Trump asks Supreme Court to take up tariffs appeal

U.S. President Donald Trump gestures during a cabinet meeting at the White House in Washington, D.C., U.S., August 26, 2025. Jonathan Ernst | Reuters President Donald Trump’s administration on Wednesday appealed to the Supreme Court a federal court ruling that said that most of his country-specific tariffs are illegal, setting up a legal clash that…

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Asia-Pacific markets: Nikkei 225, bonds, Treasurys

The Exchange Centre, which houses the Australian Securities Exchange (ASX), in Sydney, Australia, on Tuesday, Aug. 12, 2025. The S&P/ASX 200 index extended gains to 0.3% after the central bank cut the key cash rate by 25 basis points, a move widely expected by economists and markets. Photographer: Lisa Maree Williams/Bloomberg via Getty Images Bloomberg |…

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