Us Tariff Bill
Tariff impact: Nomura cuts FY26 GDP forecast to 5.8% in worst-case scenario
Data from the Annual Survey of Industries (ASI) show that these sectors together employed around 21 million workers directly and via contractors in 2023, Nomura said
 "Tariff impact: Nomura cuts FY26 GDP forecast to 5.8% in worst-case scenario")
US judges challenge claim that emergency law lets Trump impose tariffs
The US Court of Appeals for the Federal Circuit in Washington, D.C., is considering the legality of "reciprocal" tariffs that Trump imposed on a broad range of US trading partners in April
 "US judges challenge claim that emergency law lets Trump impose tariffs")
US appeals court to decide legality of Trump's power to impose tariffs
A panel of all of the court's active judges, eight appointed by Democratic presidents and three appointed by former Republican presidents, will hear arguments scheduled to begin at 10 a.m. ET
 "US appeals court to decide legality of Trump's power to impose tariffs")
Risk of a waterfall decline in the US stock market is rising: Chris Wood
Tariff hikes are plain news as the historic precedent of the Smoot-Hawley Tariff Act of 1930 highlights. This is an impoverishment day, not a liberation day, Wood said in his weekly note GREED & fear.
 "Risk of a waterfall decline in the US stock market is rising: Chris Wood")
As Congress moves to drop tariffs, some US companies cry foul
Supporters of the so-called miscellaneous tariff bill, which unanimously passed the House of Representatives in January, say it would boost the economy
 "As Congress moves to drop tariffs, some US companies cry foul")
