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Trump admin not waiting, will reinstate tariffs despite Supreme Court setback

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Trump admin not waiting, will reinstate tariffs despite Supreme Court setback

The Trump administration isn’t letting a Supreme Court setback derail its tariff strategy. The nation’s top trade official says the White House won’t wait on Congress to restore the program.

In a 6-3 ruling last week, the high court struck down President Donald Trump’s global tariff authority under the International Emergency Economic Powers Act (IEEPA). Democrats lauded the Supreme Court’s ruling as a victory, arguing tariffs raise prices for everyday Americans.

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But U.S. Trade Representative Jamieson Greer said while he’s “disappointed,” it’s not the end of tariffs, adding that he doesn’t plan on waiting for Congress to reestablish the program. He noted that while some members of Congress have offered to work with the White House, the administration has other strategies.

U.S. Trade Representative Jamieson Greer testifies on Capitol Hill.

U.S. Trade Representative Jamieson Greer testifies before the Commerce, Justice, Science, and Related Agencies Subcommittee in the Dirksen Senate Office Building on Capitol Hill in Washington, D.C., on Dec. 9, 2025. (Chip Somodevilla/Getty Images / Getty Images)

“I have had individual members of Congress come to me and express interest in that, and I’m happy to continue having those conversations,” Greer said on the “Fox News Rundown” podcast.

“But I’m not [going to] wait for that to reestablish the president’s tariff program,” he added.

US TRADE REPRESENTATIVE GREER SAYS TARIFFS WILL GO UP TO 15% OR HIGHER FOR SOME COUNTRIES

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Greer said the Trump administration is “very confident” that the program could be back up within months. He confirmed they are pivoting to existing authorities, like Section 301 and Section 232, to launch investigations targeting unfair trade practices and national security threats.

Trump and Jamieson Greer speak aboard Air Force One.

President Donald Trump and U.S. Trade Representative Jamieson Greer speak to members of the media aboard Air Force One on Oct. 30, 2025. (Andrew Harnik/Getty Images / Getty Images)

“We are very confident that within the next few months we can reestablish through these investigations, tariffs to deal with the challenges that have been identified by the president,” Greer told FOX News Audio White House correspondent Jared Halpern.

HOCHUL DEMANDS $13.5B REFUND FOR NEW YORKERS AFTER SUPREME COURT STRIKES DOWN TRUMP TARIFFS

During Tuesday’s State of the Union address, Trump criticized the Supreme Court’s ruling, calling it “very unfortunate” and saying the program brought in revenue for the country.

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President Trump speaks during White House press briefing.

President Donald Trump answers questions during a press briefing at the White House in Washington, D.C., on Feb. 20. The Supreme Court ruled the same day against his use of emergency powers to implement certain international trade tariffs. (Getty Images)

Greer confirmed that no foreign countries have called the United States to renege on trade deals yet, only asking for clarity.

SELF-DEFENSE COMPANY FINDS MAJOR BENEFITS AFTER MOVING MANUFACTURING FROM OVERSEAS TO US

“It’s not really in the interest of these countries to renege on the deal because then their auto tariffs go up, all these other things. So, I’d say they’ve been very constructive conversations,” Greer said.

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Tariffs have become a signature aspect of the second Trump administration. In 2025, the president declared the country’s trade deficit a “national emergency,” arguing the IEEPA gave him broad tariff authority.

In response to the Supreme Court ruling, the president wrote on Truth Social that he would raise a global tariff rate to 15%.

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Bank of Montreal Profit Rises With Lift in Revenue, Drop in Credit-Loss Provision

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Bank of Montreal Profit Rises With Lift in Revenue, Drop in Credit-Loss Provision

Bank of Montreal BMO 3.82%increase; green up pointing triangle logged a stronger-than-expected rise in earnings for the latest quarter on the back of strong fee growth in its markets-facing businesses and revenue growth in its Canadian-banking, wealth-management and capital-markets operations.

The Canadian bank’s net income rose to 2.49 billion Canadian dollars (US$1.82 billion), or C$3.39 a share, for the fiscal first quarter against C$2.14 billion, or C$2.83, a year earlier. On an adjusted basis used by the lender to reflect its underlying business performance, Bank of Montreal reported earnings of C$3.48 a share for the three months to Jan. 31, an increase of 14% on last year to beat the C$3.21 consensus forecast of analysts polled by FactSet.

Copyright ©2026 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

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ITT Inc. (ITT) Presents at 36th Annual Pump, Valve, and Water Systems Symposium – Slideshow

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OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript

ITT Inc. (ITT) Presents at 36th Annual Pump, Valve, and Water Systems Symposium – Slideshow

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Credo Q3 Preview: Asymmetry Is The Art Of Alpha (NASDAQ:CRDO)

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Credo Q3 Preview: Asymmetry Is The Art Of Alpha (NASDAQ:CRDO)

This article was written by

Oliver Rodzianko is the Director of Invictus Origin, managing a high-alpha portfolio strategy outperforming the Nasdaq-100 through rotation with disciplined cash deployment during market dislocations.

Analyst’s Disclosure: I/we have a beneficial long position in the shares of AMD, MRVL either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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Mandelson referred to EU anti-fraud agency over Epstein emails

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Mandelson referred to EU anti-fraud agency over Epstein emails

The European Commission says it is assessing whether the peer breached its code of conduct while its trade envoy.

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(VIDEO) What to Expect from Bill and Hillary Clinton’s Depositions in Jeffrey Epstein Probe

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Australian Army Ranks 17th Globally in 2026 Military Power Index,

Former Secretary of State Hillary Clinton began her closed-door deposition Thursday before the Republican-led House Oversight Committee as part of a congressional investigation into the late financier and convicted sex offender Jeffrey Epstein, marking a high-profile moment in the ongoing probe into his network of influence and alleged crimes.

Former US president Bill Clinton, 75, was released from a hospital outside Los Angeles after spending five nights there being treated for an infection
Former US president Bill Clinton

The testimony, held at the Chappaqua Performing Arts Center near the Clintons’ home in this quiet New York suburb, started around 11 a.m. EST. Former President Bill Clinton is scheduled to follow with his own deposition Friday at the same location. The back-to-back sessions come after months of negotiations and legal wrangling, with the couple agreeing to testify to avoid potential contempt-of-Congress charges following subpoenas from committee Chair James Comer, R-Ky.

Hillary Clinton shared an opening statement on X shortly before the session began, emphasizing her commitment to transparency while decrying the probe as politically motivated. “I have always cooperated with legitimate inquiries, and I will do so today,” she wrote. “But let’s be clear: This is a partisan exercise designed to distract from real issues facing Americans.”

The depositions represent a rare instance of a former president and first lady being compelled to testify under oath before Congress, with Bill Clinton’s appearance noted as the first time a former commander in chief has faced such scrutiny in this manner. The committee’s investigation, launched in early 2025 under the new Republican majority, focuses on the federal government’s handling of Epstein’s cases, potential ethics violations by public officials, and the roles of high-profile figures connected to the disgraced billionaire.

Epstein, who died by suicide in a Manhattan jail cell in 2019 while awaiting trial on sex-trafficking charges, had extensive ties to powerful individuals across politics, business and entertainment. Court documents unsealed in recent years, including flight logs from his private jet dubbed the “Lolita Express,” revealed Bill Clinton traveled on the plane multiple times between 2002 and 2003. The former president has acknowledged the flights but denied any knowledge of Epstein’s criminal activities, stating they were for philanthropic work related to his foundation.

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Hillary Clinton’s connections to Epstein appear more tangential, primarily through her husband’s associations and shared social circles. She has repeatedly distanced herself, noting in past statements that she never met Epstein personally. However, Republicans on the committee have pointed to emails and other records suggesting indirect links, including discussions about potential donations or events involving Epstein’s associates like Ghislaine Maxwell, Epstein’s convicted accomplice who is serving a 20-year sentence.

Committee spokesperson Charlotte McCullough said the depositions aim to “uncover the full extent of Epstein’s enablers and any failures in accountability.” Democrats, including ranking member Jamie Raskin, D-Md., have dismissed the probe as a “witch hunt” revived under the Trump administration to target political opponents. President Donald Trump’s recent comments on Truth Social amplified the partisan divide, calling the Clintons’ testimony “long overdue justice for Epstein’s victims.”

As Hillary Clinton’s session got underway Thursday, sources familiar with the proceedings, speaking on condition of anonymity because the deposition is closed to the public, indicated questions would likely center on her time as secretary of state from 2009 to 2013. Investigators may probe whether any State Department resources or decisions intersected with Epstein’s activities, including visa issues for his associates or intelligence reports on his operations. Ethics concerns could extend to post-administration dealings through the Clinton Foundation, which received donations from Epstein-linked entities in the early 2000s.

Experts anticipate a combative atmosphere, with Hillary Clinton’s legal team, including prominent attorney David Kendall, prepared to object to questions deemed irrelevant or privileged. “She’s a seasoned witness from Benghazi hearings and email probes,” said legal analyst Barbara McQuade, a former U.S. attorney. “Expect her to be direct but cautious, sticking to facts while challenging the premise of many questions.”

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Bill Clinton’s Friday deposition is expected to delve deeper into his personal interactions with Epstein. Flight records show at least 26 trips, including to Africa, Europe and Asia for foundation work. In a 2019 statement, Clinton said he cut ties with Epstein after his 2008 conviction in Florida for soliciting prostitution from a minor. However, newly released documents from Maxwell’s trial and Epstein’s estate have raised questions about continued contacts, including a 2011 dinner in New York.

What to expect from Bill Clinton’s testimony? Analysts predict intense scrutiny on specifics: Did he witness any illegal activity? Were there discussions about Epstein’s plea deal or leniency? Republicans may press on alleged “pay-to-play” schemes, while Democrats argue the focus distracts from broader systemic failures in prosecuting Epstein.

The probe has already featured depositions from other figures, including former Epstein employees and associates like Maxwell’s siblings. In January, the committee released interim findings criticizing the Justice Department’s 2008 non-prosecution agreement with Epstein as overly lenient, potentially influenced by his connections. Comer has vowed to pursue “all avenues,” including possible referrals for perjury if testimony contradicts records.

Public reaction has been polarized. Epstein victim advocates, such as attorney Lisa Bloom, welcomed the Clintons’ appearances. “Anyone with information should come forward,” Bloom said. “This isn’t about politics; it’s about justice for survivors.” Conversely, Clinton allies like former adviser Philippe Reines blasted the sessions as “theatrics,” noting the Clintons have cooperated with prior investigations, including the FBI’s Epstein probe.

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The timing aligns with broader political dynamics under the second Trump administration. With Trump back in the White House since January 2025, his Justice Department has reopened aspects of the Epstein case, including reviews of sealed grand jury materials. Trump’s attorney general has prioritized “draining the swamp,” a phrase echoing his 2016 campaign rhetoric against the Clintons.

Security around Chappaqua was heightened Thursday, with local police and Secret Service agents cordoning off the arts center. A small group of protesters gathered outside, some holding signs reading “Lock Them Up” — a chant from Trump’s 2016 rallies — while others supported the Clintons with messages like “End the Witch Hunt.”

Transcripts of the depositions are expected to be released in redacted form within weeks, potentially fueling further congressional hearings or media scrutiny. If inconsistencies emerge, they could lead to additional subpoenas or even criminal referrals, though legal experts doubt prosecution given the statute of limitations on many Epstein-related matters.

For the Clintons, now in their late 70s, the depositions cap a decade of legal battles, from Hillary’s 2016 email server investigation to Bill’s impeachment-era scandals. Both have largely retreated from public life, focusing on philanthropy and family, but this probe pulls them back into the spotlight.

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As the nation watches, the sessions underscore enduring questions about power, privilege and accountability in Epstein’s web. Whether they yield new revelations or reinforce partisan divides remains to be seen, but they signal the investigation is far from over.

Updates as of 11:30 a.m. EST: Sources indicate Hillary Clinton’s deposition is proceeding without major interruptions, with questions focusing initially on foundation finances. Bill Clinton’s team has not commented on preparations for Friday.

The House Oversight Committee plans a press briefing post-depositions, where Comer is expected to outline next steps. In the meantime, Epstein survivors continue advocating for a federal compensation fund, separate from the congressional probe.

This story will be updated as more details emerge.

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Oppenheimer raises Frontdoor stock price target on strong renewals

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Oppenheimer raises Frontdoor stock price target on strong renewals

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Form 13F Alpine Global Management For: 26 February

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Form 13F Alpine Global Management For: 26 February

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McCurdy, Beacon Financial Corp chief banking officer, sells $538k in shares

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McCurdy, Beacon Financial Corp chief banking officer, sells $538k in shares

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Great Value cottage cheese recalled across 24 states at Walmart locations

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Great Value cottage cheese recalled across 24 states at Walmart locations

Certain cottage cheese products are being recalled at Walmart stores in 24 states over the possibility of liquid dairy ingredients not being fully pasteurized up to regulatory standards.

Saputo Cheese USA Inc. discovered the issue during a “pasteurizer troubleshooting exercise” conducted with the California Department of Food and Agriculture, the U.S. Food and Drug Administration (FDA) announced Wednesday.

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The recall affects Great Value-branded cottage cheese sold in white tubs with white lids.

The products were distributed between Feb. 17 and Feb. 20 to Walmart stores and distribution centers in Alaska, Alabama, Arkansas, Arizona, California, Colorado, Georgia, Iowa, Idaho, Illinois, Kansas, Kentucky, Louisiana, Missouri, Mississippi, Montana, New Mexico, Nevada, Oregon, Texas, Tennessee, Utah, Washington and Wyoming.

LIFE-THREATENING LISTERIA RISK PROMPTS MASSIVE FROZEN BLUEBERRY RECALL ACROSS MULTIPLE STATES

Great Value labeled Cottage Cheese

Saputo Cheese USA Inc. produced cottage cheese is being recalled over potential health risks regarding pasteurization. (U.S. Food and Drug Administration)

Although no illnesses have been reported, improperly pasteurized dairy can pose serious health risks, particularly for young children, older adults and people with weakened immune systems, the FDA said.

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Great Value labeled Cottage Cheese

The recalled items were distributed between Feb. 17 and Feb. 20 to Walmart stores and distribution centers. (U.S. Food and Drug Administration)

MORE THAN 191,000 AROEVE AIR PURIFIERS RECALLED OVER OVERHEATING, FIRE RISK

The affected pasteurizer has since been repaired, verified and sealed by California food safety officials. No other products from the facility were impacted.

Walmart sign hangs on the exterior of the store

The products were recalled from Walmart stores and distribution centers in 24 states, the FDA said. (Joe Raedle/Getty Images, File / Getty Images)

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Consumers who purchased the recalled items are advised not to consume them.

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Lee Enterprises sets 2026 annual meeting for April, updates shareholder proposal deadline

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Lee Enterprises sets 2026 annual meeting for April, updates shareholder proposal deadline

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