President Trump’s new tariffs were imposed under Section 122 of the Trade Act of 1974, which allows temporary import restrictions when the United States faces “fundamental international payments problems,” including a “large and serious” balance-of-payments deficit. The term is not commonly used outside economic policy circles, but it refers broadly to a country’s financial relationship with the rest of the world.
President Trump moved hours after the Supreme Court struck down his emergency tariffs to invoke a separate trade authority, imposing an import surcharge on most goods that takes effect February 24. He initially set the rate at ten percent, then raised it the next day to fifteen percent—the maximum allowed under the statute—saying in a social media post that the increase followed a “thorough, detailed, and complete review” of the court’s ruling.
On Saturday’s broadcast of the Fox News Channel’s “Fox & Friends,” United States Ambassador to Israel Mike Huckabee responded to a question on if Iran is rebuilding its nuclear program by saying that they are “continuing to try to enrich uranium. They haven’t given up on it” and “they are building up, at an alarming rate, their ballistic missile capacity. That’s not a defensive posture.”
On Friday’s broadcast of HBO’s “Real Time,” host Bill Maher said that Democratic politicians do end-run voters and the legislative branch by imposing fees that are basically just stealth tax increases.
Maher began by praising the Supreme Court’s tariffs decision, while Rep. Lauren Boebert (R-CO) criticized the ruling.
On Friday’s broadcast of HBO’s “Real Time,” host Bill Maher said that “the left is very down on America, very down on the West, and it’s ironic, because the West has also given us everything that makes your life good here.” And “I wish that schools would teach that again.”
President Donald Trump announced on Saturday that he is immediately raising the worldwide tariffs he imposed on Friday from 10 percent to 15 percent.
Trump unveiled the new tariff rate in a post on Truth Social:
Based on a thorough, detailed, and complete review of the ridiculous, poorly written, and extraordinarily anti-American decision on Tariffs issued yesterday, after MANY months of contemplation, by the United States Supreme Court, please let this statement serve to represent that I, as President of the United States of America, will be, effective immediately, raising the 10% Worldwide Tariff on Countries, many of which have been “ripping” the U.S. off for decades, without retribution (until I came along!), to the fully allowed, and legally tested, 15% level.
Former President Barack Obama’s presidential center in Chicago that is supposed to open this year is reportedly costing taxpayers more and more money.
There have been surging public infrastructure costs for the project the former president said would be a “gift” to the city, Fox News reported on Saturday.
A Tucson couple said they found a pair of blood-stained gloves and a rock with dried blood in the Arizona desert a mile from the home of Nancy Guthrie, days after she was reported missing three weeks ago.
The couple, who asked to remain anonymous, stumbled upon the suspicious black gloves on the ground 10 feet apart in the Catalina Foothills of Tucson on Feb. 11, according a report by KVOA on Friday.
House Speaker Mike Johnson (R-LA) has denied a request to allow the late civil rights activist Rev. Jesse Jackson to lie in honor in the U.S. Capitol Rotunda.
The family of Jackson, who died this week at age 84 following a lengthy illness, initially made the request, the Hill reported on Friday.
The President of the United States has guaranteed Pima County Sheriff Chris Nanos the vast, sophisticated resources of federal law enforcement to solve the Nancy Guthrie abduction case, only to have the elected Democrat box out the Federal Bureau of Investigation (FBI) and squander its involvement.
Thousands of people took to the streets Lyon in France on Saturday to protest against the alleged Antifa mob killing of a conservative Catholic student earlier this month.
Seven people have so far been charged over the killing of 23-year-old conservative student Quentin Deranque, who suffered a traumatic brain injury after being beaten by multiple people on the sidelines of a protest against MEP Rima Hassan of the far-left La France Insoumise (LFI) party at the Sciences Po university in Lyon.
Chaos erupted on Wednesday in Ohio when students who were part of an anti-ICE walkout entered a Kroger grocery store.
North College Hill Schools Superintendent Dr. Eugene Blalock Jr. said a couple hundred teenagers walked out of class around 1:30 p.m. to protest, Local 12 reported Thursday.
