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1 h

Tariffs Overturned: What Happens To The $200 Billion Already Collected?
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Tariffs Overturned: What Happens To The $200 Billion Already Collected?

The Supreme Court delivered a long-awaited decision on Friday, striking down President Trump’s sweeping International Emergency Economic Powers Act (IEEPA) tariffs. But while the court ruled on the legality of the tariffs themselves, it did not address whether the United States must refund more than $200 billion in revenue already collected. “The court’s decision is likely to generate other serious practical consequences in the near term. One issue will be refunds,” dissenting Supreme Court Justice Brett Kavanaugh wrote. “Refunds of billions of dollars would have significant consequences for the U.S. Treasury.” Ruling only on the narrow legal question before them, the court did not establish a framework for refunds. Such a framework will likely be established by lower courts, particularly the United States Court of International Trade, which ruled against Trump’s tariff decision. In response to the Supreme Court decision, President Trump said, “They take months and months to write an opinion, and they don’t even discuss that point. We’ve taken in hundreds of billions of dollars … wouldn’t you think they’d put one sentence in there saying keep the money or don’t keep the money?” If refunds are ultimately required, the United States Treasury would be tasked with reimbursing importers for the levies they incurred — a process Kavanaugh deemed a “mess,” as refunds could be required to be issued to foreign nations, consumers, and manufacturers depending on court outcomes. The president of the Committee for a Responsible Federal Budget, Maya MacGuineas, said that with the federal deficit in mind, the ruling was very bad news: “With today’s Supreme Court ruling affirming the illegality of President Trump’s emergency tariffs, the country will now be about $2 trillion deeper in the hole. With the national debt already the size of the entire U.S. economy and interest on the debt costing more than $1 trillion this year, this is very bad news. Congress should work quickly to fill that hole.” She added, “We are in a dismal fiscal situation, and it just got worse.” Treasury Secretary Scott Bessent said the $200 billion in tariff revenue could be used to shrink the $2 trillion deficit and pay down the $36 trillion debt. Beyond budgetary concerns, the ruling could impact Trump’s broader use of tariffs as a foreign policy tool during negotiations. In February, he threatened to impose tariffs on countries that do business with Iran, citing the country’s repression of protesters, support for proxy terrorist groups, and continued pursuit of nuclear capabilities. In May, the president warned China that tariffs would increase if the country continued not to ship rare earth minerals to the United States — materials used in products ranging from household appliances and automobiles to semiconductors for artificial intelligence chips. In addition to bringing back jobs and supply chains to the United States, Trump argues he needs tariffs to address a national security concern: the hollowing out of the manufacturing base. In an executive order signed on Liberation Day, Trump explained that the inability to scale advanced manufacturing undermines “critical supply chains; and rendered our defense-industrial base dependent on foreign adversaries.” At a White House press conference on Friday, the president confirmed he will continue issuing tariffs under authorities granted to him through Section 232, rather than relying on the broader emergency powers provided under the International Emergency Economic Powers Act (IEEPA).
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1 h

Hollywood Heads South: Music City’s Faith-Based Film Boom
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Hollywood Heads South: Music City’s Faith-Based Film Boom

Lights! Camera! How-dee! The city of Los Angeles is losing film and TV productions at an alarming rate. That opens up new opportunities for cities to prove that La La Land can hunker down just about anywhere. Take Nashville, for instance. Other non-L.A. destinations have made their mark as production hubs — think Atlanta, Georgia, and Toronto. Now, it may be Nashville’s turn in the spotlight. The Tennessee locale is known as a country music Mecca. More recently, it’s welcomed a growing group of filmmakers who clamor for its talented locals, rich cultural history and, yes, a lower price tag than the City of Angels. Think “9-1-1: Nashville,” Showtime’s “George & Tammy,” Nicole Kidman’s “Holland” and the upcoming “Scarpetta” (Prime Video), Netflix’s “Ruth & Boaz,” and a film opening Feb. 20, “I Can Only Imagine 2.” Nashville 911. Ryan Murphy Television. User Error Productions. 20th Television. The sequel to the sleeper 2018 hit revisits how MercyMe became a Christian music sensation, and the struggles lead singer Bart Millard (John Michael Finley) had following his breakthrough hit. Co-director Andrew Erwin, a pioneer in the faith-based film space, tells The Daily Wire why he tackled the sequel. “It’s the movie that you didn’t know you needed,” he says. The first film appeared to wrap Bart Millard’s story up, but the singer and his fellow musician Tim Timmons — played by Milo Ventimiglia in the film — suffered subsequent tragedies that made a follow-up film make sense. Jake Giles Netter/copyright 2026 Lionsgate And Nashville has proven to be particularly welcoming to Christian artists. That wasn’t the case back in Los Angeles, Erwin said. “There’s a group of us that started doing faith stories 15, 20 years ago, and we were all struggling to get our feet under us,” Erwin says. “We could literally end any dinner party in L.A. by saying we were faith film guys. They would instantly get a fake phone call and walk out of the meeting.” Entertainment culture started to swing in their spiritual direction. “Something has shifted in the past 10 years, particularly in the last five … there has been an appetite for hope. Stories of faith were considered cheesy. Now, they’re counter-culture, rebellious. It’s kind of punk rock.” Jason Kempin/Getty Images What better place than Music City to sing from their storytelling hymnals? “There’s been a real freedom here,” says Erwin, who even bumps into fellow filmmakers at church. “You don’t have to apologize for us being able to do things that we believe.” “For whatever reason, a group of actors and writers and directors and producers are all finding (Nashville),” he continues. “I can’t give a reason why … we just feel like we’re supposed to be here.” “I Can Only Imagine 2” filmed exclusively in Nashville, save a critical sequence shot at Colorado’s Red Rocks Amphitheater. The veteran filmmaker was initially hesitant to lean so heavily on Nashville, but the film’s team assuaged those fears. “We had been worried if the crews were strong enough … it was the best crew I ever had … the most cheerful, the most team-oriented, the least amount of divas, blue collar, everything you aspire to,” he says. He still wants the state to beef up its incentive programs to grow that crew base and keep it steadily employed. Nashville has an Oscar-winning benefactor on its side: Kidman is eager to make movies closer to her Tennessee home.  Courtesy of Prime/Courtesy of Prime – copyright Amazon Content Services LLC Plus, newer studio space is helping smooth this transition. Recent Nashville-area additions include Vu Studios in West Nashville, Worldwide Stages in Spring Hill, and Skyway Studios. Erick Goss, CEO of the Christian streaming platform Minno, says Nashville has a cultural advantage. “People recognize there’s a real creative community here in Nashville [already] with Christian and country music, a real appreciation of the arts,” says Goss, who established his kid-focused company in the city seven years ago. “It’s not like institutions have moved here, but talent has moved here,” Goss says. “It’s different than Seattle or L.A. There’s a real sense of pride and civic nature here … people love what Nashville stands for and want to be a part of it.” Some pieces of the Hollywood-like puzzle are still missing, he says. “There are really world-class storytellers here in Nashville. They don’t necessarily have access to capital in the way they need,” he says. Goss brings a wealth of experience to Minno, including time spent at Amazon and in the U.S. Military. He praises Nashville as having the “highest caliber” of talent he’s seen. What’s missing? Major tech companies that can complement the city’s blossoming production. Terry Wyatt/Getty Images for Lionsgate “What company will aggregate and bring that talent together?” he asks. “We need more talented operators coming into the systems, creating companies that execute really well,” he says, noting that Erwin’s “I Can Only Imagine 2” arrives courtesy of his partnership with Lionsgate, an established film studio. The key to creating the next L.A.-style production hub is simple, Goss says. “Get the best projects, the best people, and the best money together. That’s happening. We’re beginning to see these things coalesce [in Nashville],” he says. Erwin says it helps to believe in both the city and a Higher Power. “There’s an emboldening that happens when you realize you’re not alone. I can really stay true to the stories I’ve felt called to tell and not have to apologize for it because there are a lot of others who believe what I believe,” Erwin says. “It’s been amazing to see people of faith just find Nashville.”
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1 h

‘Never Forgotten’: Trump Provides $10M To Devastated East Palestine Community ‘Betrayed’ By Biden
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‘Never Forgotten’: Trump Provides $10M To Devastated East Palestine Community ‘Betrayed’ By Biden

President Donald Trump announced on Thursday night that his administration would provide $10 million in economic assistance to the East Palestine, Ohio, community as it continues to recover from the disastrous train derailment and chemical spill in 2023. Trump vowed to “never” forget about the Americans affected by the derailment and blasted former President Joe Biden, saying he “betrayed” the residents of East Palestine. Trump’s move on Thursday came just after the third anniversary of the disaster, which forced some residents of the small Ohio community to leave their homes for months after toxic chemicals leaked into the ground and air. “To the Great People of East Palestine, Ohio, who were disgracefully betrayed and forgotten about by Crooked Joe Biden — ‘TRUMP’ has never forgotten about you, and never will!” he wrote on Truth Social. “In addition to our Administration’s Longterm Health Study for the benefit of the residents, we are providing $10 Million Dollars through the Economic Development Administration to help the Community continue its Economic Recovery from the disastrous train derailment.” The Economic Development Administration, which is part of the Commerce Department, focuses on investing in communities throughout the United States to “establish a foundation for long-term job growth and build durable regional economies.” The Daily Wire reached out to the Economic Development Administration for more information on Trump’s plan to pump $10 million into East Palestine’s local economy. Trump added on Thursday, “We want to see East Palestine grow, flourish, and be able to take advantage of our now BOOMING Economy. It was horrible what was allowed to happen there, and we are with you for the LONG HAUL.” The February 3, 2023, derailment spilled toxic and combustible chemicals, such as vinyl chloride, into the ground and water, and authorities conducted a controlled burn of the train cars carrying vinyl chloride to prevent a potentially massive explosion. The controlled burn released more chemicals into the air, and authorities in East Palestine and the surrounding areas advised residents to remain indoors. The train disaster exacerbated an already growing economic problem in East Palestine, which was struggling to retain businesses amid a declining population. East Palestine’s population shrank from over 5,500 in the 1970s to around 4,700 at the 2020 census. “There are a lot of businesses who have left our town, and we are in need of financial recovery and economic recovery,” Chris Page, the president of the East Palestine Community Improvement Corporation, said earlier this month. Trump visited East Palestine shortly after the train derailment in February 2023, handing out water bottles and talking with citizens who were concerned about the future of their community. Trump’s visit to the small Ohio village drew a sharp contrast with then-President Joe Biden, who did not visit East Palestine until a year after the disaster. “In too many cases, your goodness and perseverance were met with indifference and betrayal,” Trump said at the time. Along with the health and economic consequences of the disaster, some East Palestine residents also alleged in a lawsuit filed last year that the toxic chemical spill and burn-off led to the deaths of seven people, including a 1-week-old infant. The wrongful death lawsuit, which was filed against the Norfolk Southern railroad company, claims that contractors hired by the railroad company did not effectively clean up the toxic chemical waste and also alleges that the Environmental Protection Agency and the Centers for Disease Control and Prevention failed to properly warn residents about the health risks. Norfolk Southern previously settled a class-action lawsuit with many East Palestine residents for a total of $600 million. In that settlement, residents within a 2-mile radius of the derailment received up to $70,000 for property damage and up to $25,000 for personal injuries. The plaintiffs in the wrongful death lawsuit, however, did not sign onto the class-action case that was settled.
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1 h

Healthcare Experts Warn Trump’s Drug Pricing Plan Could Backfire Despite Good Intentions
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Healthcare Experts Warn Trump’s Drug Pricing Plan Could Backfire Despite Good Intentions

'They could stop making it worse — that would be a nice change'
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1 h

Trump Slaps World With New Tariff After Supreme Court Loss
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Trump Slaps World With New Tariff After Supreme Court Loss

Trump announced a 10% tariff on all imports
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1 h

Town At Center Of American Founding Votes To Keep Pledge Of Allegiance Out Of Planning Meetings
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Town At Center Of American Founding Votes To Keep Pledge Of Allegiance Out Of Planning Meetings

'Unnecessary'
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1 h

Hungarian PM Viktor Orbán Officially Declares Five Guys World’s ‘Best Hamburger’
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Hungarian PM Viktor Orbán Officially Declares Five Guys World’s ‘Best Hamburger’

'A Legjobb Hamburger'
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The Lighter Side
The Lighter Side
1 h

‘Astonishing” New Scimitar-Shaped Crested Dinosaur Discovered in Sahara Desert: ‘You might uncover a lost world’
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‘Astonishing” New Scimitar-Shaped Crested Dinosaur Discovered in Sahara Desert: ‘You might uncover a lost world’

Scientists called “astonishing” the first indisputable evidence of a new species of Spinosaurus found in over a century—uncovered in a remote area of the Sahara Desert. The newly discovered scimitar-crested dinosaur was described as a “hell heron” that fed on fish despite living hundreds of miles from the sea. Paleontologists say it appears to have […] The post ‘Astonishing” New Scimitar-Shaped Crested Dinosaur Discovered in Sahara Desert: ‘You might uncover a lost world’ appeared first on Good News Network.
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1 h

Cracking Down on China’s Trade Cheating the Right Way
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Cracking Down on China’s Trade Cheating the Right Way

As a longtime advocate for free enterprise, economic growth, and policies that put American workers and small businesses first, I’ve cheered President Donald Trump’s decisive crackdown on trade abuses that have flooded our markets with cheap, often unsafe goods from Chinese platforms like Shein and Temu.  These companies have exploited the U.S. de minimis policy exemption, which allows shipments under $800 to enter the United States duty-free and with little oversight. That exemption has undercut U.S. manufacturers by evading the Trump administration’s sorely needed tariffs and contributed to job losses in American factories. Addressing the de minimis policy and China’s exploitation of it was long overdue. Thankfully, the Trump administration last summer signed an executive order closing the exemption, a step in the right direction.  I also commend Sens. Tom Cotton, R-Ark., and Rick Scott, R-Fla., for their steadfast work holding China’s unfair trading practices accountable.  They’ve done this by pushing to close the de minimis loophole to calling for investigations into counterfeiting and IP theft by Chinese platforms to advocating broader reforms to revoke preferential trade status and safeguard American jobs.  As  Cotton recently stated, “The de minimis loophole has allowed Chinese companies like Shein and Temu to flood our market with junk, opioids, and other illegal products, often created from stolen American intellectual property.”  In the rush to crack down on bad actors in online commerce, however, there is a real danger of overshooting the mark. If we are not careful, well-intentioned reforms could punish the very people our economy depends on: law-abiding American marketplaces and the millions of small sellers who rely on them.  These American platforms aren’t like Shein and Temu. They aren’t faceless foreign corporations churning out cheap goods by the container load. They host average Janes and Joes on Main Street–veterans looking for supplemental income, moms and dads building side businesses, and retirees turning hobbies into modest paychecks. You can find vintage records, handmade furniture, gently used tools, or family heirlooms passed to appreciative buyers.  Entire U.S. small businesses are built around selling their products on these platforms. This is the heart of everyday American commerce: personal, creative, and rooted here at home. That world couldn’t be more different from the flood of mass-produced, dirt-cheap imports from Chinese-based companies like Shein and Temu.  One side is about foreign factories racing to the bottom on price, dodging rules, and undercutting American workers. The other is pure American hustle: starting new businesses, turning what they’ve got lying around into extra cash, keeping dollars in our own neighborhoods instead of shipping them overseas.  Regular folks aren’t customs or trade experts. Forcing them to provide exact origin details or guess where their tag-less sweater was made just scares them away from listing items on these marketplaces in the first place.   Congress and the administration should clarify tariff treatment for used goods and streamline customs processing for legitimate low-risk shipments.  Unsuspecting Americans?should not face?surprise fees or endless paperwork, sometimes leading them to decide it’s easier to throw things away than deal with the hassle.  We should fully support Trump’s efforts, bolstered by leaders like Cotton and Scott–ramping up enforcement against massive, high-volume foreign shippers flooding our markets; demanding transparency from overseas platforms hiding behind loopholes; and shutting down outright cheating that’s warped fair competition. But a blunt, one-size-fits-all approach piling red tape on small-time, rule-following American sellers and everyday buyers risks undermining the very entrepreneurship conservatives seek to protect.  At its core, this is about getting government right the conservative way: by being precise and surgical while avoiding friendly-fire damage. We must nail the de minimis abusers who exploit the system, but we also must preserve the freedom and flexibility that allow everyday Americans to participate in online commerce without Washington standing in their way.  In other words, let’s crack down on Beijing’s cheating–but not punish the American side hustler trying to make an honest buck in the process. Smart reform is within reach. We just need to work thoughtfully to make it happen.  We publish a variety of perspectives. Nothing written here is to be construed as representing the views of The Daily Signal. The post Cracking Down on China’s Trade Cheating the Right Way appeared first on The Daily Signal.
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1 h

Trump Announces Alternative Tariff Plan After Supreme Court Ruling
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Trump Announces Alternative Tariff Plan After Supreme Court Ruling

President Donald Trump said the Supreme Court ruling against his tariffs actually affirms his authority to levy additional national security tariffs, and announced a 10% global tariff on Friday. In a 6-3 decision Friday, the Supreme Court ruled that President Trump did not have legal authority to impose his tariffs in Canada, Mexico, and China.  Trump had cited the International Emergency Economic Powers Act of 1977 to declare emergencies in imposing his tariffs on the three countries. The court ruled on Friday that the law “does not authorize the President to impose tariffs.” In a briefing at the White House following the ruling, Trump praised Justice Brett Kavanaugh, who authored the dissenting opinion, for saying that the majority opinion might not substantially constrain a president’s ability to order future tariffs. “A president can actually charge more tariffs than I was charging in the past period of a year under the various tariffs authorities,” Trump said. “So we can use other of the statutes, other of the tariff authorities, which have also been confirmed and are fully allowed.” “Therefore, effective immediately, all national security tariffs under Section 232, and existing Section 301 tariffs, will remain in place, fully in place, and in full force and effect,” he said. Trump said he will sign an executive order Friday to impose a 10% global tariff under Section 122. The statute grants authority to impose temporary tariffs for certain reasons such as trade imbalances. “The Supreme Court did not overrule tariffs,” Trump said. “They merely overruled a particular use of IEEPA tariffs, and essentially it’s a use to get a fee.” Trump said he has alternative options that will bring in more revenue. “I’m going to go in a different direction,” he said. “Probably the direction that I should have gone the first time, but I read the language, I’m very good at reading language, and it read our way 100%. But now I’ll go the way I could have gone, originally, which is even stronger than our original choice.” Trump said the conservative justices who voted against him are “an embarrassment to their families.” Justices Neil Gorsuch and Amy Coney Barrett—both Trump appointees—joined the chief justice and the court’s three liberal justices in the majority. “I’m ashamed of certain members of the court, absolutely ashamed, for not having the courage to do what’s right for our country,” he said. The post Trump Announces Alternative Tariff Plan After Supreme Court Ruling appeared first on The Daily Signal.
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