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

Court Strikes Down Trump's Replacement Tariffs; A Minor, Temporary Setback, With Sec 301 Tariffs Coming After the close on Thursday, the Court of International Trade (CIT) ruled to invalidate Trump's latest set of universal 10% tariff imposed two months ago under Sec. 122. The administration will quickly appeal this decision before it takes effect May 12. If the case follows the same pattern as the challenge to the IEEPA tariffs last year, a higher court might soon stay this ruling and leave the tariffs in place pending a longer review.   As...
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Jun 4, 2026 / Tyler Durden
Rubio Says 'We Remember Their Lives And Honor Their Legacy' On Tiananmen Massacre's 37th Anniversary
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Apr 13, 2026 / Hunter Lewis
Why I Side with Ludwig von Mises
People readily line up on one side or another of great economic debates. How do they choose which side to take?
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Mar 13, 2026 / Tyler Durden
US Q4 GDP Growth Cut In Half To Just 0.7% After Revision
US Q4 GDP Growth Cut In Half To Just 0.7% After Revision While it's useless most of the time, and especially so when the US has just entered war throwing a wrench into the entire economic calculus, moments ago the BEA reported that Q4 GDP in the US was slashed by half after the 1st revision of data: instead of 1.4%, the US grew just 0.7% in the last quarter of 2025 (0.660% to be precise), and far below estimates of a 1.4% print. It was also the lowest GDP...
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