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#businesses

4 posts4 participants1 post today
Public
ABC Feeds

Australian wine exports on the slide as world drinks less
By Selina Green and Jessica Schremmer

Australian wine began flowing back into China last year after tariffs were removed, but the country's wine exports more broadly are declining significantly.

abc.net.au/news/2025-05-01/aus

ABC News · Australian wine exports drop to 20-year low, excluding sales to ChinaBy Selina Green
#Exports#Businesses#FoodandDrink
Public
Christoph Merk

Today‘s #headline in #Europe:
#Bloomberg: „the #euro-area economy grew more than exprected at the start of the year“
vs
#wsj: „The #US #economy #shrank last quater. #Imports surged as #businesses rushe to stock ahead of #tariffs, while #consumers held spending in check“ …
#ntv: (translated) #USeconomy shrank beginning #2025 surprisingly around 0.5%

Long story short: If #Trump continues like he started it‘ only a question of time until the #USA is #insolvent just like #Argentina in the past

Continued thread
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Nonilex

The trend is also evident in other areas, notably a 2023 ruling that found that #FreeSpeech protections shield some #businesses from having to provide services to #SameSex couples (the case involving a would-be Colorado wedding website designer).

Justin Driver, a Yale #law prof, said #SCOTUS’ recent #jurisprudence has recalibrated the #Constitution’s traditional balance between #religion & #secularism as laid out in the #FirstAmendment.

#ChurchAndState#NewApostolicReformation#ActivistCourt
Continued thread
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☮ ♥ ♬ 🧑‍💻

Day 29 🥔🤓💰💰💰💰🏘️🏘️🏘️🏘️ 📹📺 📑👩‍💻👨‍💻

“Opposition Leader #PeterDutton failed to declare for two years his #interest in a #FamilyTrust that operated lucrative #ChildcareBusinesses when he was a #CabinetMinister, a #FourCorners #investigation has found.

Documents obtained by Four Corners and ABC Investigations show that while Mr Dutton's register of interests disclosed his wife #Kirilly's interests in childcare operations at the time, he did not declare between 2014 and 2016 that he was a beneficiary of the #RHTFamilyTrust that owned the businesses, as required by parliamentary rules.

The investigation also analysed more than 20 years of property records tied up in complicated and opaque trust structures and found that the Dutton family, with Peter Dutton's father #BruceDutton, made almost $15 million in profit from #buying and #selling private childcare #businesses as well as dozens of #residential #property deals.”

Remember the quote about not listening to the ABC? The Family Trust issue is a measure of #character according to Judge #MargaretWhite.

#AusPol / #Liberal / #Nationals / #Coalition / #corruption / #LNPCrimeGang / #TrueColours <abc.net.au/news/2025-04-28/pet> / <abc.net.au/news/2025-04-25/tru>

ABC News · Peter Dutton failed to disclose he was the beneficiary of a family trust, Four Corners revealsBy Rory Callinan
Continued thread
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Nonilex

“#Congress has not delegated any such #power,” the suit says. “The statute the President invokes—the International Emergency Economic Powers Act (‘#IEEPA’) — does not authorize the President to unilaterally issue across-the-board worldwide tariffs.”
The Liberty Justice Center, which is representing the owner-operated companies, said #Trump’s new #tariffs of at least 10% on imports from most countries & higher rates for scores of other nations are devastating small #businesses across the country.

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Nonilex

#US #businesses sue to block #Trump #tariffs say #trade #deficits aren’t an “emergency” he is just declaring it one to sidestep #Congress.

[We aren’t at war either but he invoked the AEA for the same reason]

The lawsuit in the U.S. Court of #InternationalTrade alleges that Trump has illegally usurped Congress’ #power to levy tariffs.

The suit said Trump’s claim that #TradeDeficits with other countries constitute an #emergency is baseless.

#law #economy #geopolitics
cnbc.com/2025/04/14/us-busines

CNBCU.S. businesses sue to block Trump tariffs, say trade deficits are not an emergencyThe Trump administration's argument is undercut by its imposing tariffs on countries the U.S. does not have a trade deficit with, the plaintiffs say.
Continued thread
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☮ ♥ ♬ 🧑‍💻

“If other countries can be forced into reducing their tariffs against #USA made good, then these pedal #manufactures you mentioned will have an easier time being able to #compete and sell into #foreign markets and should be able to grow their #businesses......” — #EaglePointEmporium

“The Trump Tariffs Will Kill The Guitar Industry” / #Tarrifs / #guitars / #RhettShull / #music <youtube.com/watch?v=piPJIU47k5>

YouTubeThe Trump Tariffs Will Kill The Guitar IndustryBy Rhett Shull
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