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Economics

Trump’s tariff blitz faces strong legal challenges

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WITH MARKETS gyrating from the tariffs Donald Trump has imposed on around 180 countries, only to pause some of the most punishing ones on April 9th, a conservative organisation has filed a lawsuit challenging an initial round of tariffs the president announced on Chinese imports in February, duties he has since escalated. The New Civil Liberties Alliance (NCLA), which counts Charles Koch, a right-wing billionaire, among its supporters, argues that the president lacked the authority to impose these levies. With Chinese goods still a prime target, the case retains its salience. Similar lawsuits against other tariffs could yet scuttle the boldest—and most destabilising—move of Mr Trump’s second term.

Economics

Checks and Balance newsletter: Why do people join the Trump administration?

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Checks and Balance newsletter: Why do people join the Trump administration?

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Economics

The judge losing his patience with the Trump administration

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DONALD TRUMP likes picking fights with judges. In 2016 Mr Trump said a judge’s Mexican heritage rendered him incapable of fairly adjudicating fraud cases against Trump University, a for-profit institution that closed in 2011. Two years later the president condemned a ruling against his immigration policies as a “disgrace”. Lawsuits against him during the Biden years—including one for conspiring to steal the 2020 election—spurred many attacks.

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Economics

Jobs report April 2025:

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Job growth was stronger than expected in April despite worries over the impact of President Donald Trump’s blanket tariffs against U.S. trading partners.

Nonfarm payrolls increased a seasonally adjusted 177,000 for the month, slightly below the downwardly revised 185,000 in March but above the Dow Jones estimate for 133,000, the Bureau of Labor Statistics reported Friday.

The unemployment rate, however, held at 4.2%, as expected., indicating that the labor market is holding relatively stable.

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