Tag:

Trade Policies

National Interest
Most Of Trump's Tariffs Ruled Illegal By Federal Court; Administration Expected To Appeal Most Of Trump's Tariffs Ruled Illegal By Federal Court; Administration Expected To Appeal Most Of Trump's Tariffs Ruled Illegal By Federal Court; Administration Expected To Appeal
Most Of Trump's Tariffs Ruled Illegal By Federal Court; Administration Expected To Appeal A federal appeals court has dealt a major blow to President Donald Trump’s trade agenda, ruling that most of his sweeping global tariffs were illegal, reports said.  The US Court of Appeals for the Federal Circuit found on Friday, Aug. 29, that the law Trump used to justify some of his most aggressive trade measures did not give him the authority to impose those tariffs, according to CNBC.  The 7-4 ruling casts doubt on Trump’s agreements with the European Union, Japan, South Korea, and other major trading partners to lower “reciprocal” tariffs from the rates his administrati…

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by Josh Lanier
Windsor Locks, CT
On Your Side
JetBlue Cutting Flights, Delaying Upgrades As Travel Demand Slumps: Report JetBlue Cutting Flights, Delaying Upgrades As Travel Demand Slumps: Report JetBlue Cutting Flights, Delaying Upgrades As Travel Demand Slumps: Report
JetBlue Cutting Flights, Delaying Upgrades As Travel Demand Slumps: Report JetBlue Airways is cutting more flights and scaling back investments as the airline industry struggles with declining demand, according to a report. JetBlue will reduce off-peak flying and trim unprofitable routes, according to an internal memo from CEO Joanna Geraghty obtained by CNBC on Tuesday, June 17. The New York City-based carrier will park four Airbus A320 jets it originally planned to update with new interiors, while upgrades for six others remain on track for 2026. The airline is also reevaluating hiring plans, may consolidate leadership roles, and could limit corpo…

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by Chris Spiker
Hartford, CT
On Your Side
Chipotle Launches First New Dip In Five Years: See The Spicy, Smoky Flavor Chipotle Launches First New Dip In Five Years: See The Spicy, Smoky Flavor Chipotle Launches First New Dip In Five Years: See The Spicy, Smoky Flavor
Chipotle Launches First New Dip In Five Years: See The Spicy, Smoky Flavor Chipotle is cranking up the flavor for the summer with its first new dip in five years. The restaurant chain will soon start offering Adobo Ranch, the company announced on Monday, June 9. The smoky and spicy dip will be available across North America on Tuesday, June 17. Adobo Ranch marks Chipotle's first new dip since the launch of Queso Blanco in 2020. Made fresh in-house with adobo pepper, sour cream, and a signature blend of herbs and spices, the dip aims to bring an extra kick to burritos, bowls, salads, tacos, and quesadillas. Rewards members can get a free side of Adobo Ranch o…

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by Chris Spiker
Andover, MA
On Your Side
Major Household Product Maker With MA Plants Cutting 7,000 Jobs As Trump Tariffs Roil Economy Major Household Product Maker With MA Plants Cutting 7,000 Jobs As Trump Tariffs Roil Economy Major Household Product Maker With MA Plants Cutting 7,000 Jobs As Trump Tariffs Roil Economy
Major Household Product Maker With MA Plants Cutting 7,000 Jobs As Trump Tariffs Roil Economy Procter & Gamble, which operates eight plants across the Northeast, plans to cut up to 7,000 jobs over the next two years as President Donald Trump's trade policies shake businesses and consumer confidence, according to reports. Andre Schulten, P&G's chief financial officer, announced the layoffs during the Deutsche Bank Consumer Conference in Paris on Thursday, June 5. The cuts amount to about 6% of the company's global workforce and roughly 15% of its non-manufacturing positions, the Associated Press reported. P&G had about 108,000 employees worldwide as of June…

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by Chris Spiker
New Rochelle, NY
On Your Side
Skechers Sold In $11B Deal As Trump's Tariffs Raise Worries For Shoemakers Skechers Sold In $11B Deal As Trump's Tariffs Raise Worries For Shoemakers Skechers Sold In $11B Deal As Trump's Tariffs Raise Worries For Shoemakers
Skechers Sold In $11B Deal As Trump's Tariffs Raise Worries For Shoemakers A private equity firm will purchase Skechers as President Donald Trump's sweeping tariffs create growing uncertainty for US footwear companies. 3G Capital will buy Skechers for what could be worth up to $11 billion, the shoemaker announced in a news release on Monday, May 5. Once finalized, the deal will make Skechers private and it'll be delisted from the New York Stock Exchange. Skechers, which is the third-largest footwear brand globally behind Nike and Adidas, will continue to be led by CEO Robert Greenberg and president Michael Greenberg. The company's headquarters will remai…

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by Chris Spiker
Hartford, CT
On Your Side
DHL Ends High-Value Delivery Pause As Trump's Tariffs Spark Customs Backlog DHL Ends High-Value Delivery Pause As Trump's Tariffs Spark Customs Backlog DHL Ends High-Value Delivery Pause As Trump's Tariffs Spark Customs Backlog
DHL Ends High-Value Delivery Pause As Trump's Tariffs Spark Customs Backlog A major global shipping company has lifted its pause on high-value shipments to the US after stopping them for a week due to President Donald Trump's sweeping tariffs. DHL has resumed business-to-consumer deliveries for packages with declared values of $800 or more. The company made the announcement in a website update on Monday, April 28.  The German shipping giant paused high-value shipments on Monday, April 21. DHL warned customers that the latest tariff-driven rule changes to inspections had overwhelmed its clearance systems, triggering multi-day delays. The re…

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by Chris Spiker