内容摘要：Posting on his Truth Social platform on Friday evening, Trump said he made a “fast deal” with China for both countries to back away from

Posting on his Truth Social platform on Friday evening, Trump said he made a “fast deal” with China for both countries to back away from

The university says 60 percent, or $36m, of financial aid at Pomona is covered by endowment, which also covers about half the institute’s operating budget. It has 1,747 students, which means Pomona has a per-student endowment of $1.7m. Until now, it paid a tax worth 1.4 percent of the endowment; if the bill passes, it will be taxed at 14 percent.Can this be enforced?

If the bill passes in the Senate, Trump is almost certain to sign it.But the version of the legislature that makes it out of Congress might be different from the one passed by the House.“Even if the Senate passes the tax, it’s possible that they change the amount of the tax and the criteria for its application in the process,” said Emily Saulnier, editor-in-chief of the Boston College Law Review, a publication at Boston College Law School.

Centrist and conservative Republicans in the Senate are divided on the bill. House Speaker Mike Johnson has urged Republican senators to revise it as little as possible. If Senators pass a revised version, the House will need to vote on that new text for it to be passed onto Trump, who will then sign it into law.Wisconsin Republican Senator Ron Johnson has opposed the bill in its current form, arguing it will increase the national deficit, which is the difference between the amount of money the federal government spends and the amount it earns through revenue. Johnson said the House bill would add “$4 trillion” to the deficit. In 2024, the deficit was $1.83 trillion.

Republican Kentucky Senator Rand Paul raised similar concerns during a Fox News interview on May 25, saying while he supports parts of the bill, it would “explode the debt”.

But if the bill does pass and is signed by Trump, “it will apply to all colleges and universities” that meet the conditions set in the legislation, Saulnier said.The International Court of Trade said tariffs issued under the International Emergency Economic Powers Act (IEEPA), which is typically used to address issues of national emergencies rather than addressing the national debt, were considered overreach.

Experts said the IEEPA, which was passed in 1977, is narrow in scope and targets specific countries, US-designated “terrorist organisations”, or gang activity pegged to specific instances. The US, for example, used the law to seize property belonging to the government of Iran during the hostage crisis in 1979 and the property of drug traffickers in Colombia in 1995.“The 1977 International Emergency Economic Powers Act doesn’t say anything at all about tariffs,” Bruce Fain, a former US associate deputy attorney general under Ronald Reagan, told Al Jazeera.

Fein added that there is a statute, the Trade Expansion Act of 1962, which allows tariffs in the event of a national emergency. However, he said, it requires a study by the commerce secretary and can only be imposed on a product-by-product basis.‘Product-by-product’