On the surface, the Supreme Court’s massive decision shutting down Donald Trump’s sweeping tariffs was a case about the president’s power to pursue a global economic agenda and levy what the majority said amounted to a $134 billion tax on American consumers. But just below the court’s bottom-line repudiation of Trump’s tariffs, a testy debate … اقرأ المزيد
The Trump administration is currently trapped between the specter of a global economic recession and a naval catastrophe. As the conflict with Iran intensifies, the world’s energy arteries are constricting to a point of “nonlinearity,” where every day the Strait of Hormuz remains closed doesn’t just double the economic pain — it multiplies it exponentially. … اقرأ المزيد
A key group of House Republicans are growing increasingly wary of the US war with Iran after a briefing with Department of Defense officials on Wednesday left some unsatisfied with what they were told about the objectives and length of the war effort. Briefers faced questions by Democrats and Republicans on the House Armed Services … اقرأ المزيد