Suspension of Some Visa Processing, No Tariff Ruling, More
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News when you want it with Bloomberg News. Now I'm Karen Moscow. Sources tell Bloomberg the State Department will suspend processing visas for people from dozens of countries. It marks one of the Trump administration's most extreme moves yet in its immigration crackdown. A department memo says the U.S. is freezing visa processing indefinitely for 75 countries, including Afghanistan, Iran, Russia and Somalia. However, what may be more surprising to some is other nations on the list, which include Brazil. The U.S. Supreme Court did not rule on challenges to President Trump's tariffs today, leaving the world to wait until at least next week to learn the fate of his signature economic policy. We get more with Bloomberg's Anne-Marie Hordern.
We don't have an opinion yet again today. The president spoke about this last night in Detroit. He was saying, could you believe, could you imagine the Supreme Court is trying to rule that my tariffs are illegal? But then he did say, we'll find another way. So for financial markets concerns, although everyone does want to know whether or not This is going to be deemed illegal. There's going to be a time period, if it is deemed illegal, where your companies are going to line up for refunds. About 75 percent of Trump's tariffs are tethered to IEPA. So they're going to have to find different avenues to legally have these justification for some of these tariffs. So that is why everyone is so concerned. But, yes, the Supreme Court really leaving us in the dark once again, unclear how they're going to rule on this.
And that's Bloomberg's Anne-Marie Hordern. Now, the court has not said when it will issue its next opinions, but could schedule more decisions on Tuesday or Wednesday when the justices again are in session. President Trump has repeated his demand for the U.S. to take control of Greenland for national security reasons before a meeting of top diplomats in Washington and called on NATO to support his efforts. In a post on Truth Social this morning, the president said, quote, NATO becomes far more formidable and effective with Greenland in the hands of the United States. The Danish foreign minister is meeting with Vice President J.D. Vance and Secretary of State Marco Rubio in an effort to convince the U.S.
administration that there's no need to take over the Arctic island. The Iranian government continued its crackdown on protests that have swept the nation despite President Trump's threat of action over mounting fatalities. Bloomberg's Laura Dozenski has more from Washington.
Yesterday he said that he was going to get a briefing from his advisors and decide what to do next. He had very harsh words toward the Iranian leaders about violence against protesters, and Trump encouraged protesters to continue protesting. We're just going to have to see what happens there.
And that's Bloomberg's Laura Dozenski. The U.S.-based human rights activist news agency says nearly 2,600 people have been killed in Iran. Demonstrations remain difficult to track with an Internet shutdown in effect. Some observers say the actual toll could be significantly higher. Citigroup Chief Financial Officer Mark Mason is saying the lender wants to cooperate with President Trump's affordability push, but does not support his proposed cap on credit card fees.
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Chapters
5 chapters
1
What is the main topic discussed in this episode?
0:00–3:58
2
What recent changes have been made to U.S. visa processing?
3:58–4:33
3
How is the Trump administration impacting immigration policies?
4:33–6:05
4
What are the implications of the visa suspension on international relations?
6:05–6:50
5
What was the Supreme Court's decision regarding Trump's tariffs?
6:50–8:06
Speakers
6 identifiedMore from Bloomberg News Now
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