Stock futures surged following a U.S. Court of International Trade ruling that suspended most tariffs imposed by the Trump administration, declaring President Trump’s 10% tariff on various trading partners unlawful. The court’s decision, which also blocked duties on China, Mexico, and Canada, prompted significant gains in stock futures, with the S&P 500 rising 1.1% and international markets responding positively. The Trump administration plans to appeal the ruling, which could impact economic risks and inflation if the appeal is unsuccessful.
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Trump to require universities to hand over admissions data on race
President Donald Trump is set to sign a directive requiring universities to submit admissions data to demonstrate compliance with non-affirmative action policies, following recent settlements with Ivy League schools mandating the disclosure of applicant race. This directive follows the Supreme Court's ruling against affirmative action, which has sparked significant debate over academic freedom and diversity in education. Want More Context? 🔎
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