The Supreme Court struck down President Donald Trump's far-reaching global tariffs on Friday, handing him a significant loss on an issue crucial to his economic agenda.

The 6-3 decision centers on tariffs imposed under an emergency powers law, including the sweeping "reciprocal" tariffs he levied on nearly every other country.

Eileen Gu and all the other freestyle skiers wait for their scores by a large Powerade-branded cooler, then glide away without taking a drink.

Bottles of the blue sports drink are stacked in hockey penalty boxes. Even the tissues in figure skating's drama-packed "Kiss and Cry" area are branded.

Japanese Prime Minister Sanae Takaichi on Wednesday expressed hopes of deepening her relationship with U.S. President Donald Trump and strengthen cooperation between the two countries in rare earths development and other areas of economic security when she visits Washington next month.

Takaichi, at a news conference late Wednesday, expressed hopes to strengthen cooperation with the U.S., especially in economic security, as tensions between Tokyo and Beijing have risen over the last few months.

The U.S. trade deficit slipped modestly in 2025, a year in which President Donald Trump upended global commerce by slapping double digit tariffs on imports from most countries.

The gap the between the goods and services the U.S. sells other countries and what it buys from them narrowed to just over $901 billion from $904 billion in 2024, the Commerce Department reported Thursday.

Indonesia is tightening state control over the world's largest nickel supply after years of betting the metal would anchor a homegrown electric-vehicle industry, and just as global demand begins shifting away from heavy reliance on nickel.

The move could still ripple through global EV supply chains as the United States and China compete for critical minerals. Indonesia sits at the center of the nickel market: its share of global supply jumped to about 60% in 2024 from 31.5% in 2020, according to S&P Global Market Intelligence, after former President Joko Widodo banned raw ore exports, drawing a surge of Chinese-backed investment into refining.

Japan's exports surged nearly 17% in January from a year earlier, lifted by seasonal factors and strong demand in China and other Asian markets.

Imports slipped 2.5% from the same month a year earlier to 10.3 trillion yen ($67 billion), while exports climbed 16.8% to 9.19 trillion yen ($59.8 billion), the Finance Ministry reported Wednesday.

Finance Minister Yassine Jaber on Tuesday held a press conference to defend the controversial taxes that were imposed by the government overnight.

"We have reached a critical juncture with a paralyzed and struggling public sector. A decision was necessary. Negotiations took place with the military, and a meeting was held at the Ministry of Defense. The consensus was to approve the salary increase, and those present understood that approving it without revenues would expose the country to a crisis, Jaber said.

The key Ring highway in Beirut and the vital Khalde road just outside the capital were blocked on Tuesday in protest at the government’s overnight decision to hike gasoline prices by 25% and the Valued Added Tax (VAT) from 11% to 12%.

The government said it made the move in order to fund a wage increase for the public sector and the armed forces equivalent to six times their wages in Lebanese pound in 2019.

Oil prices were in focus Tuesday as U.S. President Donald Trump ramped up threats towards Iran, shaking up markets subdued by holidays in Asia and the United States.

Africa was the world's fastest-growing solar market in 2025, defying a global slowdown and reshaping where the momentum in renewable energy is concentrated, according to an industry report released in late last month.

The report by the Africa Solar Industry Association says the continent's solar installed capacity expanded 17% in 2025, boosted by imports of Chinese-made solar panels. Global solar power capacity rose 23% in 2025 to 618 GW, slowing from a 44% increase in 2024.