The Supreme Court stops Trump’s global tariffs

The Supreme Court strikes down Trump's 'reciprocal' tariffs for abusing an emergency law. It could trigger million-dollar refunds.

A blow to the former president’s trade policy

The US Supreme Court, with an unusual majority that crossed ideological lines, has just slammed the door on one of Donald Trump’s most controversial commercial weapons. It invalidated those so-called “reciprocal” tariffs that it imposed on more than a hundred countries, from the EU to China and Mexico.

The reason is compelling: the former president abused the Emergency Powers Act (IEEPA) of 1977. The 170-page ruling says he used a tool for national emergencies as a hammer to hit global trade.

RelatedFederal court allows Trump to keep tariffs in place during appeal

And now what? The bill could be huge

Here’s the kicker: this doesn’t affect other specific levies (like aluminum or cars), but it opens the door to historic refunds. Analysts speak of up to $175 billion that companies could claim. The ruling does not say how to return the money, but it sets the table for an epic legal battle.

“The IEEPA does not give the president authority to impose tariffs,” Chief Justice John Roberts stressed.

Roberts, joined by skeptical liberal and conservative justices, signed the majority opinion. It was a clear message: Congress has that power, not the White House. Three justices, including Clarence Thomas and Brett Kavanaugh, dissented, warning of economic damage.

The ruling comes at an explosive time: four days before Trump’s State of the Union address. It’s an uncomfortable reminder about the limits of executive power. Behind it are companies grouped in “We Pay the Tariffs”, which have been fighting for years against what they consider an illegal tax.

The question now is whether this ruling sets a precedent to stop future tariff adventures or if it is just another chapter in the permanent trade war.

France intercepts new ship from the Russian network that evades sanctions

France intercepts another oil tanker linked to the Russian network that evades sanctions in the Mediterranean.

The French Navy intercepted the Cameroonian-flagged oil tanker Deliver off the coast of Sicily on Tuesday. The vessel would be part of the fleet of unregistered vessels that Moscow uses to circumvent international restrictions on its crude oil exports.

“The French Navy carried out an inspection with boarding on the oil tanker Deliver while it was transiting in violation of international maritime law,” President Emmanuel Macron reported on his social networks.

Inspections on the rise

Since September, France has carried out four inspections of ships suspected of belonging to this network. The United Kingdom did the same in June with the oil tanker Smyrtos in the English Channel. Paris and London are leading a stricter application of European sanctions that Russia has until now managed to evade with relative ease.

This Friday, representatives of the 27 EU member states will analyze the twenty-first package of sanctions. Among the proposed measures are maintaining the cap on the price of Russian crude oil, expanding the list of vessels banned from European ports and restricting imports of Russian fishing products.

There is less consensus on prohibiting entry to Russian veterans who have fought in Ukraine. Italy and France expressed reservations about the difficulty of identifying them without generating a general ban on Russian citizens.

At the same time, Ukraine intensified its operations in Russian territory. kyiv claimed to have attacked two refineries in Ufa, 1,500 kilometers from the front. “We are implementing our long-range sanctions plan,” declared Volodymyr Zelensky before authorizing a 40-day operation led by the Ukrainian security services.

The Ukrainian president also obtained the first 3 billion euros of a 90 billion European loan. “It is clear that it is Russia that prolongs the war and ignores all diplomatic proposals,” Zelensky said in conversation with Ursula von der Leyen.

Continue reading

Evacuation paused in the Strait of Hormuz after attack on ship

UN suspends maritime rescue plan after shooting at ship in the Persian Gulf.

The International Maritime Organization (IMO), a UN agency, paused the evacuation of ships stranded in the Strait of Hormuz. The decision was made after the British military reported that a ship was hit by a shell off the coast of Oman.

The Secretary General of the IMO, Arsenio Domínguez, explained that the plan will be suspended until security guarantees are confirmed. The attacked ship was not part of the evacuation effort.

Warnings from Iran and new routes

Hours before the attack, Iran threatened to prohibit passage through the strait without permission from Tehran. The new Persian Gulf Strait Authority, created by the Iranian government, warned in X that transit outside its designated routes “will not be covered by the guarantee of safe passage.”

The United Kingdom’s Maritime Trade Operations center indicated that the ship suffered damage, but with no casualties or environmental impact.

Opening an alternative passage would ease pressure on the global economy and reduce Iran’s influence in peace negotiations. The US Secretary of State, Marco Rubio, assured during a visit to the Persian Gulf that Washington is committed to the new route.

“If that stops, then we’re going to have a problem,” Rubio said.

The price of oil briefly fell below $73 a barrel, a sign that the market is seeing improvement.

Negotiations and regional tensions

The United States and Iran are discussing the terms of a provisional peace agreement, with a period of 60 days to define details such as the passage of ships and the future of Iranian enriched uranium.

Meanwhile, the escalation of fighting in Lebanon threatens the truce. The Lebanese Ministry of Health reported five deaths from Israeli attacks in the last two days. Hezbollah called the actions violations of the ceasefire, but has not responded.

The Israeli army confirmed the death of a reservist soldier and another wounded in southern Lebanon.

Maritime transit in figures

Despite the incident, more ships are crossing the strait, although far below pre-war levels. Shipping company Maersk managed to remove its container ship Maersk Baltimore and another ship on Thursday.

According to Lloyd’s List Intelligence, 125 vessels crossed last week, up from 33 the week before. S&P Global reported 78 transits on Wednesday, the highest number since the conflict began, but still far from the daily average of 130.

Iran considers the new route “unacceptable and completely dangerous.” The naval arm of the Revolutionary Guard warned that “action will be taken against violators.” On Wednesday, they threatened an oil tanker by radio: “they are within range of my missiles,” according to the security firm Ambrey.

Rubio met with Gulf Cooperation Council ministers to ensure their interests will be protected. Bahraini Foreign Minister Abdullatif bin Rashid al-Zayani said the deal brings hope, but it is “critical that Iran fulfills its obligations.”

Continue reading

Earthquakes in Venezuela: 188 dead and 40 thousand missing

Two earthquakes in Venezuela leave 188 dead and 40,000 missing, according to estimates.

Official balance and independent estimates

Two earthquakes of magnitude 7.1 and 7.5 shook Venezuela on Thursday, leaving a provisional toll of 188 dead and 1,520 injured, according to Jorge Rodríguez, president of the National Assembly. Around 2,000 families lost their homes. The first tremor occurred at a depth of 20 km; the second, stronger, only 10 km away.

An independent civil initiative estimates that the missing people could reach 40,000. The government has not validated that figure. The coastal area of ​​the state of La Guaira and the west of Caracas were the most affected.

“Everything was falling on us. It looked like a horror movie. It lasted about two minutes,” a resident told the local press.

International response and solidarity

Interim President Delcy Rodríguez declared a state of emergency, closed schools and courts, and mobilized all health personnel. Communications and the airport are collapsed; many bridges were damaged.

International help arrived quickly: rescue teams from the United States, the European Union, Türkiye and Mexico. The IMF allocated 200 million euros for reconstruction. Italy will send firefighters and civil protection.

The lack of supervision in construction—few projects meet anti-seismic standards, without urban planning—would have aggravated the damage, according to local complaints. Venezuela is located on the fault between the Caribbean and South American plates, an area of ​​high seismic risk.

Continue reading