Monica Ricks

Two aircraft carriers, hundreds of fighter jets and thousands of troops are now on standby in the region as President Trump presses Iran for a nuclear deal.

The president said Friday he's considering limited strikes on Iran if it can't reach an agreement within the next two weeks.

The European Union could now freeze its trade deal with the U.S.

following the Supreme Court's decision this week to reject President Trump's existing duties.

The European Parliament's trade committee is holding an emergency meeting tomorrow in response to what its trade chief calls pure customs chaos on the part of the U.S.

government.

Australia and India have made similar statements.

In fact, Indian officials were supposed to meet in Washington this week to discuss trade, but now plan to reschedule.

Meantime, the president's calling the ruling the biggest threat in history to U.S.

national security, leaving the country financially defenseless.

But U.S.

Trade Representative Jameson Greer says Trump's new global tariff could build things back up.

The new 15% tariff expires at the end of July, just months ahead of midterm elections.

Investors may be getting skittish about AI's revenue prospects, but Bloomberg's Dan Schwartzman tells us a major player is optimistic.

JPMorgan Chase confirms it closed President Trump's bank accounts after the January 6 attack on the U.S.

Capitol.

That's according to the New York Times, which reports the admission in a court filing in a lawsuit over allegations of political debanking.

Trump's suing for $5 billion, claiming the closures hurt his businesses.

J.P.

Morgan says the suit lacks merit.