08 May 2026

US Trade Court Strikes Down Trump's Latest Tariffs as EU Faces Increased Threat

On Thursday, the US Court of International Trade delivered a significant blow to former President Donald Trump's latest trade ambitions, ruling against his imposition of a sweeping set of global tariffs. The court declared that the tariffs, enacted on February 24, were unjustified under a 1970s trade law. This ruling favored small businesses that had challenged the tariffs, resulting in

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Iran Launches Missiles at Alleged Enemy Forces Following US Attack on Tanker

In a significant escalation of tensions in the region, Iran announced on Thursday night that it had launched missiles at what it described as enemy forces in the Strait of Hormuz. This military action was reportedly in response to an attack by the United States on an Iranian oil tanker, according to Iranian state-run media sources. The Iranian military claimed that

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Trump Sets Ultimatum for EU Trade Agreement Ahead of Independence Day

In a bold move, U.S. President Donald Trump has threatened to impose drastic tariffs on the European Union (EU) unless it fulfills its commitments under a previously agreed trade deal by July 4. During a recent conversation with EU Commission President Ursula von der Leyen, Trump emphasized the importance of adhering to the terms established in the sweeping trade agreement

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