The Trump administration has backup plans for definitions

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.

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.

The timing of the oil giant is due to the Ortide crisis. In a clear display of confidence in the world’s largest wind developers, the Norwegian oil giant Timing I pledged about one billion dollars in the new capital To participate in the case of ORSTED rights.

Novo Nordisk puts its competitors in the drug trial. The Wegovy Danmark Pharma Giant Druj Wegovy showed a A greater decrease in the risk of heart attacks Compared with people Elie Lily Tirzepatide. shares Novo Nordsk 1.76 % rose on the news.

Space and Defense in Europe in Europe index Fixed organic pollutants. Index 2.2 % rose on MondayThe Stoxx EUROPE 600 exceeds 0.23 %, after Norway provided a value of 10 billion pounds ($ 13.5 billion) for British -made warships. American markets have been closed.

(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.

Behind the Smiles Beijing with Putin, Moody and XI

He has become a widely joint clip by Chinese President Xi Jinping, Indian Prime Minister Narendra Modi and Russian President Vladimir Putin is already laughing in Beijing.

On the surface, it appears to be an easy exchange between three leaders. But analysts say it reflects an accurate mixture of competing competitions and diverse power dynamics.

– Spriha Srivastava