among the most catastrophic acts in Congress’ history”)

Since the US markets were closed on the day of work on Monday, they were not able to respond to both the comments of the inset and the court ruling, which was announced after the bell on Friday.

So far the futures associated with US stocks were Little changed on Monday night. Investors could get used to changing tariffs on Trump and enjoy waiting.

After all, there is no point in preparing for the result, which can lead to the start of another legal battle. It never ended until it’s over – it’s just another day in America Trump.

Insent expects the Supreme Court upholding tariffs for Trump. And if they hit the court, “there is a lot other organs that can be used“,” the US Treasury Secretary Scott Baby said on Monday, Reuters reports.

The oil giant of the equilibrium affected by the crisis. In the obvious manifestation of confidence in the world’s largest wind developer, Norwegian oil giant Even promised nearly $ 1 billion of fresh capital To participate in the issue of ORSTD.

Novo Nordisk Krai Competitors in Drug trial. Drug users of the weight loss giant of the Danish pharmaceutical giant showed a greater reduction in the risk of heart attack compared to people on Eli Lily Tirzapatid. Shares Novo nordisk Ros 1.76% in news.

Aerospace and defense in Europe stoxx index pop. Index grew by 2.2% on Mondayexceeding the growth of 0.23% of Stoxxx Europe 600 after Norway has placed 10 billion pounds ($ 13.5 billion) on warships. US markets were closed on work day.

(PRO) Chinese property that is not amenable to recession. The company “has already returned more capital than when -the -grown from capital markets,” – wrote Bar – and its stock has implied by more than 40% from the target of the bank.

Behind Beijing smiles Putin, Modi and XI

The widespread clip of Chinese President Xi Jinping, Indian Prime Minister Narendra Modi and Russian President Vladimir Putin together in Beijing have already become viral.

The surface seems to be a light exchange between three leaders. But analysts say this reflects the delicate combination of competing rivalries and changes in the dynamics of force.

– Spriha Srivastava