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Markets Turn Gloomier: US Stock Futures Slide as Tariff Concerns Sap Confidence (Bloomberg)
US stock futures slid as Donald Trump’s administration insisted it has multiple alternatives to push through his import tariffs, and an appeals court temporarily paused a suspension of the levies. A stopgap plan being considered may impose tariffs as high as 15% for 150 days, the Wall Street Journal reported.
How to Fight a Bully: Trump's Attacks on Law Firms Are Losing Big in Court (Axios)
Only a few law firms chose to fight President Trump's threats in court — but those decisions are paying off.
A federal judge Wednesday blocked Trump's executive order targeting the firm WilmerHale over its relationship with former Special Counsel Robert Mueller.
Trump is now 0-3 in suits involving the handful of firms that opted to defend themselves in court after Trump targeted them with executive orders that threatened to cripple their businesses. Judges previously ruled against Trump's efforts to punish Perkins Coie and Jenner & Block for their past work, and a fourth case is still awaiting a ruling.
Among the major law firms that capitulated, Paul, Weiss lost four of its most powerful senior partners last week who now plan to start their own firm.
Harvard Update: Judge Expands Block on Trump's Bid to Boot Foreign Students (Bloomberg)
Do What I Say: Harvard Fight Makes Trump Doctrine Plain: Obey (New York Times)
In President Trump’s telling from the Oval Office on Wednesday, Harvard University has no one but itself to blame for his administration’s swift suffocation of its federal funding.
The “last thing” he wants to do is harm the storied jewel of American higher education, he said. But he had no choice. The university was fighting back.
In the president’s view, there is only one right way for the universities to respond. That’s the approach taken by Columbia University, which has been more willing to agree to some of the government’s demands.
While Columbia is no longer on “the hot seat,” Mr. Trump said on Wednesday, “Harvard wants to fight, they want to show how smart they are, and they’re getting their ass kicked.”
Silencing the Airwaves: Trump Administration Terminates Nearly 600 Voice of America Employees (Politico)
Nearly 600 contractors for the government-funded but editorially independent Voice of America received termination notices Thursday from its parent company, U.S. Agency for Global Media.
Voice of America was founded more than 80 years ago to battle disinformation from Nazi Germany and the other Axis powers during World War II. Republicans have long decried VOA as holding anti-Trump bias.
Over 50 people affected by the layoffs are J-1 visa-holders and will likely be forced to leave the country within 30 days of their contracts’ May 30 termination. Those people face an uncertain return to their home countries, where they face possible arrest or worse because of their reporting for VOA.
Fresh Air: France to Ban Smoking Outdoors in Most Places (France 24)
The restrictions begin July 1 and will include all places where children could be, such as beaches, parks, public gardens, outside of schools, bus stops and sports venues. Some 75,000 people are estimated to die from tobacco-related complications each year in France. Violators of the new rules could be fined up to 135 Euros ($154).
Let's Go Knicks! Brunson, Towns Keep New York Alive to Force Game 6 Against Indiana Pacers (ESPN)
Game 6 of the Knicks-Pacers will be in Indianapolis on Saturday. The winner of the Knicks-Pacers series will face off with Oklahoma City Thunder in the NBA finals.
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