US News
LAST UPDATE: September 1, 2025
US still working on trade deals despite court ruling, USTR says
The U.S. administration is continuing trade negotiations despite a court ruling that invalidated most of Trump’s tariffs, exploring legal workarounds.
Insight
This persistence shows trade policy remains a priority tool despite legal setbacks, adding to uncertainty for U.S. partners.
US Trading Partners ‘Dazed and Confused’ After Tariff Court Loss
U.S. trading partners reacted with confusion after a court ruling struck down the legal basis of Trump’s tariffs but left enforcement pending appeal.
Insight
The ambiguity adds strain to global trade relations, complicating negotiations and undermining confidence in U.S. trade reliability.
Investors underestimate Donald Trump’s threat to the Federal Reserve, economists warn
Economists surveyed warned that markets underestimate the risks from Trump’s attacks on the Federal Reserve, which could undermine central bank credibility.
Insight
Pressure on the Fed’s independence threatens global financial stability by raising inflationary risks and shaking investor trust.
CEOs Rally Behind Fed Independence as Trump Pressures Powell — Barron’s
Leading CEOs, including Jamie Dimon and David Solomon, voiced strong support for the Fed’s independence as Trump escalates pressure on Chair Jerome Powell.
Insight
Corporate leaders’ rare show of unity underscores alarm at politicization of monetary policy and the risks it poses to financial stability.
White House Moves Forward on Plans for a Department of War — WSJ
The Trump White House is advancing plans to rename the Department of Defense as the Department of War, a symbolic move to project strength.
Insight
The rebranding reflects nationalist rhetoric but faces legislative hurdles, raising questions about institutional direction.