Last updated: 2026-02-22 05:38:59 ET
Pulse AI Brief
Updated Feb 22, 2026 4:00 AM ET
President Trump has increased global tariffs to 15% following a Supreme Court decision that struck down previous measures. In response, Australia is evaluating all options to counter these tariffs, which they deem unjustified.
This escalation in trade tensions could impact global markets, with potential repercussions for industries reliant on international trade, such as manufacturing and agriculture.
The tariff increase may strain U.S. relations with key allies and trading partners, complicating diplomatic efforts and trade negotiations.
The acknowledgment came in a court filing submitted this week in Trump’s lawsuit against the bank and its leader, Jamie Dimon.
Trump sued JPMorgan Chase for $5 billion, alleging that his accounts were closed for political reasons, disrupting his business operations.
Nation’s largest bank, in response to a lawsuit filed by the president, confirmed his longstanding complaint about “debanking.”
Several major corporations had already filed lawsuits to seek refunds in anticipation of the ruling by the Supreme Court.
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Trump filed the lawsuit in January in a Florida state court in Miami-Dade County, seeking at least $5 billion in damages.
News Corporation announced Thursday that it will match the US Treasury’s $1,000 deposits in Trump accounts for eligible employees – becoming the l...
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The Financial Times, citing sources close to the discussion, said the Wall Street powerhouse is exploring ways to handle financial operations for the ...
