Tag: Iran Negotiations

Court Ruling Leads to $100 Billion Refund of Trump-Era Tariffs.

The US government has issued refunds amounting to approximately $100 billion in tariffs, which were initially collected under President Donald Trump's trade policies known as "Liberation Day" measures. This reimbursement follows a Supreme Court decision that deemed a significant portion of these tariffs unlawful. The refunded sum represents about 60% of the $165 billion that had been collected prior to the court's ruling. These tariffs,...

California Boosts Minimum Wage to Historic $17.40, Impacting Businesses

Starting January 1, California's minimum wage will rise to $17.40 per hour, setting a new record for the highest statewide minimum wage in the nation. Governor Gavin Newsom announced the increase, emphasizing its role in aiding workers to better manage the substantial cost of living in the state. In his announcement, Newsom took the opportunity to criticize the Trump administration and Republican leaders for their...
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