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BREAKING: Supreme Court Allows Trump to Keep Maryland Father in El Salvador For Now
The Supreme Court has allowed the Trump Administration to keep a Maryland father in El Salvador for now, bipartisan momentum grows against Trump's tariffs, and the markets closed moderately lower.
Here’s your evening news rundown—but first, a quick thank you. If you believe in this kind of journalism, please consider subscribing or becoming a supporter. We are going to be doing our next paid subscriber Q&A on Wednesday evening at 8 PM EST.
Now, let’s get into the news.
Chief Justice Roberts temporarily blocked an order that would have brought a Maryland father back from a prison in El Salvador before midnight. A similar situation happened before, when the Supreme Court ultimately denied the Trump administration's attempt to halt USAID funding. For now, Kilmar Armando Abrego Garcia is still being held in a well-known and harsh prison.
U.S. stocks closed slightly down after a turbulent day, triggered by Trump’s newest threats to ramp up the tariff battle.
This Senate bill that would restrict the president’s authority to impose tariffs now has support from seven Republican senators:
• Grassley
• Moran
• Murkowski
• McConnell
• Tillis
• Young
• CollinsTrump plans to veto the bill introduced by Senators Maria Cantwell and Chuck Grassley, which aims to curb the president's power to impose tariffs without congressional approval, according to a White House statement obtained by Axios.
TRUMP says it would be a good idea for someone to control and take ownership of the Gaza Strip.
TRUMP, when asked about pausing tariffs, said: "Not considering that right now."
Trump’s team is weighing a tax credit for exporters as a way to counter the risks posed by tariffs.
Apple plans to increase iPhone production in India, aiming to manufacture approximately 25 million units there this year. This move is intended to mitigate the impact of tariffs on Chinese goods.
The European Commission has proposed implementing 25% counter-tariffs on certain U.S. imports in response to President Donald Trump's tariffs on steel and aluminum.
The U.S. Supreme Court has declined to hear a challenge to New York State's Concealed Carry Improvement Act (CCIA), allowing key provisions of the law to remain in effect. This decision upholds the 2nd Circuit Court of Appeals' ruling, which permits New York to enforce bans on carrying concealed firearms in "sensitive locations" such as parks, entertainment areas, churches, and healthcare facilities.
The Trump administration has terminated several USAID contracts that provided essential humanitarian aid across the Middle East, affecting programs in countries such as Lebanon, Jordan, Syria, Yemen, Somalia, Afghanistan, and Zimbabwe.
JPMorgan CEO Jamie Dimon warns Trump’s tariffs will drive up costs: “We are likely to see inflationary outcomes, not only on imported goods but on domestic prices.”
Let’s see what happens this evening.
— Aaron
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