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Trump’s Sweeping Tariffs Invalidated by Appeals Court

The decision is a big blow to President Trump’s trade policies, but the judges left the duties in place for now to allow time for a likely appeal to the Supreme Court.

© Haiyun Jiang/The New York Times

President Trump’s punishing slate of tariffs immediately drew legal challenges from small businesses and state governments.
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Fed Governor Lisa Cook Sues Trump Over Dismissal

Lisa Cook, who has not been charged with a crime, sought to retain her position, arguing her firing was “unprecedented and illegal.”

© Drew Angerer/Getty Images

Many experts have questioned the legality of President Trump’s attempt to fire Lisa Cook, a Federal Reserve governor.
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Trump’s Attempt to Fire the Fed’s Lisa Cook Risks Global Economic Stability

President Trump’s attempt to fire Lisa Cook, a Fed governor, will set off a long legal battle. Economists warn it could lead to higher inflation and government borrowing costs.

© Doug Mills/The New York Times

President Trump’s attempt to fire Lisa Cook, a Federal Reserve governor, creates more uncertainty at a critical moment for the central bank.
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Fed Governor Lisa Cook to Sue Over Firing, Asserting Trump Abused Power

Lawyers for Ms. Cook promised to take legal action one day after the president moved to fire her over allegations of mortgage fraud.

© Drew Angerer/Getty Images

President Trump’s effort to fire Lisa Cook, a Federal Reserve governor, is among the unprecedented attacks on the central bank.
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Trump Says He Is Firing Lisa Cook From Fed Board of Governors

President Trump told Lisa Cook that he had found sufficient cause “to remove you from your position.” Ms. Cook and her lawyer said they would fight the firing.

© Brittany Greeson for The New York Times

Lisa Cook has served on the Federal Reserve Board of Governors since 2022.
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After U.S. Takes Stake in Intel, Trump Pledges ‘Many More’ Deals

The president said he hoped to “get as much as I can,” signaling a shift in the relationship between government and private business.

© Tierney L. Cross/The New York Times

President Trump’s pledge to pursue investments in major companies underscored a tectonic and potentially risky shift in the relationship between government and private enterprise.
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What to Know About the Fed’s Lisa Cook and Mortgage Fraud Allegations

Trump administration officials have accused the Federal Reserve governor of mortgage fraud and called for her to resign.

© Drew Angerer/Getty Images

President Trump said Friday that he would fire Lisa Cook, a Federal Reserve governor, if she didn’t resign.
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Trump Threatens to Fire Fed Governor Lisa Cook If She Does Not Resign

President Trump said he would fire Lisa Cook, a Federal Reserve governor, if she did not resign. But his ability to fire a Fed governor is limited.

© Drew Angerer/Getty Images

President Trump’s threat to fire Lisa Cook, a Federal Reserve governor, came after the director of the Federal Housing Finance Agency accused her of mortgage fraud.
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Europe Gets a Written Trump Trade Deal, With a Caveat for Automakers

Under the newly fleshed-out details, Washington will maintain high tariffs on vehicles imported from the bloc until the E.U. takes steps to lower its levies on many American products.

© Virginia Mayo/Associated Press

Cars at the Port of Zeebrugge, Belgium. European automakers face 27.5 percent tariffs on vehicles exported to the United States.
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Europe Gets a Written Trump Trade Deal, With a Caveat for Automakers

Under the newly fleshed-out details, Washington will maintain high tariffs on vehicles imported from the bloc until the E.U. takes steps to lower its levies on many American products.

© Virginia Mayo/Associated Press

Cars at the Port of Zeebrugge, Belgium. European automakers face 27.5 percent tariffs on vehicles exported to the United States.
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Trump Calls for Fed Governor Lisa Cook to Resign Amid Campaign to Remake Central Bank

The administration accused the official, Lisa Cook, of mortgage fraud and said it would refer the matter for criminal investigation.

© Kendrick Brinson for The New York Times

Lisa Cook, a member of the Federal Reserve Board of Governors, at an event at Spelman College in Atlanta in 2023.
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No Tariff Exemption for European Wine and Spirits, at Least for Now

As the text of a trade agreement comes together, European Union negotiators haven’t persuaded the Americans to cut alcohol tariffs to zero.

© Stephane Mahe/Reuters

As the United States and the European Union move closer to a final trade agreement, it looks like alcohol will be subject to a 15 percent tariff.
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