RawDiary

Trump Tariffs: Lawsuit Looms Over Billionaire Bleed

A major lawsuit is challenging President Trump’s sweeping tariff policies as top billionaires see their fortunes plummet amid a global trade war, sparking widespread market volatility and raising questions about the future of US economic strategy.

24 Hours President Trump's aggressive tariff policies have ignited a global trade war, triggering lawsuits and slashing billionaire fortunes. The Supreme Court has backed his deportation efforts under a centuries-old Alien Enemies Act, while ICE detains long-time residents over minor infractions. Wall Street reels amid volatile market swings as economic uncertainty grows. Internationally, China vows retaliatory measures and direct talks with Iran and Israel set the stage for high-stakes negotiations. Federal workers face job reassignments amid controversial DOJ moves. Across sectors, tech giants adapt as health agencies confront resurging measles and vaccine hesitancy. Global stakes remain exceptionally high.

Number 10T - Global market value loss due to tariffs

Quote "I don’t understand the goddamn formula," — Ken Langone