标签: North America

北美洲

  • Trump says he will increase global tariffs to 15%

    Trump says he will increase global tariffs to 15%

    In a dramatic escalation of his trade policy agenda, former President Donald Trump has declared his intention to impose sweeping 15% tariffs on all imported goods entering the United States. This decisive move comes as a direct response to Friday’s Supreme Court decision that invalidated his previous tariff structure, which the court deemed an unconstitutional overreach of presidential authority.

    The announcement, made through Trump’s Truth Social platform on Saturday, represents a significant increase from the 10% global tariff he initially proposed just one day earlier. The new tariff regime, scheduled to take effect on Tuesday, February 24, will be implemented under provisions of a previously unused trade law that permits such measures without immediate congressional approval for approximately five months.

    This development creates immediate complications for several key U.S. trading partners, particularly the United Kingdom and Australia, which had previously negotiated bilateral agreements capping tariffs at 10%. The sudden policy shift undermines these carefully constructed diplomatic arrangements and threatens to destabilize existing trade relationships.

    Trump justified the aggressive tariff increase as a necessary response to what he characterized as a ‘ridiculous, poorly written, and extraordinarily anti-American decision’ by the Supreme Court. In remarkably blunt language, the former president expressed shame toward certain justices and labeled those who rejected his trade policy as ‘fools.’

    The court’s 6-3 ruling determined that Trump had exceeded his constitutional authority when implementing previous tariffs under the 1977 International Emergency Economic Powers Act. The majority opinion included an unusual coalition consisting of the court’s three liberal justices, Chief Justice John Roberts, and two Trump-appointed justices—Amy Coney Barrett and Neil Gorsuch. The dissent came from conservative justices Clarence Thomas, Brett Kavanaugh, and Samuel Alito.

    This tariff initiative represents a cornerstone of Trump’s economic nationalism agenda, which aims to incentivize domestic manufacturing and discourage offshore production through protectionist trade measures. The constitutional confrontation between the executive and judicial branches sets the stage for a significant test of presidential powers regarding international trade policy.

  • US Supreme Court strikes down Trump’s global tariffs: What’s next?

    US Supreme Court strikes down Trump’s global tariffs: What’s next?

    The United States Supreme Court has delivered a landmark ruling striking down former President Donald Trump’s comprehensive global tariff regime, creating immediate economic turbulence and setting the stage for prolonged legal battles. While providing temporary relief to import-dependent industries, the decision has unleashed a complex aftermath of refund claims and policy uncertainty.

    The conservative-majority court’s rejection of tariffs imposed under emergency economic powers has invalidated approximately $133.5 billion in duties collected between January 2025 and December 2025. The ruling notably omitted guidance on refund procedures, transferring this contentious issue to lower courts. According to ING analysts Carsten Brzeski and Julian Geib, the U.S. Court of International Trade will likely oversee a fragmented reimbursement process requiring individual lawsuits from affected importers. Already, over 1,000 corporate entities have initiated legal actions, prompting Trump’s prediction of continuous litigation spanning five years.

    Within hours of the decision, Trump announced alternative measures including a new 10% import levy under Section 122 of the Trade Act of 1974. This temporary authority permits 150-day tariffs unless congressional extension occurs. Simultaneously, the administration has signaled intentions to pursue more permanent duties through Section 301 investigations targeting alleged unfair trade practices.

    Josh Lipsky of the Atlantic Council characterizes the development as merely opening “a new chapter” in Trump’s trade policy, forecasting continued volatility for businesses and complicated negotiations with international partners. The ruling effectively removes what Treasury Secretary Scott Bessent described as a “custom-made” tool for rapid leverage assertion against trading nations.

    While existing trade agreements likely remain intact according to Wendy Cutler of the Asia Society Policy Institute, ongoing negotiations may experience shifted power dynamics. The immediate consumer impact reflects a reduction in average effective tariff rates from 16.9% to 9.1%—still representing the highest levels since 1946 excluding 2025.

    Economists anticipate this judicial intervention will compel a comprehensive reset of tariff implementation strategies. Navy Federal Credit Union’s Heather Long projects that the ruling will likely result in lower overall duty rates and more methodical future trade policy execution, despite administrative intentions to establish enduring tariff structures.

  • USS Gerald R Ford enters Mediterranean: What to know about world’s largest carrier

    USS Gerald R Ford enters Mediterranean: What to know about world’s largest carrier

    The USS Gerald R. Ford, the United States’ newest and most advanced aircraft carrier, has entered the Mediterranean Sea through the Strait of Gibraltar as of Friday. This strategic deployment significantly enhances American military presence in a region experiencing substantial force buildup ahead of potential operations against Iran.

    Accompanied by three destroyer escorts, the nuclear-powered carrier brings the total number of US warships in the Middle East to 17 vessels once fully positioned. The Ford’s arrival marks the second carrier deployment to the region, joining the USS Abraham Lincoln and its accompanying guided-missile destroyers that arrived in January.

    This deployment follows the Pentagon’s February 13th announcement redirecting the carrier from Caribbean operations to the Middle East. President Donald Trump had previously indicated he would consider sending additional carrier support if diplomatic efforts with Iran remained unresolved.

    The Gerald R. Ford represents the pinnacle of naval technology, capable of carrying over 75 military aircraft including F/A-18 Super Hornets and E-2 Hawkeye early warning aircraft. The vessel features advanced radar systems for superior air traffic control and navigation capabilities. Its supporting fleet includes the Ticonderoga-class cruiser USS Normandy and Arleigh Burke-class destroyers USS Thomas Hudner, USS Ramage, USS Carney, and USS Roosevelt—all equipped for comprehensive surface-to-air, surface-to-surface, and anti-submarine warfare operations.

    According to operational records, the carrier has been continuously at sea since June 2025, having been abruptly redirected from planned European operations to the Caribbean in November before its current Middle Eastern assignment. While typical carrier deployments last nine months, extensions frequently occur during periods of heightened military activity.

    US Central Command confirmed the strike group’s deployment is intended to ‘promote regional security and stability’ amid escalating tensions. The military buildup follows Iran’s intensified crackdown on mass protests earlier this year, though President Trump has since stepped back from direct military action while maintaining that all options remain available.

  • Gold price likely to hit $6,000 this year, seen heading towards $10,000, analysts say

    Gold price likely to hit $6,000 this year, seen heading towards $10,000, analysts say

    Financial markets are witnessing an unprecedented rally in gold prices, with leading analysts projecting a potential ascent to the unprecedented $10,000 per ounce mark. After consolidating near $5,100 per ounce, the precious metal is poised for a significant surge as Asian trading hubs resume operations following the Chinese New Year hiatus, expected to inject renewed volatility and upward momentum.

    The current bullish trajectory is underpinned by a confluence of powerful fundamental drivers. Senior research strategist Michael Brown of Pepperstone identifies the recent market calm not as stagnation, but as a highly bullish indicator. He suggests the speculative frenzy has subsided, allowing core market fundamentals to reassert control. These fundamentals include sustained geopolitical risk premiums from ongoing Middle Eastern tensions, relentless demand from central banks diversifying their reserves, and increasing retail investor allocations into gold as a portfolio safeguard.

    Further bolstering the long-term outlook are deep-seated concerns over the unsustainable fiscal policies of developed nations. Brown emphasizes that any price dips should be viewed as strategic buying opportunities, with key support levels established at $4,850 and $4,700 per ounce. A decisive break above the recent high of $5,100 is anticipated to trigger a fresh wave of long positions.

    Zaheer Anwari, CEO of The Revacy Fund, echoes this cautiously optimistic sentiment. He confirms that gold’s status as the premier safe-haven asset is being reinforced by a broad shift away from U.S. assets and persistent central bank accumulation, which collectively act as a robust floor for prices. The prospect of U.S. monetary policy easing continues to serve as a significant tailwind.

    However, analysts caution that the rally is not without potential headwinds. A de-escalation of global conflicts, a more hawkish-than-expected Federal Reserve, or a slowdown in institutional buying could trigger short-term volatility and profit-taking. Anwari’s fund has adopted a more cautious stance, tightening risk parameters and realizing gains near the $5,000 threshold while awaiting clearer directional confirmation.

    This analysis aligns with projections from major global institutions. JPMorgan forecasts gold reaching $6,300 per ounce by the end of 2026, while AuAg Funds predicts the metal will surpass $6,000 within the year, building on its record-breaking performance earlier in 2026 that saw it cross the $5,500 milestone.

  • US says it struck vessel in the eastern Pacific, killing three men

    US says it struck vessel in the eastern Pacific, killing three men

    In a targeted operation on Friday, the United States military conducted a strike on a vessel navigating the eastern Pacific Ocean, resulting in the deaths of three individuals aboard. The action represents the latest in a series of similar engagements undertaken by US forces in the region over recent months.

    The operation was officially disclosed through a post on the social media platform X (formerly Twitter), where the US military asserted that the targeted vessel was actively ‘engaged in narco-trafficking operations.’ This incident aligns with the longstanding policy and public messaging of the Trump administration, which has consistently promoted and celebrated the successes of its counter-narcotics initiatives in international waters, often highlighting the disruption of illicit drug trafficking networks.

    The information, initially reported by Reuters, notes that the news agency could not immediately independently verify the precise details surrounding the strike or the allegations against the vessel. Such military actions are complex and typically involve coordination between various US departments and are based on intelligence gathering. The eastern Pacific corridor is a known route for the transportation of narcotics, primarily cocaine, originating from South America and destined for North American markets, making it a high-priority area for US counter-drug patrols and interdiction efforts.

  • Trump pivots to new 10% global tariff, new probes after Supreme Court setback

    Trump pivots to new 10% global tariff, new probes after Supreme Court setback

    In a swift response to a Supreme Court ruling that invalidated his previous tariff regime, President Donald Trump has enacted a new economic strategy centered on a temporary 10% global import duty. The executive action, signed late Friday, utilizes Section 122 of the Trade Act of 1974—a rarely invoked statute granting presidential authority to address balance of payments deficits.

    The temporary tariff measure will remain effective for 150 days, providing the administration breathing room to initiate multiple investigations under more conventional trade statutes. Treasury Secretary Scott Bessent confirmed the strategic shift would maintain comparable revenue levels despite the judicial setback, though through what he characterized as ‘a less direct and slightly more convoluted manner.’

    This transitional period enables the Office of the U.S. Trade Representative to launch fresh probes under Section 301 of the Trade Act targeting ‘unreasonable and discriminatory’ trade practices. While specific nations weren’t identified in the executive order, ongoing investigations concerning China and Brazil suggest continued focus on major trading partners, with Vietnam and Canada potentially facing increased scrutiny.

    The administration’s legal maneuvering leaves approximately $175 billion in previously collected tariffs subject to potential refunds, though officials indicated resolution would likely require extensive litigation lasting several years. Trade experts note that while the new approach creates prolonged uncertainty, it introduces more procedural regularity through established investigation frameworks requiring research, public commentary, and defined timelines.

    Former U.S. Trade Representative Robert Lighthizer advocated for congressional action to modernize trade tools, reflecting broader administration intentions to institutionalize more durable tariff authorities beyond temporary measures.

  • US business groups, lawmakers welcome Supreme Court ruling against Trump tariffs

    US business groups, lawmakers welcome Supreme Court ruling against Trump tariffs

    In a landmark judicial decision with profound implications for executive power, the U.S. Supreme Court has invalidated former President Donald Trump’s utilization of emergency authorities to impose sweeping tariffs. The 6-3 ruling, delivered on Friday, represents a significant judicial check on presidential trade policy and has been met with widespread approval from business communities and legislators across the political spectrum.

    The court determined that the executive branch had significantly overstepped its constitutional boundaries by declaring national emergencies to justify tariffs against numerous trading partners. This judicial finding renders a substantial portion of tariffs enacted the previous year unlawful, potentially triggering billions in duty refunds to affected companies.

    Neil Bradley of the U.S. Chamber of Commerce characterized the decision as “welcome news for businesses and consumers alike,” highlighting how the tariffs had precipitated substantial cost escalations and severe supply chain disruptions throughout the American economy. The Chamber immediately called upon the administration to expedite reimbursement of unlawfully collected duties and undertake a comprehensive overhaul of national tariff policy to foster economic expansion and reduce household expenses.

    This sentiment was echoed by ‘We Pay the Tariffs,’ a coalition representing small business interests, which demanded “full, fast and automatic” refunds for its members who had paid billions in duties that were, according to the Court’s ruling, improperly levied.

    The decision received notable bipartisan support, with Republican Senator Mitch McConnell of Kentucky welcoming the judicial reaffirmation of congressional authority in trade matters. “The American people already understand that when Washington establishes artificial trade barriers, domestic construction and consumer purchasing become markedly more expensive,” McConnell stated.

    Foreign policy experts suggested the ruling could curtail the executive’s ability to deploy tariffs as a rapid-response geoeconomic instrument, though alternative statutory pathways for implementing tariffs through conventional trade negotiations remain available. Some industry representatives expressed lingering concerns about potential future tariff implementations through different legal mechanisms, indicating that certain policy uncertainties persist despite this decisive judicial intervention.

  • Trump signs 10 percent global tariff on all countries

    Trump signs 10 percent global tariff on all countries

    In a landmark economic policy shift, former President Donald Trump has enacted a comprehensive 10% tariff on imports from all trading partners worldwide. The sweeping measure, signed on February 21, 2026, represents one of the most extensive trade policy interventions in modern economic history, effectively applying uniform import duties across all nations without exemptions.

    The policy departure marks a significant escalation from previous targeted tariff approaches, establishing a blanket import tax that economists predict will trigger substantial adjustments in global supply chains and international trade relations. The uniform nature of the tariff structure eliminates country-specific trade preferences that have characterized international commerce for decades.

    Trade analysts anticipate immediate repercussions across multiple sectors, with consumer goods, automotive imports, and electronics expected to experience price increases. Manufacturing industries reliant on imported components face potential cost pressures, while domestic producers may benefit from reduced foreign competition.

    The implementation coincides with ongoing diplomatic engagements, as evidenced by recent high-level discussions between Chinese Foreign Ministry officials and European counterparts emphasizing cooperation. These parallel developments highlight the complex interplay between trade policy and international diplomacy in the current global landscape.

    Market observers are monitoring potential retaliatory measures from major trading partners, which could initiate a new phase of trade adjustments affecting trillions of dollars in global commerce. The policy’s long-term implications for inflation, economic growth, and international relations remain subjects of intense speculation among policymakers and economists worldwide.

  • Tumbler Ridge suspect’s ChatGPT account banned before shooting

    Tumbler Ridge suspect’s ChatGPT account banned before shooting

    In a significant revelation concerning AI platform accountability, OpenAI confirmed it had terminated a ChatGPT account belonging to Jesse Van Rootselaar approximately eight months prior to the devastating mass shooting in British Columbia. The artificial intelligence company disclosed that its internal monitoring systems identified the account in June 2025 through comprehensive abuse detection protocols designed to flag accounts potentially furthering violent activities.

    According to official statements, OpenAI opted against notifying law enforcement authorities at the time, determining that the account’s activity failed to meet the company’s threshold for credible or imminent threats of serious physical harm. Following the February 12th tragedy that claimed eight lives in rural Tumbler Ridge, OpenAI proactively reached out to Canadian police with relevant information about the suspect.

    The Wall Street Journal initially reported internal deliberations within OpenAI, revealing that approximately a dozen staff members had engaged in discussions regarding Van Rootselaar’s concerning posts. Some employees reportedly identified the suspect’s AI usage patterns as potential indicators of real-world violence and advocated for alerting authorities, though company leadership ultimately decided against taking this step.

    OpenAI maintains a policy of contacting authorities exclusively in cases presenting imminent risk, expressing concern that broader reporting could potentially cause unintended harm. The company emphasized its continuous efforts to train ChatGPT systems to discourage real-world harm when detecting dangerous situations and to refuse assistance for illegal activities.

    In the aftermath of Canada’s deadliest mass shooting in recent history, which left 27 additional individuals injured at Tumbler Ridge Secondary School, OpenAI has committed to reviewing its referral criteria with expert consultation. The suspect, who police confirmed was born male but identified as female, died from a self-inflicted gunshot wound at the crime scene. Among the victims were Van Rootselaar’s mother and step-brother, both discovered deceased at a local residence. Investigation into the motive continues as authorities work to comprehend the full circumstances surrounding the tragedy.

  • Top-tier international schools drive 35% surge in Dubai villa prices

    Top-tier international schools drive 35% surge in Dubai villa prices

    Dubai’s residential real estate sector is experiencing a fundamental transformation as premium international schools emerge as the dominant factor driving capital appreciation in the villa market. According to comprehensive data from property advisory firm BlackBrick, established communities with superior educational access are significantly outperforming broader market trends.

    The Property Monitor Dynamic Price Index reveals that mature villa neighborhoods near top-tier international institutions are witnessing unprecedented price growth. Areas including Victory Heights, The Meadows, Jumeirah Islands, The Lakes, and The Greens have demonstrated the strongest appreciation metrics over the past twelve months, with some properties achieving remarkable 35% valuation increases.

    This trend reflects a structural shift in buyer behavior, with long-term resident families now dominating the villa segment and placing educational accessibility at the core of their property decisions. Industry analysts note that families are prioritizing convenience and lifestyle planning over short-term investment considerations, creating a more stable market foundation.

    Matthew Bate, Founder and CEO of BlackBrick, emphasized: ‘Dubai’s villa market is being driven by families planning five to ten years ahead, with education becoming a primary decision-making filter rather than a secondary consideration. School proximity is now materially influencing price performance as parents make property choices centered around the school run.’

    Victory Heights has emerged as a standout performer in this education-driven cycle, with non-renovated villas posting 25-35% annual appreciation. Even renovated properties have achieved 15-20% growth, while townhouses have seen more modest gains due to mortgage restrictions above the Dh5 million threshold.

    Arabian Ranches demonstrates similar resilience, supported by proximity to the prestigious Jumeirah English Speaking School (JESS). Despite slightly lower growth rates due to larger housing inventory, non-renovated villas have delivered solid 20-25% annual returns.

    The phenomenon mirrors established patterns in global markets like London and Singapore, where properties near elite educational institutions consistently command premium valuations. Knight Frank reports Dubai’s prime villa market maintained double-digit growth throughout 2025, driven primarily by end-user demand from expatriate families seeking long-term residency.

    Faisal Durrani, Partner and Head of Middle East Research at Knight Frank, observed: ‘The shift toward end-user driven buying is making the market more stable and sustainable. Communities offering lifestyle infrastructure including schools, parks, and retail are experiencing the strongest and most resilient price growth.’

    CBRE data corroborates this narrative, indicating Dubai’s average villa prices surged over 20% in 2025, substantially outpacing apartment growth. Taimur Khan, Head of Research for Middle East and Africa at CBRE, noted: ‘Villa communities with strong schooling options and established infrastructure continue to outperform, supported by limited supply and a growing base of long-term residents.’

    The education-driven dynamic is reinforcing market stability, with buyers committing to extended ownership horizons of five to ten years. This transition from speculative investment to genuine occupier demand reduces volatility and supports sustained capital appreciation, positioning Dubai’s established villa communities for continued price momentum through 2026 and beyond.