Reupping for the US time-zone, my take on yesterday's court ruling against the Trump tariffs. Also a bit of a🧵on what the ruling will and won't achieve. (NB if you don't have an FT subscription, register at [ft.com](
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My take on today's US court tariff ruling. This is an excellent opportunity for the EU and other trading partners to quit preparing packages of concessions, tell Trump to shove it and get on with trading without the US. First 300 clicks free. It being 3.42am here in London, I am now going to bed. [Court tariffs bombshell should...](https://on.ft.com/4juHHyJ )
Re the tariff court ruling I'm not enough of a lawyer (ie not one at all) to see how it matches up with the decision, but this by the great Jennifer Hillman (formerly USTR/WTO Appellate Body) was the most plausible case I saw for why the tariffs are illegal & a court might rule against them. Kudos. [Trump’s Use of Emergency Power...](
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Trump’s Use of Emergency Powers to Impose Tariffs Is an Abuse of Power
President Trump’s tariff war waged in the name of a national emergency over fentanyl imports is an abuse of power.
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Wow. RE:
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Ilya Somin (@ilyasomin.bsky.social)
US Court of International Trade just issued decision in case against Trump tariffs filed by Liberty Justice Center and me. All "Liberation Day"/IEE...
What with this and Brexit hard man Steve Baker moaning about not finding a job, it really is a day for an entire orchestra of nano-violins to strike up. RE:
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Carl Quintanilla (@carlquintanilla.bsky.social)
“.. He also expressed dismay over the reputational hit his companies took: ‘People were burning Teslas. Why would you do that? That’s really ...
Can’t believe there are no jobs for Steve here in the bouncing post-Brexit economy he did so much to foster. h/t [@alexvont.bsky.social](
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Alex von Tunzelmann (@alexvont.bsky.social)
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POLITICO Europe (@politico.eu)
Nearly a year after Britain’s seismic general election, former MPs booted out by the electorate are feeling abandoned. The pain is particularly ...
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RESOLVED: no one to be quoted by large-circulation media outlets about overall employment levels until they have convincingly demonstrated to a panel of economists that they understand the lump of labour fallacy. RE:
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Axios (@axios.com)
EXCLUSIVE: Anthropic CEO Dario Amodei has a blunt, scary warning: AI could wipe out half of entry-level white-collar jobs and spike unemployment to...
Some people instinctively know evil when they see it. RE:
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Finbarr Bermingham (@fbermingham.bsky.social)
I do find it a bit absurd that for a matter of such gravity, the Czech MFA went for... the panda...
But it's substantial enough to compel the rest of the world to join a Mar-a-Lago Accord because reasons. RE:
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FinTwitter (@fintwitter.bsky.social)
Miran sees 10% tariff rate not substantial enough for adverse economic impact
ADD a letter and ruin a movie: Tory Story RE:
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Lewis Baston (@lewisbaston.bsky.social)
ADD a letter and ruin a movie: Star Warts Mulholland Drivel Carlito’s Waxy [contains quote post or other embedded content]