Trump Media & Technology Group, the owner of social-media network Truth Social, on Friday said it had closed a sale of stock and debt worth $2.3 billion that it will use to invest in Bitcoin. The new issuance dilutes the shares of existing owners,

The U.S. and China had previously agreed to a 90-day pause in which both countries would ratchet down reciprocal tariffs.

Beijing's response on Friday did not address the US claims directly but urged the US to "cease discriminatory restrictions against China".

"The Chinese are slow-rolling their compliance, which is completely unacceptable and it has to be addressed."

The judges agreed with plaintiffs’ claims that Trump doesn’t have authority to impose tariffs under the International Emergency Economic Powers Act (IEEPA), which gives presidents the power to impose...