Liberation Day Tariffs
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Liberation Day Tariffs
The Liberation Day tariffs are a broad package of import duties announced by U.S. President Donald Trump on April 2, 2025—a date he called "Liberation Day". In a White House Rose Garden ceremony, Trump signed Executive Order 14257, ''Regulating Imports With a Reciprocal Tariff to Rectify Trade Practices That Contribute to Large and Persistent Annual United States Goods Trade Deficits''. This order declared a List of national emergencies in the United States, national emergency over the United States' trade deficit and invoked the International Emergency Economic Powers Act (IEEPA) to authorize sweeping tariffs on foreign imports. Trump also signed Executive Order 14256, ''Further Amendment to Duties Addressing the Synthetic Opioid Supply Chain in the People's Republic of China as Applied to Low-Value Imports'', which closed the De minimis exemption, ''de minimis'' exemption for China, further escalating the China–United States trade war. Executive Order 14257 imposed a 10% ...
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Tariffs In The Second Trump Administration
During Second presidency of Donald Trump, his second presidency, United States president Donald Trump enacted a series of steep Protective tariff, protective tariffs affecting nearly all List of imports of the United States, goods imported into the United States. From January to April 2025, the average effective US tariff rate rose from 2.5% to an estimated 27%, the highest level in over a century. Following policy rollbacks prompted by economic turmoil, the average effective tariff rate stood at 15.6% as of June 2025. Trump raised steel and aluminum tariffs to 50%, introduced a 25% tariff on imported cars, and ordered investigations into pharmaceuticals, copper, and other sectors to support future tariffs. He also invoked unprecedented powers under the International Emergency Economic Powers Act (IEEPA) to impose broad, universal tariffs affecting all imports. Although federal courts ruled this use of the IEEPA unconstitutional, the decisions were Stay of proceedings, stayed pe ...
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Stay Of Proceedings
A stay of proceedings is a ruling by the court in civil and criminal procedure that halts further legal process in a trial or other legal proceeding. The court can subsequently lift the stay and resume proceedings based on events taking place after the stay is ordered. However, a stay is sometimes used as a device to postpone proceedings indefinitely. United Kingdom In civil procedure, stays of proceedings are governed by the Civil Procedure Rules. In criminal trials, they are governed by the Prosecution of Offences Act 1985.
ss 22(4), 22A, 22B


Scope of power to order

Court have the power to stay: * the whole or part of any part of litigation before it * litigation permanently or temporarily * the proceedings pending some contingent event, such as conclusion of an appeal or a period allowed for mediation.


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Fox Business
Fox Business (officially known as Fox Business Network, or FBN) is an American conservative business news channel and website publication owned by the Fox News Media division of Fox Corporation. The channel broadcasts primarily from studios at 1211 Avenue of the Americas in Midtown Manhattan. Launched on October 15, 2007, the network features trading day coverage and a nightly lineup of opinion-based talk shows. Day-to-day operations are run by Kevin Magee, executive vice president of Fox News; Neil Cavuto was the vice president and managing editor for the network and business news operation overall. As of February 2015, Fox Business Network is available to approximately 74,224,000 pay television households (63.8% of households with television) in the United States. History News Corporation chairman Rupert Murdoch confirmed the launch at his keynote address at the 2007 McGraw-Hill Media Summit on February 8, 2007. Murdoch had publicly stated that if News Corporation's pu ...
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Kevin Hassett
Kevin Allen Hassett (born March 20, 1962) is an American economist who has been the director of the National Economic Council since 2025. He was the senior advisor and chairman of the Council of Economic Advisers from 2017 to 2019. Hassett has worked at the American Enterprise Institute, a conservative think tank. He was John McCain's chief economic adviser in the 2000 presidential primaries, as well as economic adviser to the 2004 campaign of George W. Bush and 2008 campaign of McCain. He was an economic adviser on Mitt Romney's 2012 presidential campaign. In the Trump administration, Hassett was the 29th chairman of the Council of Economic Advisers from September 2017 to June 2019. He returned to the White House in 2020 to work on the administration's response to the coronavirus pandemic. Hassett did not focus on public health policy, but rather influenced the administration's response from an economic angle amid lockdowns and social distancing. On November 26, 2024, Presi ...
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Scott Bessent
Scott Kenneth Homer Bessent ( ; born August 21, 1962) is an American government official and former hedge fund manager serving since 2025 as the 79th United States Secretary of the Treasury, United States secretary of the treasury. He was formerly a partner at Soros Fund Management (SFM) and founded Key Square Group, a global macro investment firm. Bessent graduated from Yale College in 1984. In 1991, he was hired by Soros Fund Management, eventually becoming the head of its London office. In this role, in September 1992, he was a leading member of the group that profited by $1 billion on Black Wednesday, the British Pound sterling crisis. He made another $1.2 billion profit for SFM in 2013 betting against the Japanese yen. After he left the Soros Fund in 2015, he established Key Square Group, a hedge fund. A major donor, fundraiser, and economic advisor for the Donald Trump 2024 presidential campaign, Bessent was nominated for treasury secretary by Trump in November 2024 and co ...
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World Customs Organization
The World Customs Organization (WCO) is an intergovernmental organization headquartered in Brussels, Belgium. Notable projects include its collaboration with the WTO on trade facilitation and the implementation of the SAFE Framework of Standards to secure global supply chains. The WCO works on customs-related matters including the development of international conventions, instruments, and tools on topics such as commodity classification, valuation, rules of origin, collection of customs revenue, supply chain security, international trade facilitation, customs enforcement activities, combating counterfeiting in support of intellectual property rights (IPR), Prohibition of drugs, illegal drug enforcement, combating counterfeiting of Medication, medicinal drugs, illegal weapons trading, integrity promotion, and delivering sustainable capacity building to assist with customs reforms and modernization. The WCO maintains the international Harmonized System (HS) goods nomenclature, and ...
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AP News
The Associated Press (AP) is an American not-for-profit news agency headquartered in New York City. Founded in 1846, it operates as a cooperative, unincorporated association, and produces news reports that are distributed to its members, major U.S. daily newspapers and radio and television broadcasters. Since the award was established in 1917, the AP has earned 59 Pulitzer Prizes, including 36 for photography. The AP is also known for its widely used '' AP Stylebook'', its AP polls tracking NCAA sports, sponsoring the National Football League's annual awards, and its election polls and results during US elections. By 2016, news collected by the AP was published and republished by more than 1,300 newspapers and broadcasters. The AP operates 235 news bureaus in 94 countries, and publishes in English, Spanish, and Arabic. It also operates the AP Radio Network, which provides twice hourly newscasts and daily sportscasts for broadcast and satellite radio and television station ...
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Trade Barrier
Trade barriers are government-induced restrictions on international trade. According to the comparative advantage, theory of comparative advantage, trade barriers are detrimental to the world economy and decrease overall economic efficiency. Most trade barriers work on the same principle: the imposition of some sort of cost (money, time, bureaucracy, quota) on trade that raises the price or availability of the traded product (business), products. If two or more nations repeatedly use trade barriers against each other, then a trade war results. Barriers take the form of tariffs (which impose a financial burden on imports) and non-tariff barriers to trade (which uses other overt and covert means to restrict imports and occasionally exports). In theory, free trade involves the removal of all such barriers, except perhaps those considered necessary for health or national security. In practice, however, even those countries promoting free trade heavily subsidize certain industries, such ...
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Deutsche Bank
Deutsche Bank AG (, ) is a Germany, German multinational Investment banking, investment bank and financial services company headquartered in Frankfurt, Germany, and dual-listed on the Frankfurt Stock Exchange and the New York Stock Exchange. Deutsche Bank was founded in 1870 in Berlin. From 1929 to 1937, following its merger with Disconto-Gesellschaft, it was known as ''Deutsche Bank und Disconto-Gesellschaft'' or DeDi-Bank. Other transformative acquisitions have included those of Mendelssohn & Co. in 1938, Morgan, Grenfell & Company, Morgan Grenfell in 1990, Bankers Trust in 1998, and Deutsche Postbank in 2010. As of 2018, the bank's network spanned 58 countries with a large presence in Europe, the Americas, and Asia. It is a component of the DAX stock market index and is often referred to as the List of banks in Germany, largest German banking institution, with Deutsche Bank holding the majority stake in DWS Group for combined assets of 2.2 trillion euros, rivaling even Spa ...
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World War II
World War II or the Second World War (1 September 1939 – 2 September 1945) was a World war, global conflict between two coalitions: the Allies of World War II, Allies and the Axis powers. World War II by country, Nearly all of the world's countries participated, with many nations mobilising all resources in pursuit of total war. Tanks in World War II, Tanks and Air warfare of World War II, aircraft played major roles, enabling the strategic bombing of cities and delivery of the Atomic bombings of Hiroshima and Nagasaki, first and only nuclear weapons ever used in war. World War II is the List of wars by death toll, deadliest conflict in history, causing World War II casualties, the death of 70 to 85 million people, more than half of whom were civilians. Millions died in genocides, including the Holocaust, and by massacres, starvation, and disease. After the Allied victory, Allied-occupied Germany, Germany, Allied-occupied Austria, Austria, Occupation of Japan, Japan, a ...
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List Of Auto Parts
This is a list of auto parts, which are manufactured components of automobiles. This list reflects both fossil-fueled cars (using internal combustion engine An internal combustion engine (ICE or IC engine) is a heat engine in which the combustion of a fuel occurs with an oxidizer (usually air) in a combustion chamber that is an integral part of the working fluid flow circuit. In an internal comb ...s) and electric vehicles; the list is not exhaustive. Many of these parts are also used on other motor vehicles such as trucks and buses. Car body and main parts Body components, including trim Vehicle door, Doors Windows Low voltage/auxiliary electrical system and electronics Audio/video devices Cameras Low voltage electrical supply system Gauge (instrument), Gauges and meters Ignition system Automotive lighting, Lighting and signaling system Sensors Starting system Electrical switches Wiring harnesses Miscellaneous ...
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Mexico
Mexico, officially the United Mexican States, is a country in North America. It is the northernmost country in Latin America, and borders the United States to the north, and Guatemala and Belize to the southeast; while having maritime boundary, maritime boundaries with the Pacific Ocean to the west, the Caribbean Sea to the southeast, and the Gulf of Mexico to the east. Mexico covers 1,972,550 km2 (761,610 sq mi), and is the List of countries by area, thirteenth-largest country in the world by land area. With a population exceeding 130 million, Mexico is the List of countries by population, tenth-most populous country in the world and is home to the Hispanophone#Countries, largest number of native Spanish speakers. Mexico City is the capital and List of cities in Mexico, largest city, which ranks among the List of cities by population, most populous metropolitan areas in the world. Human presence in Mexico dates back to at least 8,000 BC. Mesoamerica, considered a cradle ...
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