President Donald Trump has announced a 25% tariff on all steel and aluminum imports, a move set to take effect on Monday. He emphasized that these tariffs would apply universally, including to Canada and Mexico, two of the United States’ closest allies and largest trading partners. Additionally, Trump hinted at further trade measures later in the week aimed at adjusting tariff rates to align with global standards.
Also Read: Trump Prepares to Announce New Tariffs Next Week, Aiming for Fair Trade
Vice President J.D. Vance has openly criticized federal judges for blocking several of the Trump administration’s executive actions, calling these rulings “illegal.” His statements have raised concerns about whether the administration will comply with federal court decisions. Trump also addressed a particular ruling that restricted Elon Musk’s access to Treasury Department data, stating that judges should not have the authority to make such decisions.
Meanwhile, Russell Vought, a key architect behind Trump’s plan to reshape the federal government, has ordered the shutdown of the Consumer Financial Protection Bureau headquarters for an entire week. In a directive sent to all employees, he instructed them not to perform any work tasks unless they received written approval from the agency’s chief legal officer. The union representing CFPB employees has since filed a lawsuit to challenge the order.
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