Plaintiffs argue the tariffs, including a 10% minimum charge, are crippling small businesses, with some facing unsustainable costs and potential closures.
Critics argue federal funding requires compliance with laws like Title VI, while Harvard defends its independence and race-based admissions.
Critics question the accuracy of DOGE’s savings claims, citing inflated numbers and inconsistent calculations, while the White House defends the progress as significant.
President Trump denied reports of tariff exemptions for electronics, stating no leniency is being granted, especially to China.
Stock futures climbed after a temporary tariff break on high-tech imports, with Nasdaq futures leading at 1.26%.
U.S. exemptions on tech products like smartphones and semiconductors benefit companies like Apple but leave a 20% tariff on all Chinese imports intact.
Governor Stein criticizes the decision, calling for federal support to meet the immense recovery needs, including clearing debris and rebuilding homes.
Summers warns that IRS workforce cuts, part of DOGE reforms, may result in greater revenue losses than savings.