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Trump's new tariffs underscore Hong Kong's advantages, city official says
HONG KONG, Feb 21 (Reuters) - President Donald Trump's decision to add a new 10% tariff on imports going into the U.S. will benefit Hong Kong as a trade hub, a senior official in the city said on Saturday.Christopher Hui, the secretary for financial services and the Treasury, called the tariff s...Reuters
24 minutes ago
Taiwan says impact of new 10% US tariffs appears limited
TAIPEI, Feb 21 (Reuters) - Taiwan said on Saturday it was closely monitoring the U.S. Supreme Court’s ruling on tariffs and the Trump administration’s imposition of a flat global tariff of 10%."While the initial impact on Taiwan appears limited, the government will closely monitor developments a...Reuters
32 minutes ago
Iran prepares counterproposal as Trump weighs strikes
US military planning on Iran reaches advanced stage, officials sayIran eyes draft counterproposal after talks this weekTrump says he is considering limited military strikesBy Steve Holland, Bo Erickson and Susan Heavey WASHINGTON, Feb 20 (Reuters) - Iran's foreign minister said on Friday ...Reuters
37 minutes ago
USTR expects new Section 301 probes to cover most major trading partners
WASHINGTON, Feb 20 (Reuters) - U.S. Trade Representative Jamieson Greer said on Friday his office would launch several new investigations under the Section 301 trade provision, covering most major trading partners and areas such as pharmaceutical product pricing.Greer said the administration was con...Reuters
3 hours ago
Trump meets Vietnam leader, vows to remove Hanoi from restricted lists
WASHINGTON/HANOI, Feb 20 (Reuters) - President Donald Trump met Vietnamese leader To Lam on Friday and said he would work to remove Hanoi from lists of countries restricted in accessing U.S. advanced technology, according to a summary of the talks posted on the news website of the Vietnamese governm...Reuters
4 hours ago
Microsoft Gaming head Phil Spencer retires, insider Asha Sharma takes over
Spencer to remain as adviser through summerAsha Sharma named CEO of gaming divisionMatt Booty promoted to chief content officerXbox COO Sarah Bond exits MicrosoftBy Jaspreet Singh Feb 20 (Reuters) - Microsoft MSFT.O said on Friday gaming head Phil Spencer is retiring after 38 years at the softwar...Reuters
4 hours ago
US says it struck vessel in the eastern Pacific, killing three men
Feb 20 (Reuters) - The U.S. military said on Friday that it struck a vessel in the eastern Pacific, killing three men, the latest such incident in recent months. President Donald Trump's administration has touted its success at taking out suspected drug trafficking vessels in the area.The milita...Reuters
4 hours ago
USTR expects new Section 301 probes to cover most major trading partners
WASHINGTON, Feb 20 (Reuters) - U.S. Trade Representative Jamieson Greer on Friday said his office would initiate several new investigations under Section 301 of the Trade Act of 1974, covering most major trading partners and areas such as pharmaceutical product pricing.Greer said the Trump administr...Reuters
4 hours ago
Court allows Louisiana law requiring Ten Commandments in schools to take effect
5th Circuit Court overturns ruling, allows law to take effectPlaintiffs argue law violates First Amendment religious rightsDissenting judges criticize ruling as evading US Supreme Court precedentsBy Nate Raymond Feb 20 (Reuters) - A federal appeals court on Friday cleared the way for a Louisiana ...Reuters
4 hours ago
WRAPUP 4-Trump furious after Supreme Court upends his global tariffs, imposes new 10% levy
Trump says he is ashamed of certain members of US Supreme CourtBut he obeys court, signing an executive order repealing the tariffs that were struck downPresident then issued a proclamation imposing a new 10% tariff on imports from all countriesInvestors lament new dose of uncertaintyBy David Lawder...Reuters
4 hours ago
Olympics-Ice hockey-U.S. men's hockey eyes first Olympic gold in 46 years against Canada
U.S. team seeks first gold since 1980 Miracle on IceVictory could be a seismic moment for US hockeyRivalry with Canada adds pressure and opportunityBy Lori Ewing MILAN, Feb 20 (Reuters) - The U.S. men's hockey team is one win from ending a decades-long Olympic gold-medal drought, 46 years aft...Reuters
5 hours ago
FACTBOX-Top cases on the US Supreme Court's docket
Feb 20 (Reuters) - The U.S. Supreme Court is deciding a series of important cases during its current term involving issues such as presidential powers, tariffs, birthright citizenship, guns, race, transgender athletes, campaign finance law, voting rights, LGBT "conversion therapy," religious...Reuters
5 hours ago
US ending certain tariff actions after Supreme Court ruling, White House says
WASHINGTON, Feb 20 (Reuters) - U.S. President Donald Trump's administration is ending certain tariff actions, the White House said late on Friday, after the Supreme Court struck down Trump's sweeping tariffs that he pursued under a law meant for use in national emergencies"In light of re...Reuters
5 hours ago
Olympics-Ice hockey-Slovakia to take small comforts from US loss into bronze medal game
By Trevor Stynes and Giulio Piovaccari MILAN, Feb 21 (Reuters) - Slovakia were soundly beaten by the United States in the men's Olympic ice hockey semi-final on Friday, but head into a battle with Finland to retain bronze with the comfort of an impressive tournament and an improved final per...Reuters
5 hours ago
Supreme Court tariff ruling makes over $175 billion in US revenue subject to refunds, Penn-Wharton estimates
Penn-Wharton estimate based on forecasting model using tariff rates by country, product import dataRefunds of $175 billion could top annual outlays of Transportation, Justice departmentsBy David Lawder WASHINGTON, Feb 20 (Reuters) - More than $175 billion in U.S. tariff collections are subject to...Reuters
5 hours ago
Toymaker assesses next steps in US Supreme Court tariff refund battle
By Timothy Aeppel and Laura Matthews Feb 20 (Reuters) - Companies that hedged their bets by selling potential tariff refund claims to investors celebrated on Friday after the U.S. Supreme Court struck down President Donald Trump's sweeping emergency tariffs.Now comes the hard part."It’s a...Reuters
5 hours ago
Law firms gird for tariff refund fight after Supreme Court ruling
By Mike Scarcella and David Thomas Feb 20 (Reuters) - After the U.S. Supreme Court ruled on Friday that President Donald Trump lacked authority to impose tariffs under a law meant for use in national emergencies, litigation is expected to turn to the U.S. Court of International Trade, where compa...Reuters
5 hours ago
Trump says he has imposed 10% tariff on imports from all countries
Feb 20 (Reuters) - U.S. President Donald Trump said on Friday he has signed documents to impose a 10% tariff on imports from all countries, which will be "effective almost immediately." "It is my Great Honor to have just signed, from the Oval Office, a Global 10% Tariff on all Countries,...Reuters
5 hours ago
TXNM Energy gets FERC approval for $11.5 billion Blackstone deal
Feb 20 (Reuters) - TXNM Energy TXNM.N on Friday said the U.S. Federal Energy Regulatory Commission (FERC) had authorized the company's acquisition by Blackstone Infrastructure BX.N.Last year, Blackstone agreed to acquire the utility company in an $11.5 billion deal, including debt.FERC concluded...Reuters
5 hours ago
