logo
Appeals court sides with Trump, allows tariffs to stay in place

Appeals court sides with Trump, allows tariffs to stay in place

Fast Company2 days ago

A federal appeals court agreed Tuesday to let the government keep collecting President Donald Trump's sweeping import taxes while challenges to his signature trade policy continue on appeal.
The decision by the U.S. Court of Appeals for the Federal Circuit extends a similar ruling it made after another federal court struck down the tariffs May 28, saying Trump had overstepped his authority. Noting that the challenges to Trump's tariffs raise 'issues of exceptional importance,' the appeals court said it would expedite the case and hear arguments July 31.
The case involves 10% tariffs the president imposed on almost every country in April and bigger ones he imposed and then suspended on countries with which the United States runs trade deficits. It also involves tariffs Trump plastered on imports from China, Canada and Mexico to pressure them to do more to stop the illegal flow of immigrants and synthetic opioids across the U.S. border.
In declaring the tariffs, Trump had invoked emergency powers under a 1977 law. But a three-judge panel of the U.S. Court of International Trade ruled he had exceeded his power.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

The 20 Richest Places In Indiana, New Census Data Shows
The 20 Richest Places In Indiana, New Census Data Shows

Forbes

time26 minutes ago

  • Forbes

The 20 Richest Places In Indiana, New Census Data Shows

Many of the top wealthiest cities in Indiana lie in the radius of suburbs around Indianapolis. Where other states in the Midwest have struggled with population decline, Indiana has held strong. Back in 2000, the population of Indiana was a little over a million. By 2024, the population had grown by 14%, reaching 6.92 million. As part of an ongoing series of analyses, states have been examined using the latest Census Bureau data to determine which the richest cities in the state are. For this study, the focus is Indiana. This study analyzed 976 cities — what the Census Bureau designates as 'places' — in Indiana that had complete data from the Census Bureau, in terms of their median household income, mean (average) household income, median home value, and median property taxes paid per year, to come up with a list of the 25 richest cities in the state. Read on to find out what the richest city in Indiana is, plus the top 20 wealthiest cities in the state overall. In order to compile this list of the richest cities in Indiana, we sourced key financial data from the Census Bureau's 2023 American Community Survey. Wielding these datasets, we put together a four-factor scoring system to help identify the wealthiest cities in Indiana: When analyzing the data, it is important to note that Census figures have upper limits, so there's no exact value for certain factors. For example, for median household income, the Census Bureau has an upper limit of '$250,000+'. For median home value, the upper limit is '$2,000,000+'. For median property taxes paid, the upper limit is '$10,000+'. For these reasons, the mean household income (which is the same as average household income) dataset is particularly useful. Since the Census Bureau has exact figures for it, it's an even more precise barometer of wealth. All four of these metrics were scored, added up, and then ranked by the cities' combined scores. Another aspect of the Census to point out is the Census-designated place — CDP. The Census, more or less, treats CDPs as cities — their terminology is 'place' — and so will this list of the richest cities in Indiana. So, if you see cities on this list that you see as neighborhoods or retirement communities, you're not wrong. These places happen to be treated as cities by the Census Bureau. Below, you'll find a table detailing the top 20 richest cities in Indiana and their respective dollar figures for each metric, below: The No. 1 richest city in Indiana in our ranking is Crows Nest, a town within Washington Township, due north of Indianapolis. Crows Nest is a small place, with only 28 households. This town has an occupational mix that's common to many suburbs. According to Data USA, the top three industries by employment are Professional, Scientific, & Technical Services (39.5% of the workforce), Accommodation & Food Services (18.4% of the workforce), and Health Care & Social Assistance (13.2% of the workforce). Incomes in Crows Nest are very high. The median household income here is $245,000, around triple the state median of $81,702. The average household income is even higher, at $744,021. The median home value exceeds $2 million. And property taxes are so high, the median amount paid per household is over $10,000. The No. 2 richest place is just north of the No. 1 city, and it's name is North Crows Nest, appropriately. They are almost exactly the same size, with North Crows Nest having 27 households to Crows Nest's 28 households. The median household income in North Crows Nest is above $250,000. Its average household income isn't as high as in Crows Nest: $546,926 in North Crows Nest versus $744,021 for Crows Nest. The median home value reported by the Census is well over $1.5 million. And just like in Crows Nest, the median property taxes by household is in excess of $10,000. The third richest place in Indiana is Williams Creek. This place is also due north of Indianapolis and lies in the same township, Washington Township. This town is larger than No. 1 and No. 2, being home to 164 households. The employment breakdown is comparable to Crows Nest. The top three industries include Professional, Scientific, & Technical Services (24.2% of the workforce), Health Care & Social Assistance (15.2% of the workforce), and Retail Trade (11.1% of the workforce). The median household income in Williams Creek is $218,750, while the mean household income is $372,541. Property taxes are also substantial here, costing households a median of over $10,000 per year. The median home value is reported as $1.212 million.

National Portrait Gallery head resigns two weeks after Trump called for her firing
National Portrait Gallery head resigns two weeks after Trump called for her firing

CNN

time26 minutes ago

  • CNN

National Portrait Gallery head resigns two weeks after Trump called for her firing

The director of the National Portrait Gallery has resigned from her post, according to a memo sent to Smithsonian employees and obtained by CNN. Kim Sajet's departure from the gallery comes just two weeks after President Donald Trump called for her employment to be terminated in a post on Truth Social, claiming she was 'highly partisan' and a supporter of diversity, equity and inclusion initiatives that his administration has worked to end. The secretary of the Smithsonian Institution, Lonnie Bunch, wrote in the memo that Sajet is stepping down on Friday, writing that she had led the gallery 'with passion and creativity for 12 years.' The New York Times first reported Sajet's resignation. 'Throughout her tenure, she has reimagined and reshaped the impact and storytelling of portraiture,' Bunch said. Sajet was the first woman to serve in the role. The National Portrait Gallery in Washington, DC, is part of the Smithsonian Institution, which is the world's largest museum complex, including 21 museums and the National Zoo. Earlier this week, the Smithsonian released a statement emphasizing its 'nonpartisan stature' and saying 'all personnel decisions' are made by its secretary. The institution added that its Board of Regents 'is committed to ensuring that the Smithsonian is a beacon of scholarship free from political or partisan influence.' Trump has sought to influence cultural and artistic institutions, including the Smithsonian. In March, he signed an executive order putting Vice President JD Vance in charge of stopping government spending on 'exhibits or programs that degrade shared American values, divide Americans based on race, or promote programs or ideologies inconsistent with Federal law and policy.' Vance serves on the institution's board of regents by virtue of his role as vice president. 'This was not an easy decision, but I believe it is the right one,' Sajet said in a statement included in Bunch's memo, which did not mention Trump. 'From the very beginning, my guiding principle has been to put the museum first. Today, I believe that stepping aside is the best way to serve the institution I hold so deeply in my heart,' she added. Bunch wrote that the undersecretary for museums and culture, Kevin Gover, will take over as acting director of the gallery.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store