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Trump Moves to Impose 10% Global Tariff After Court Setback

                                                        U.S. President Donald Trump In the wake of a major Supreme Court defeat, President Donald Trump announced that he will sign an executive order to impose a 10% global tariff on U.S. trading partners. The move comes just hours after the Court struck down his earlier sweeping tariff measures, ruling 6–3 that he had exceeded his authority under emergency powers.  Trump said the new tariff will be enacted under Section 122 of the Trade Act of 1974, which allows temporary trade measures to address balance‑of‑payments issues. He emphasized that the tariff would be added “over and above” existing duties, signaling his intent to continue pursuing aggressive trade policies despite the legal setback.  Defiant in tone, Trump insisted that the ruling would not constrain...

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In a significant policy shift, the consumer carbon charge on essentials like gasoline and heating has been eliminated. This move marks a departure from efforts to directly incentivize individual carbon reductions through pricing. Proponents of the change argue that it will ease the financial burden on households, especially during times of economic uncertainty.  

However, critics warn that removing the carbon charge could diminish the focus on greener alternatives and delay the transition to sustainable energy sources. They stress the importance of maintaining long-term environmental goals, even as policymakers address present economic challenges.  

This development reflects the ongoing balancing act between economic relief and environmental responsibility, sparking important conversations about the future of energy policy and climate action.  


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