Business Update

The U.S. Court of International Trade said the president had overstepped his authority under the federal emergency powers law he invoked. Source link

President Trump has stopped some critical products and technologies made only in the United States from flowing to China, flexing the government’s power over global supply chains. Source link

Officials at the Federal Reserve have adopted a wait-and-see approach to policy moves amid extreme uncertainty about the economic outlook. Source link

The storied sports car maker, which was facing challenges from China and slumping demand for electric cars, now has to grapple with tariffs from the Trump administration. Source link

Japan’s government faces pressure to curtail debt-fueled spending that some argue has staved off populist waves. Source link

The White House would like some control of U.S. Steel if it approves its sale to Nippon Steel. Such deals could alter foreign investment in the United States. Source link

Already in the geopolitical spotlight, the country prepares for the first direct flights from the United States. In the capital of Nuuk, the expected tourism influx is both exciting and worrying. Source link

European companies operating in China say the market has become increasingly challenging because of weak economic demand and opaque government rules on business. Source link

Paul Walczak’s pardon application cited his mother’s support for the president, including raising millions of dollars and a connection to a plot to publicize a Biden family diary. Source link

​Big players in the crypto sector argue that new European cryptocurrency rules may be enabling recent abductions and are demanding changes and more security. Source link