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Trump says US might have to unwind trade deals with EU, others if it loses tariff case
President Donald Trump said on Wednesday the United States might have to "unwind" trade deals it has clinched with the European Union, Japan and South Korea, among others, if it loses a Supreme Court case on the legality of tariffs. Trump, speaking to reporters at the start of a meeting with Polish President Karol Nawrocki, said his administration was asking the Supreme Court to reverse a U.S. appeals court ruling last week that found many of his tariffs were illegal. Losing that case would leave the United States far poorer, and could jeopardize trade agreements made in recent months, he said, adding that he thought ... (full story)
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From @DeItaone|Sep 3, 2025|3 commentsFED'S KASHKARI: INFLATION IS STILL TOO HIGH BUT LABOR MARKET SHOWING SIGNS OF COOLING FED'S KASHKARI: FED IS GETTING INTO TRICKY SITUATION WITH MANDATES Fed's Kashkari: Fed Is Not Done With Work To Bring Inflation Back To 2% Fed's Kashkari: Data suggests the economy is slowing and moving to a soft landing. FED'S KASHKARI: GOODS INFLATION IS RISING BECAUSE OF TARIFFS
From financemagnates.com|Sep 3, 2025|1 commentAustralia's financial market watchdog has eliminated more than 9,240 pages of regulatory content this year as part of a sweeping effort to streamline rules that businesses say ...
From fastmarkets.com|Sep 3, 2025Leading European aluminium producer Hydro has not experienced a reversal of the copper-to-aluminium substitution trend despite US tariffs, and continues to see stronger demand ...
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From federalreserve.gov|Sep 3, 2025|1 commentMost of the twelve Federal Reserve Districts reported little or no change in economic activity since the prior Beige Book period—the four Districts that differed reported modest growth. Across Districts, contacts reported flat to declining consumer spending because, for many households, wages were failing to keep up with rising prices. Contacts frequently cited economic uncertainty and tariffs as negative factors. New York reported that “consumers were being squeezed by rising costs of insurance, utilities, and other expenses.” Contacts observed the following responses to the consumer pullback. Retail and hospitality sectors offered deals and promotions to help pricesensitive consumers stretch their dollars—supporting steady demand from domestic leisure tourists but not offsetting falling demand from international visitors. The auto sector noted flat to slightly higher sales, while consumer demand increased for parts and services to repair older vehicles. Manufacturing firms reported shifting to local supply chains where feasible and often using automation to cut costs. The push to deploy AI partly explains the surge of data center construction—a rare strength in commercial real estate noted by the Philadelphia, Cleveland, and Chicago Districts. Atlanta and Kansas City reported that data centers had increased energy demand in their Districts. Overall, sentiment was mixed among the Districts. Most firms either reported little to no change in optimism or expressed differing expectations about the direction of change from their contacts The Fed Beige Book: Most of the twelve Federal Reserve districts reported little or no change in economic activity since the prior beige book period—the four districts that differed reported modest growth. Fed Beige Book: Most firms either reported little to no change in optimism or expressed differing expectations about the direction of change from their contacts.
From msn.com|Sep 3, 2025Global miner Anglo American is selling off its remaining stake in Valterra Platinum, worth around $2.4 billion, it said on Wednesday, marking its full exit from its former ...
From terrabullmarkets.com|Sep 3, 2025Thursday’s ISM Services PMI release (04 Sep, 15:00 UK / 10:00 ET) lands into a market already parsing mixed signals – manufacturing still sub-50, labor demand has been gradually ...
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- Sep 3, 2025 12:47pm Posted byFundamental Analysis4012.2K
