A suicide bombing near a political rally in southwestern Pakistan kills 13 and wounds 30 [deltaMinutes] mins ago Now
Day: September 3, 2025
The Liberty are close to being whole again.
The couple will “hold a series of private meetings to convey condolences to the families of those affected by the tragedy,” Vance’s office announced Tuesday.
WhiteHouse.gov
- A federal appeals court ruled Trump’s sweeping tariff plan illegal but let it stand through October 14.
- Analysts say the administration can pivot to other legal authorities to keep tariffs in place.
- THEY SAY de-escalation is likely by late 2025 as Trump turns his focus to midterm election politics.
When it comes to tariffs, Washington has no plan B.
That means import charges aren’t going anywhere, even after a federal appeals court on Friday ruled that President Donald Trump’s sweeping tariff plan was illegal.
“Don’t lose sleep on interpreting what it means,” analysts at ING Bank wrote on Tuesday.
“The simple and straightforward way to view this is tariffs remain in place, and will remain in place going forward,” they added.
Even if the case reaches the Supreme Court and it upholds the lower court decision, investors should “continue to assume that the tariffs remain in place,” the ING analysts wrote.
That’s because the Trump administration is “all in on macro management via tariffs,” and can pivot to other laws — from national security provisions to balance-of-payments measures — to keep them alive, the analysts wrote.
Most importantly, they said Congress could step in with a law giving the executive branch more expansive tariff powers.
Grace Fan, a managing director of policy research at GlobalData.TS Lombard, echoed that view.
“Trump will surely double down by tapping other tariff authorities, keeping trade war chaos ongoing in the next few months as tariff winners/losers shift,” she wrote in a note on Saturday.
Still, Fan said she expects a shift by late 2025.
“Our base case remains trade war de-escalation by end-2025, as electoral politics eclipse foreign policy as Trump’s top obsession in the runup to the Nov 2026 midterm elections,” she wrote.
That could create a more positive backdrop for US and global equities, even as doubts linger about America’s reindustrialization drive.
For bond markets, the story is trickier. Lower tariff revenues could widen the fiscal deficit just as investors fret about the Federal Reserve’s independence following Trump’s push to oust Governor Lisa Cook and his clashes with Chair Jerome Powell.
At the same time, any tariff rollback would ease pressure on consumer prices, which is why retailers — and US households — are watching closely.
For now, tariffs remain in place. The appeals court allowed them to stay through October 14 to give the Trump administration time to file an appeal with the Supreme Court.
Read the original article on Business Insider
A Georgia dentist – whose “primary goal” was to make patients smile – murdered his wife and teenage daughter before killing himself inside their $1.7 million home in a suspected murder-suicide.
“Please give my warmest regards to Vladimir Putin, and Kim Jong Un, as you conspire against The United States of America,” Trump wrote in a social media post directed at Xi.
The Beijing event marks the end of the second world war in 1945 with China and the Allies’ victory over imperial Japan. This year’s parade, which took place in Tiananmen Square, carries heightened geopolitical weight with the attendance of leaders like Vladimir Putin, Kim Jong Un and Narendra Modi, underlining China’s diplomatic alliances as it presents itself as a global leader.
This was as even as a match comes except for the big moments.