Reuters World News

Tariff block, Russia sanctions, immigration spending and Sinwar

8 snips
May 29, 2025
A U.S. trade court rules against Trump's import tariffs, raising questions about market implications. Meanwhile, Trump shows frustration towards Putin over Ukraine but refrains from enacting new sanctions. The discussion shifts to a massive $150 billion immigration bill aimed at transforming policies. On the international front, Israel's killing of Hamas chief Mohammad Sinwar sparks debates on its impact on the organization and the ongoing conflicts in the region. These developments intertwine with broader themes of economic uncertainty and political maneuvering.
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INSIGHT

Court Limits Trump's Tariff Power

  • The US trade court ruled that President Trump exceeded his authority by imposing broad tariffs.
  • The Constitution grants Congress exclusive control over commerce with other nations, not the president.
INSIGHT

Sanctions Debate Amid Ukraine War

  • Republican senators are pushing Trump to impose new sanctions on Russia over the Ukraine conflict.
  • Trump is hesitant, hoping peace talks in Istanbul might resolve issues without sanctions.
INSIGHT

Trump Immigration Bill's Big Spending

  • Trump's immigration bill allocates $150 billion to strengthen border security and enforcement.
  • It includes fees for asylum applications, aiming to toughen asylum procedures significantly.
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