US Treasury Secretary Scott Payette is attending a press conference in quarters of government Rosnad after concluding trade talks between the United States and China, in Stockholm, Sweden, July 29, 2025.
Magnus Lion Hall | TT | By Reuters
Even if the United States Supreme Court approved the ruling of the Federal Appeal Court Most of the tariffs of President Donald Trump is illegalThis does not mean that the issue is closed to these drawings.
According to US Treasury Secretary Scott Beesen He said Reuters on Monday that there are “other powers that can be used” to support the definitions. Pesin said one of them could be the SMOOT-HWLY tariff law.
(Strange side note: smoot-hawley A description of an article on the US Senate website However, it is “among the most catastrophic actions in the history of Congress.”)
Since the markets were closed in the United States to spend the Labor Day holiday on Monday, they had no chance to respond to the comment of both BESSENT and the court ruling, which was announced after the bell on Friday.
At the present time, futures were linked to American stocks Not a few changed on Monday night in the United States. Investors could have been accustomed to the volatile nature of Trump’s definitions and took the waiting and vision approach.
There is no point, after all, to prepare for the result that may lead to the start of another legal battle. It never ended until it ends – it’s just another day in Trump America.
What you need to know today
Bessent expects the Supreme Court to support the Trump tariff. And if they are infected with the court, there is a lot of Other powers that can be usedUS Treasury Secretary Scott Beesen said on Monday.
Trump said that India offered to remove the definitions on us However, he did not explain the claim. Trump also said on Monday that trade relations with India “Quite one disaster!” His comments came after Indian Prime Minister Narendra Moody’s visit to China to obtain a security summit.
Fast food from the Shanghai Cooperation Organization Summit. The two -day event was seen largely as an offer to push Beijing to obtain a new global system. Includes major developmentsThawing India-China Relaces, a XI-Putin-Modi Troika, Ai Partnership and New Development Bank.
Asia and Mixed Pacific Markets on Tuesday. South Korea KosPI index About 0.8 % rose When the country’s inflation in August came less than expected. Futures in the United States were mostly flat. On Monday, the American markets were closed to workers ’day.
(Pro) Chinese property challenges the recession. “I have already returned to capital than ever from the capital market,” the company wrote. Barclays – And its stockpile The implicit upward trend of more than 40 % From the target bank price.
Finally …
Sports Suzhou Shishan opened the first pickled stadium in the Chinese city in January 2024, according to the company.
Suzu Chechnya
PickleBall has just started in China
Online sales of PickleBall Paddles and relevant equipment in China this year increased by an average of $ 1.2 million in monthly sales from July-an increase of more than six times against the period last year, according to Wip Marketing + Technologies.
China’s recent growth in China has various effects on business. In contrast to the American suburbs, the major Asian cities do not tend to possess large neighborhood spaces, said Patrick Yan, the founder of the agency representing the Asian pickup players. “All these courts must be built by people who run companies. They work for profit.”
Evlin Cheng
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