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‘We've all been waiting for this': Trump's tariffs blocked by US federal court
‘We've all been waiting for this': Trump's tariffs blocked by US federal court

Sky News AU

time43 minutes ago

  • Business
  • Sky News AU

‘We've all been waiting for this': Trump's tariffs blocked by US federal court

George Washington University Assistant Economics Professor Steven Hamilton says US President Donald Trump's imposed tariffs are just 'another ripple in the pond' for the US economy. A US federal court has said President Trump has no power to impose these tariffs, and that the power rests with Congress. 'The President doesn't … have the unilateral right to impose tariffs,' Mr Hamilton told Sky News host Andrew Bolt. 'It's not a power vested in him. 'Eventually, it will make its way to the US Supreme Court, and they will decide whether the President indeed has the right to impose these tariffs. 'It would be good news if these tariffs were turned down because they have the potential, frankly, to devastate the us economy and … the global economy. 'This constant up and down is only going to serve to chill investment in the US further.'

US faces a ‘genuine fiscal crisis' with Trump's ‘terrible' new bill
US faces a ‘genuine fiscal crisis' with Trump's ‘terrible' new bill

Sky News AU

time44 minutes ago

  • Business
  • Sky News AU

US faces a ‘genuine fiscal crisis' with Trump's ‘terrible' new bill

George Washington University Assistant Economics Professor Steven Hamilton discusses US President Donald Trump's new 'terrible' bill to cut US debt through massive savings. Elon Musk, who was Mr Trump's biggest donor and campaigner for him, has attacked the President for his cuts. 'Trump is incredibly influential and it's hard to imagine the Senate won't simply roll over and wave it through,' Mr Hamilton told Sky News host Andrew Bolt. 'We have a genuine looming US fiscal crisis. 'I don't know what it will take for the US government finally to reckon with this problem, but something's got to give.'

‘He's not afraid to fight dirty': Trump's crackdown on Harvard
‘He's not afraid to fight dirty': Trump's crackdown on Harvard

Sky News AU

timean hour ago

  • Politics
  • Sky News AU

‘He's not afraid to fight dirty': Trump's crackdown on Harvard

Sky News contributor Kosha Gada discusses the Trump administration blocking international students from attending Harvard University. 'This is a continuation of a fight that this administration has picked with the university sector,' Ms Gada told Sky News host Peta Credlin. 'Tactically, they're alleging that they haven't been forthcoming with requests … about misconduct. 'The real reason for it is taking the fight to the sector. 'He's not afraid to fight dirty.'

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