USDA confirmed a second New World screwworm detection in Zavala County, Texas, 5.6 miles from the first case. Canada responded with temporary livestock and horse import restrictions for animals tied to Texas within 21 days, adding a trade-control shock to a tight U.S. cattle market.
#trade
RSS FeedPresident Trump issued a July 4 ultimatum for the EU to ratify the Turnberry trade agreement, threatening to raise tariffs to 'much higher' levels if Brussels misses the U.S. 250th birthday deadline. The EU Commission affirmed its commitment but acknowledged talks are incomplete. On the same day, a U.S. trade court ruled Trump's 10% global tariff unlawful — the second judicial rebuke of administration trade overreach this year.
The U.S. Court of International Trade ruled on May 7 that Trump's 10% across-the-board import tariffs exceed presidential authority under the 1977 IEEPA. The decision injects legal uncertainty into the administration's tariff regime but does not automatically suspend collection while appeals proceed.
A high-signal r/gamernews post highlights Aftermath reporting that Nintendo of America sued over U.S. tariffs and is seeking refunds with interest. The case matters because tariff volatility already affected Nintendo Switch 2 preorder timing and accessory pricing.