Court Strikes Down Trump's Replacement Tariffs; A Minor, Temporary Setback, With Sec 301 Tariffs Coming

Sweden Passes Law To Revoke Residence Permits From Migrants Who Fail 'Good-Behavior' Test Via Remix News, Sweden has passed a new migration law that will allow residence permits to be refused or revoked if foreign nationals are deemed not to have lived in an orderly manner, marking another major tightening of the country’s immigration system. The Swedish Parliament adopted the government’s amendments to existing immigration laws on Monday by 302 votes to 44, with the Left Party and the Green Party voting against the measure. The changes will mainly come into force...

Getting More Anxious By Bas van Geffen, Senior Macro Strategist at Rabobank We have another potentially eventful weekend ahead of us. A three-week extension of the ceasefire between Israel and Lebanon may ease tensions between the US and Iran somewhat, as Trump wants to avoid that this conflict undermines peace talks with Iran. However, there are still no indications that a new round of talks will be held, as both sides continue to blockade the Strait of Hormuz. Iran has continued to shoot at commercial ships that tried to navigate the strait,...

"No More Mr. Nice Guy": US Strikes, Seizes Iranian Cargo Ship Trying To Break Blockade Summary Trump renews threats if no deal is reached: "No More Mr. Nice Guy" Trump says U.S. struck and seized Iranian-flagged cargo ship in Gulf of Oman Tanker traffic through the Strait of Hormuz has ground to a halt after multiple incidents (Iran renewed threats to close the Bab al-Mandeb Strait) Vance to lead negotiations with Iran, along with Witkoff and Kushner, on Tuesday or Wednesday "We are still far from the final discussion,"  said speaker of the Iranian parliament Ghalibaf US...