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Friday, October 30

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Trade court battle over Trump’s new tariffs: Key takeaways

Marathon arguments over President Trump’s 10 percent global tariff left judges toiling over the meaning of a 1974 trade law on Friday. 

The U.S. Court of International Trade in New York heard arguments in a challenge by small businesses and blue states to Trump’s new tariffs, which he imposed after the Supreme Court declared his previous ones illegal based on his use of emergency powers to impose the global duties.

 

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CATCH UP QUICK

  • Sotomayor: Supreme Court emergency docket appeals by Trump ‘unprecedented’

     

  • Iran says no negotiations without Lebanon ceasefire, release of assets

 

NEWS THIS AFTERNOON

© Greg Nash

Bessent summons bank executives over Anthropic cyber risk 

Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell brought together a group of bank executives this week to discuss cybersecurity concerns in the wake of Anthropic’s new Mythos model, multiple people familiar with the meeting told The Hill. 

 

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Live updates: Iran sets new terms as Vance heads to peace talks; Harris addresses 2028 

Vice President Vance heads to Pakistan on Friday, where he faces his biggest challenge yet, as he leads U.S. negotiations with Iran amid the fragile ceasefire. President Trump’s son-in-law Jared Kushner and special envoy Steve Witkoff will also be part of the talks.

 

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Stephanie Grisham on Trump knowing nothing about first lady’s Epstein statement: ‘I called BS’ 

Former White House press secretary Stephanie Grisham was skeptical Thursday about President Trump’s statement he was unaware of what first lady Melania Trump was going to say at her White House press event, in which she denied any relationship with convicted sex offender Jeffrey Epstein.

 

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Trump says military is ‘loading up the ships’ if peace talks with Iran go south in Pakistan 

President Trump said Friday that he is ready to use the U.S. military to resume strikes on Iran if peace talks in Pakistan are not successful.

 

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IN OTHER NEWS

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Starmer says he’s ‘fed up’ with actions of Trump, Putin hitting UK energy bills 

British Prime Minister Keir Starmer said he is “fed up” with how the U.S.-Israeli military operation in Iran has impacted energy prices in the United Kingdom, drawing a parallel between President Trump and Russian President Vladimir Putin. 

 

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Wisconsin mayor who removed ballot drop boxes won’t face charges 

A Wisconsin mayor who removed an absentee ballot drop box from city hall ahead of the 2024 presidential election will not face charges, a special prosecutor said Wednesday.

 

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Bolton: Iran ‘senses weakness,’ is going to ‘push and push’ 

Former national security adviser John Bolton on Thursday said Iran’s government “senses weakness” and will “push and push” President Trump until the Middle Eastern country is able to get concessions from him.

 

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Confusion surrounds Trump effort to pay TSA, DHS; some could see last paycheck Friday 

The Department of Homeland Security (DHS) is warning its employees that Friday’s paycheck could be their last until Congress acts to fund the department and end the record-long partial shutdown — but questions remain over whether that warning extends to Transportation Security Administration (TSA) workers.

 

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