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Trump’s worldwide tariffs run into sharp skepticism at the Supreme Court

President Trump’s signature plan to impose import taxes on products coming from countries around the world ran into sharp skepticism at the Supreme Court on Wednesday.

Most of the justices, conservative and liberal, questioned whether the president acting on his own has the power to set large tariffs as a weapon of international trade.

Instead, they voiced the traditional view that the Constitution gives Congress the power to raise taxes, duties and tariffs.

Trump and his lawyers rely on an emergency powers act adopted on a voice vote by Congress in 1977. That measure authorizes sanctions and embargoes, but does not mention “tariffs, duties” or other means of revenue-raising.

Chief Justice John G. Roberts Jr. said he doubted that law could be read so broadly.

The emergency powers law “had never before been used to justify tariffs,” he told D. John Sauer, Trump’s solicitor general. “No one has argued that it does until this particular case.”

Congress has authorized tariffs in other laws, he said, but not this one. Yet, it is “being used for a power to impose tariffs on any product from any country for — in any amount on any product from any country for — in any amount for any length of time.”

Moreover, the Constitution says Congress has the lead role on taxes and tariffs. “The imposition of taxes on Americans … has always been a core power of Congress,” he said.

The tariffs case heard Wednesday is the first major challenge to Trump’s presidential power to be heard by the court. It is also a test of whether the court’s conservative majority is willing to set legal limits on Trump’s executive authority.

Trump has touted these import taxes as crucial to reviving American manufacturing.

But owners of small businesses, farmers and economists are among the critics who say the on-again, off-again import taxes are disrupting business and damaging the economy.

Two lower courts ruled for small-business owners and said Trump had exceeded his authority.

The Supreme Court agreed to hear the appeal on a fast-track basis with the aim of ruling in a few months.

In defense of the president and his “Liberation Day” tariffs, Trump’s lawyers argued these import duties involve the president’s power over foreign affairs. They are “regulatory tariffs,” not taxes that raise revenue, he said.

Justices Sonia Sotomayor and Elena Kagan disagreed.

“It’s a congressional power, not a presidential power, to tax,” Sotomayor said. “You want to say tariffs are not taxes, but that’s exactly what they are.”

Imposing a tariff “is a taxing power which is delegated by the Constitution to Congress,” Kagan said.

Justice Neil M. Gorsuch may hold the deciding vote, and he said he was wary of upholding broad claims of presidential power that rely on old and vague laws.

The court’s conservative majority, including Gorsuch, struck down several far-reaching Biden administration regulations on climate change and student forgiveness because they were not clearly authorized by Congress.

Both Roberts and Gorsuch said the same theory may apply here. Gorsuch said he was skeptical of the claim that the president had the power to impose taxes based on his belief that the nation faces a global emergency.

In the future, “could the President impose a 50% tariff on gas-powered cars and auto parts to deal with the unusual and extraordinary threat from abroad of climate change?” he asked.

Yes, Sauer replied, “It’s very likely that could be done.”

Congress had the lawmaking power, Gorsuch said, and presidents should not feel free to take away the taxing power “from the people’s representatives.”

Justice Amy Coney Barrett said she was struggling to understand what Congress meant in the emergency powers law when it said the president may “regulate” importation.

She agreed that the law did not mention taxes and tariffs that would raise revenue, but some judges then saw it as allowing the authority to impose duties or tariffs.

Justices Brett M. Kavanaugh and Samuel A. Alito Jr. appeared to be leaning against the challenge to the president’s tariffs.

Kavanaugh pointed to a round of tariffs imposed by President Nixon in 1971, and he said Congress later adopted its emergency powers act without clearly rejecting that authority.

A former White House lawyer, Kavanaugh said it would be unusual for the president to have the full power to bar imports from certain countries, but not the lesser power to impose tariffs.

Since Trump returned to the White House in January, the court’s six Republican appointees have voted repeatedly to set aside orders from judges who had temporarily blocked the president’s policies and initiatives.

Although they have not explained most of their temporary emergency rulings, the conservatives have said the president has broad executive authority over federal agencies and on matters of foreign affairs.

But Wednesday, the justices did not sound split along the usual ideological lines.

The court’s ruling is not likely to be the final word on tariffs, however. Several other past laws allow the president to impose temporary tariffs for reasons of national security.

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In Chicago, an immense show of force signals a sharp escalation in White House immigration crackdown

The music begins low and ominous, with the video showing searchlights skimming along a Chicago apartment building and heavily armed immigration agents storming inside. Guns are drawn. Unmarked cars fill the streets. Agents rappel from a Black Hawk helicopter.

But quickly the soundtrack grows more stirring and the video — edited into a series of dramatic shots and released by the Department of Homeland Security days after the Sept. 30 raid — shows agents leading away shirtless men, their hands zip-tied behind their backs.

Authorities said they were targeting the Venezuelan gang Tren de Aragua, though they also said only two of the 27 immigrants arrested were gang members. They gave few details on the arrests.

But the apartments of dozens of U.S. citizens were targeted, residents said, and at least a half-dozen Americans were held for hours.

The immense show of force signaled a sharp escalation in the White House’s immigration crackdown and amplified tensions in a city already on edge.

“To every criminal illegal alien: Darkness is no longer your ally,” Homeland Security said in a social media post accompanying the video, which racked up more than 6.4 million views. “We will find you.”

But Tony Wilson, a third-floor resident born and raised on Chicago’s South Side, sees only horror in what happened.

“It was like we were under attack,” Wilson said days after the raid, speaking through the hole where his door knob used to be. Agents had used a grinder to cut out the deadbolt, and he still couldn’t close the door properly, let alone lock it. So he had barricaded himself inside, blocking the door with furniture.

“I didn’t even hear them knock or nothing,” said Wilson, a 58-year-old U.S. citizen on disability.

Dreams and decay

The raid was executed in the heart of South Shore, an overwhelmingly Black neighborhood on Lake Michigan that has long been a tangle of middle-class dreams, urban decay and gentrification.

It’s a place where teams of drug dealers troll for customers outside ornate lakeside apartment buildings. It has some of the city’s best vegan restaurants but also takeout places where the catfish fillets are ordered through bullet-proof glass.

It has well-paid professors from the University of Chicago but is also where one-third of households scrape by on less than $25,000 a year.

The apartment building where the raid occurred has long been troubled. Five stories tall and built in the 1950s, residents said it was often strewn with garbage, the elevators rarely worked and crime was a constant worry. Things had grown more chaotic after dozens of Venezuelan migrants arrived in the past few years, residents said. While no residents said they felt threatened by the migrants, many described a rise in noise and hallway trash.

Owned by out-of-state investors, the building hasn’t passed an inspection in three years, with problems ranging from missing smoke detectors to the stench of urine to filthy stairways. Repeated calls to a lead investor in the limited liability company that owns the building, a Wisconsin resident named Trinity Flood, were not returned. Attempts to reach representatives through realtors and lawyers were also unsuccessful.

Crime fears spiked in June when a Venezuelan man was shot in the head “execution-style,” the Department of Homeland Security said in a statement. Another Venezuelan was charged in the death.

Days after the raid, the doors to dozens of the building’s 130 apartments hung open. Nearly all those apartments had been ransacked. Windows were broken, doors smashed, and clothes and diapers littered the floors. In one apartment, a white tuxedo jacket hung in the closet next to a room knee-deep in broken furniture, piles of clothing and plastic bags. In another, water dripping from the ceiling puddled next to a refrigerator lying on its side. Some kitchens swarmed with insects.

Wilson said a trio of men in body armor had zip-tied his hands and forced him outside with dozens of other people, most Latino. After being held for two hours he was told he could leave.

“It was terrible, man,” he said. He’d barely left the apartment in days.

A city under siege?

Chicago, the White House says, is under siege.

Gang members and immigrants in the U.S. illegally swarm the city and crime is rampant, President Trump insists. National Guard soldiers are needed to protect government facilities from raging left-wing protesters.

“Chicago is the worst and most dangerous city in the World,” he posted on Truth Social.

The reality is far less dramatic. Violence is rare at protests, though angry confrontations are increasingly common, particularly outside a federal immigration center in suburban Broadview. And while crime is a serious problem, the city’s murder rate has dropped by roughly half since the 1990s.

Those realities have not stopped the Trump administration.

What started in early September with some arrests in Latino neighborhoods, part of a crackdown dubbed “Operation Midway Blitz,” has surged across Chicago. There are increasing patrols by masked, armed agents; detentions of U.S. citizens and immigrants with legal status; a fatal shooting; a protesting pastor shot in the head with a pepper ball outside the Broadview facility, his arms raised in supplication.

By early October, authorities said more than 1,000 immigrants had been arrested across the area.

The raids have shaken Chicago.

“We have a rogue, reckless group of heavily armed, masked individuals roaming throughout our city,” Mayor Brandon Johnson said after the Sept. 30 raid. “The Trump administration is seeking to destabilize our city and promote chaos.”

To Trump’s critics, the crackdown is a calculated effort to stir anger in a city and state run by some of his most outspoken Democratic opponents. Out-of-control protests would reinforce Trump’s tough-on-crime image, they say, while embarrassing Johnson and Illinois Gov. JB Pritzker, seen as a possible Democratic presidential contender.

So the South Shore raid, ready-made for social media with its displays of military hardware and agents armed for combat, was seen as wildly out of proportion.

“This was a crazy-looking military response they put together for their reality show,” said LaVonte Stewart, who runs a South Shore sports program to steer young people away from violence. “It’s not like there are roving bands of Venezuelan teenagers out there.”

Officials insist it was no reality show.

The operation, led by U.S. Customs and Border Protection, was based on months of intelligence gathering, according to a U.S. official who was not authorized to discuss the matter publicly. The building’s landlord told authorities that Venezuelans in about 30 units were squatters and had threatened other tenants, the official said, adding that the building’s size necessitated the show of force. Immigration agencies declined further comment.

Even before the “Midway Blitz,” Trump’s election had whipsawed through Chicago’s Latino communities.

Stewart said Venezuelan children began disappearing from his programs months ago, though it’s often unclear if they moved, returned to Venezuela or are just staying home.

“I had 35 kids in my program from Venezuela,” he said. “Now there’s none.”

A wave of migrant newcomers

The raid echoed through South Shore, pinballing through memories of the surge in violence during the 1990s drug wars as well as economic divides and the sometimes uncomfortable relations between Black residents and the wave of more than 50,000 immigrants, most Latino, who began arriving in 2022, often bused from southern border states.

Chicago spent more than $300 million on housing and other services for the immigrants, fueling widespread resentment in South Shore and other Black neighborhoods where the newcomers were settled.

“They felt like these new arrivals received better treatment than people who were already part of the community,” said Kenneth Phelps, pastor at the Concord Missionary Baptist Church in Woodlawn, a largely Black neighborhood.

It didn’t matter that many migrants were crowded into small apartments, and most simply wanted to work. The message to residents, he said, was that the newcomers mattered more than they did.

Phelps tried to fight that perception, creating programs to help new arrivals and inviting them to his church. But that stirred more anger, including in his own congregation.

“I even had people leave the church,” he said.

In South Shore it’s easy to hear the bitterness, even though the neighborhood’s remaining migrants are a nearly invisible presence.

“They took everyone’s jobs!” said Rita Lopez, who manages neighborhood apartment buildings and recently stopped by the scene of the raid.

“The government gave all the money to them — and not to the Chicagoans,” she said.

Changing demographics and generations of suspicion

Over more than a century, South Shore has drawn waves of Irish, Jewish and then Black arrivals for its lakeside location, affordable bungalows and early 20th-century apartment buildings.

Each wave viewed the next with suspicion, in many ways mirroring how Black South Shore residents saw the migrant influx.

Former first lady Michelle Obama’s parents moved to South Shore when it was still mostly white, and she watched it change. A neighborhood that was 96% white in 1950 was 96% Black by 1980.

“We were doing everything we were supposed to do — and better,” she said in 2019. “But when we moved in, white families moved out.”

But suspicion also came from South Shore’s Black middle-class, which watched nervously as many housing projects began closing in the 1990s, creating an influx of poorer residents.

“This has always been a complex community,” Stewart said of those years.

“You can live on a block here that’s super-clean, with really nice houses, then go one block away and there’s broken glass, trash everywhere and shootings,” he said. “It’s the weirdest thing and it’s been this way for 30 years.”

Sullivan writes for the Associated Press. AP reporters Aisha I. Jefferson in Chicago, Elliot Spagat in San Diego and Claudia Lauer in Philadelphia contributed to this report.

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China’s Stealth Sharp Sword Unmanned Combat Air Vehicles Deployed To Operational Airbase

Satellite imagery shows several GJ-11 Sharp Sword stealthy flying-wing uncrewed combat air vehicles (UCAV) were deployed to a very active dual-use military-civilian airport in western China for weeks between August and September. This would be in line with an operational test and might point to the GJ-11 having reached a semi-operational state. The Sharp Sword is a prime example of China’s heavy investment in flying-wing uncrewed aircraft, which stands in ever more stark contrast to the U.S. military’s eschewing of such designs, at least publicly.

Imagery in Planet Labs’ online archive database shows three GJ-11s at Shigatse Air Base, also known as Shigatse Peace Airport, in China’s Tibet Autonomous Region, from August 6 through September 5. The Sharp Sword has been in development for more than a decade and is understood to be designed to at least perform penetrating air-to-surface strike and intelligence, surveillance, and reconnaissance (ISR) missions. It also has the potential for use in air-to-air combat as an electronic warfare platform.

A trio of GJ-11s, as well as other drones, seen at Shigatse Air Base in a satellite image taken on August 6, 2025. PHOTO © 2025 PLANET LABS INC. ALL RIGHTS RESERVED. REPRINTED BY PERMISSION
This satellite image taken on September 5, 2025, shows two GJ-11s, as well as other drones, at Shigatse. PHOTO © 2025 PLANET LABS INC. ALL RIGHTS RESERVED. REPRINTED BY PERMISSION
A GJ-11 mockup that was included in a massive Chinese military parade in Beijing on September 3, 2025. Chinese internet

At least two of the drones seen in the images of Shigatse have overall gray paint schemes, as is commonly seen on other Chinese crewed and uncrewed military aircraft. At least one additional example is seen with a red/brown colored protective covering of some kind. A Planet Labs image of Shigatse taken on September 10, seen below, shows Flanker-type fighters with similar covers.

PHOTO © 2025 PLANET LABS INC. ALL RIGHTS RESERVED. REPRINTED BY PERMISSION

Though its location is remote, Shigatse occupies a strategic position along China’s southwestern flank with India. It is situated just around 90 miles northeast of the boundary with India’s Sikkim state, which is one of a number of border areas between the two countries that have seen sometimes violent skirmishes. In the past five years or so, the Chinese People’s Liberation Army (PLA) has been steadily working to expand its ability to project airpower from multiple bases in the Tibet and Xinjiang Autonomous Regions, as you can read more about here.

Shigatse’s main runway is one of the longest in the world, stretching approximately 16,404 feet (5,000 meters) in length. An additional 9,840-foot (3,000-meter) auxiliary runway, with seven large aircraft parking spots attached to it, was also completed at the facility back in 2017. An expanded apron for military aircraft was also subsequently constructed at the eastern end of the base. Work to further enlarge that apron, and to build what looks to be at least five hangars and other supporting infrastructure adjacent to it, has been underway for around a year now.

A satellite image taken on September 10, 2025, of the eastern end of Shigatse Air Base, showing work to further expand the apron there, as well as construct what look to be new hangars and other supporting infrastructure. PHOTO © 2025 PLANET LABS INC. ALL RIGHTS RESERVED. REPRINTED BY PERMISSION
A satellite image taken in 2019 offering a general view of Shigatse Air Base. The additional runway that was constructed in 2017 is seen at the western end of the facility. The subsequent work to expand the eastern end of the facility is also absent here. Google Earth

In line with all this, Shigatse has a significant and active PLA presence. In terms of crewed aircraft, there is a continuous fighter presence at the base, which has included Flanker-type and J-10s over the years. Satellite imagery shows that other fixed-wing military aircraft, including airborne early warning and control planes, as well as helicopters, operate from there, as well.

Our latest Downlink looks at what appears to be a major uptick in unmanned aircraft and other aviation activities at China’s Shigatse Airport in Tibet near the border with India. It comes as new clashes along the border recently erupted: pic.twitter.com/SiWhD1Uonl

— The War Zone (@thewarzonewire) December 13, 2022

Shigatse is also a very well-established hub for drone operations, with various types, including members of the China Aerospace Science and Technology Corporation’s (CASC) Rainbow family, having been continuously based there for years now. Shigatse was notably the first known operating location for the high-flying WZ-7 Soaring Dragon reconnaissance drone. WZ-7s, which also have a constant presence at the facility, are used to collect intelligence along the border with India.

WZ-7 Soaring Dragons, with their distinctive diamond wing configuration, as well as other drones are seen here at Shigatse on September 10, 2025. PHOTO © 2025 PLANET LABS INC. ALL RIGHTS RESERVED. REPRINTED BY PERMISSION

Since the India/China standoff began, we’ve seen the redeployment of the WZ-7 to Shigatse. So far up to four have been observed along with the CH-5. pic.twitter.com/2IkWlGBQbz

— Chris Biggers (@CSBiggers) August 27, 2020

The nature of the PLA’s activity at Shigatse strongly points at least to the GJ-11s having been sent there for some type of operational testing. Prior to this, Sharp Swords had been primarily spotted at test facilities, such as the sprawling and secretive base at Malan in Xinjiang province. The drones have been flying daily at Malan for more than a year now. Mockups have also been spotted at Chinese naval test and training facilities, as well as at parades.

A pair of GJ-11s seen at Malan on July 18, 2024. PHOTO © 2024 PLANET LABS INC. ALL RIGHTS RESERVED. REPRINTED BY PERMISSION
A pair of apparent GJ-11 mockups at a test and/or training site on Changxing Island in Shanghai in May 2024. Google Earth

Flying from Shigatse would offer a real-world opportunity to explore and refine tactics, techniques, and procedures for employing the drones operationally, as well as just how they might fit into existing force structures. The base, which lies at an elevation of nearly 12,410 feet (3,782 meters), also offers an especially high-altitude testing location, as well as one that is in proximity to an area of active tension with India and that country’s air defense overlay.

Having multiple Sharp Swords at the facility would also allow for demonstrations of their ability to operate cooperatively, as well as alongside crewed platforms, and potentially do so with a high degree of autonomy. China’s J-20 stealth fighter is regularly presented as a likely aerial companion to the GJ-11. TWZ has been highlighting for years how the two-seat variant of the J-20 would be especially well suited to the airborne drone controller role.

Un passage dans un reportage de CCTV-7 montre la possible collaboration entre un J-20 biplace et des #drones GJ-11 à faible observabilité.

La représentativité est à confirmer. pic.twitter.com/9Xy8Q8KQOO

— East Pendulum (@HenriKenhmann) October 12, 2022

The GJ-11 has already been in development for more than a decade, with a prototype with a substantially less stealthy design having first flown in 2013. A mockup with a drastically refined low-observable (stealthy) configuration broke cover at a parade in Beijing in 2019. Continued work on Sharp Sword now also includes a naval variant or derivative capable of operating from aircraft carriers and big deck amphibious assault ships, which has been referred to unofficially at times as the GJ-11H, GJ-11J, or GJ-21. Just over a year ago, TWZ reported in detail on clear evidence that the development of the GJ-11, overall, was accelerating, pointing to the drone getting increasingly closer to an operational state, at least in its land-based form.

Via ACuriousPLAFan/SDF: 😮

Supposedly not a recent image, but still the carrier mock-up and test facility at Wuhan has gained some new aircraft: Visible now are clearly mock-ups of J-15, J-35, KJ-600 and a GJ-11H on the flight deck.

(Image via @伏尔戈星图 from Weibo) pic.twitter.com/UL6uk81zh4

— @Rupprecht_A (@RupprechtDeino) December 19, 2023

As noted, the GJ-11 is just one example of the PLA’s larger pursuit of multiple types of stealthy flying-wing drones for use as UCAVs and in other roles, especially high-altitude, long-endurance ISR missions. Three previously unseen flying-wing designs have emerged in China just this year. This includes the appearance of two particularly large types at Malan, which TWZ was first to report on in both cases. We had assessed years ago that an explosion of investment in flying-wing drones in China was likely to come, and that academic institutions tied to the country’s weapons development ecosystem would play a key role. The Chinese aviation industry has also been surging ahead, in general, in the development of new advanced crewed and uncrewed designs.

TWZ was first to report on the sighting of this new very large flying wing design seen at China’s secretive test base near Malan in Xinjiang province in a satellite image taken on May 14, 2025. PHOTO © 2025 PLANET LABS INC. ALL RIGHTS RESERVED. REPRINTED BY PERMISSION
What appears to be a previously unseen drone with a ‘cranked kite’ planform at China’s test base near Malan on August 14, 2025, which TWZ was also first to report on. PHOTO © 2025 PLANET LABS INC. ALL RIGHTS RESERVED. REPRINTED BY PERMISSION

Chinese flying-wing UCAV developments, in particular, reflect something of a trend globally, with Russia, India, Turkey, and France also publicly pursuing this kind of capability to varying degrees. The U.S. military is pointedly absent from this space, at least that we know, despite decades of development work that looked for a time to be on the cusp of yielding operational platforms before various programs were abandoned. You can read more about that history in extensive detail in this past TWZ feature.

When it comes to China’s GJ-11, the imagery of Shigatse from August and September offers new signs that these drones are getting close to at least a limited operational state, if they haven’t already reached that milestone.

Contact the author: [email protected]

Joseph has been a member of The War Zone team since early 2017. Prior to that, he was an Associate Editor at War Is Boring, and his byline has appeared in other publications, including Small Arms Review, Small Arms Defense Journal, Reuters, We Are the Mighty, and Task & Purpose.




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Ethereum Tumbled 9%, Bitcoin Declined 3%. Here’s What Investors Need to Know About Sept. 22’s Sharp Crypto Sell-Off.

The plunge highlights high levels of leverage by crypto investors.

Cryptocurrency prices slumped Sept. 22 with Ethereum (ETH 0.01%) losing 9% in the early hours of Monday morning. The second-biggest cryptocurrency fell from almost $4,500 to $4,075, before finishing the day at $4,200. Bitcoin (BTC 1.56%) dropped 3% and the total crypto market cap slipped back below $4 trillion.

Crypto positions saw more than $1.6 billion in liquidations in 24 hours — the biggest liquidation this year, according to CoinGlass data. Ethereum was hardest hit with more than $500 million wiped out. It’s a reminder of the way excessive leverage in crypto can quickly snowball. The market moved against investors who had borrowed to fund bullish positions. As it did, their positions were forcibly closed, which added to the broader downward pressure.

Let’s dive in to find out what the rocky start to the week means for crypto investors.

What investors need to know about the sell-off

When cryptocurrency prices are rising, it’s often easy to forget about the risk involved. Dramatic shifts and liquidations remind us that this is still a relatively new and evolving asset class.

1. Cryptocurrency volatility hasn’t gone away

Bitcoin is still a volatile asset. That volatility has lessened as it has gained traction as a store of value and attracted institutional investment, particularly through exchange-traded funds (ETFs). According to Fidelity, Bitcoin was less volatile than shares of Netflix in the two years running up to March 2024. However, the volatility is still there.

This is even more so for Ethereum, which serves a different purpose than Bitcoin and has not yet benefited from the same inflows of corporate and institutional capital. Ethereum is starting to be viewed as the smart contract workhorse of crypto, supporting a wealth of stablecoin and decentralized finance applications. However, it is still more volatile than Bitcoin as this week’s dramatic price swing demonstrates.

2. Keep an eye on crypto leverage

Investing using margin and leverage involves using borrowed funds to take a larger position in an investment. It can work in different ways, but for many crypto investors, it involves depositing assets as collateral to increase purchasing power. As an investor, it can be risky because you could lose your collateral — known as liquidation — if the market doesn’t rise or falls.

On a broader level, leverage amplifies market activity. That’s why it’s concerning that the levels of crypto leverage are coming close to those of Q4 2021 and Q1 2022. An August Galaxy report showed that total crypto-collateralized lending increased to more than $53 billion in the second quarter of 2025. That’s a 27% increase from on the quarter before.

In 2022, we saw the way that excessive leverage can quickly spiral and exacerbate market volatility. Markets are cyclical by nature, and history shows us that cryptocurrency bull runs don’t last forever. When prices start to fall, as they did at the start of the week, those declines are magnified by the various forms of buying crypto using borrowed money.

There’s also growing concern about crypto corporate treasury companies, some of which are using debt to fund their Bitcoin and Ethereum purchases. Adding crypto to company balance sheets using borrowed money has become popular this year. The danger is that when prices fall, they may need to sell their crypto to service debts, causing prices to fall further.

Screen showing falling prices in red with names of securities blurred.

Image source: Getty Images.

3. Bitcoin and Ethereum are still trending upward

Dramatic price swings are always unsettling, but it’s important to keep them in context. Bear in mind that both Bitcoin and Ethereum are still outperforming the S&P 500 — in spite of the recent sell off. As of Sept. 24, the S&P 500 has gained about 16% year over year. Bitcoin is up almost 77% and Ethereum increased 57% in the same time period.

Prepare for further turbulence

Crypto prices seem to have stabilized today, with Bitcoin holding its head over the $113,000 mark and Ethereum at almost $4,200. However, Bloomberg warns that the market is braced for further volatility. It says Bitcoin options traders are betting on two extremes — a slide to $95,000 or a rally to over $140,000, showing that we may yet see more dramatic price swings.

Bitcoin and Ethereum have rallied this year, buoyed by a crypto-friendly administration, changes in regulation, and — most recently — hopes for Federal Reserve interest rate cuts. Potential Securities and Exchange Commission approvals of spot altcoin ETFs may also give the industry a boost in the coming months. Even so, economic doubts and inflation concerns continue to weigh on prices. If further rate cuts do not materialize as anticipated, crypto prices may not be able to sustain recent gains.

As a long-term investor, one way to manage volatility is to use dollar-cost averaging, buying a set amount of crypto at regular intervals rather than in a lump sum. It’s also important that crypto only make up a small amount of your portfolio, and that you set clear goals to avoid making panic investment decisions.

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Eufy E340 Video Doorbell review: smart, sharp and subscription-free

SMART doorbells are everywhere, but Eufy’s latest model is one of the best out there.

In this Eufy E340 video doorbell review, I’ve put it to the test so you get the real insight into what it’s like to live with.

Eufy Security video doorbell mounted on a brick wall.
The E340 is Eufy’s latest video doorbellCredit: Tom Tyers

Eufy E340 Video Doorbell, £159.99 £109.99 at Amazon

I’ve tested plenty of smart home devices, and video doorbells have become some of the most popular.

But too many lock you into pricey subscriptions or offer poor video quality that feels like a glorified buzzer.

Thankfully, the Eufy E340 is one of the best video doorbells I’ve tried, packed with features that work, and no monthly fees for the pleasure.

Eufy launched back in 2016 as part of Chinese tech giant Anker, and has quickly built a solid reputation in home security.

The E340 arrived in 2024, adding to Eufy’s already impressive lineup of smart doorbells.

It features dual cameras, colour night vision, smart motion detection, and built-in local storage; genuinely smart tech that delivers on its promises.

While it’s not the first doorbell I’ve tested with these features — the Ezviz EP3x Pro I reviewed comes close and even adds solar power —the E340 still manages to stand out.

Read on for my full thoughts on how the E340 performs in real life.

How I tested

eufy Security Video Doorbell E340 box.

6

I was impressed by the Eufy video doorbellCredit: Tom Tyers

Eufy E340 Video Doorbell, £159.99 £109.99 at Amazon

I’ve tested my fair share of smart doorbells, from Ring and Tapo to budget buys, so I’ve got a pretty good feel for what’s worth your money.

For the past couple of months, the Eufy E340 has been stationed on my front porch, which sees a steady stream of parcels and visitors.

It’s had to brave typical UK weather, deal with delivery drivers, and keep up with the comings and goings of a busy family home.

I tried it in all sorts of conditions, day and night, rain and shine, using the Eufy app for alerts to see how well it performs.

After having it watch over my front door for a while, I have to say I’m impressed.

Eufy E340 review: Quickfire Q&A

How much is it? The Eufy E340 will cost you around £160 on its own, or £320 with the HomeBase S380 bundle. It’s a pricey investment upfront, but it’s a one-off cost with no sneaky monthly fees.

Who’s it best for? Anyone serious about home security who’s done with subscription traps and wants to monitor comings and goings.

What we loved: With sharp video and dual cameras for solid coverage, this feels more like a serious security cam. And there are no ongoing charges.

What we didn’t: It’s not the most discreet and not exactly cheap, but sometimes you have to pay for peace of mind.

The Nitty-Gritty

First impressions

Eufy video doorbell E340 unboxing contents.

6

Setup is straightforward and painlessCredit: Tom Tyers

Eufy E340 Video Doorbell, £159.99 £109.99 at Amazon

I expected a solid smart doorbell, but the Eufy E340 felt more like a mini security system.

It’s bigger than most doorbells I’ve tried, thanks to having two cameras stacked vertically.

In the box, you get the E340 unit itself, a mounting kit, a charging cable, and some straightforward setup instructions.

The build feels premium and sturdy. It inspires confidence, unlike some others that just come off cheap and plasticky.

Setting it up was fairly easy. You start by mounting the bracket, then the doorbell just snaps right into place.

It comes with a small security key to remove the unit to charge, which is smart, but you’ll want to keep that key safe; it’s tiny and easy to lose.

Once I downloaded the Eufy app, the rest was a breeze. Just follow the on-screen steps, and you’re up and running in no time.

If you’re going fully wired, there’s a bit more faff involved, but with my battery-powered setup, things were a lot simpler.

Does it deliver?

Two photos of a person holding a black eufy Security doorbell camera.

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It feels like a premium piece of kitCredit: Tom Tyers

Eufy E340 Video Doorbell, £159.99 £109.99 at Amazon

The Eufy E340 was smarter than I expected right out of the box, thanks to the 8GB of onboard storage built into the doorbell.

That’s enough to keep about a month’s worth of footage, depending on how busy your front door is.

You can add a HomeBase later if you want more storage, but I like that it’s an optional add-on, so there’s no extra gadgets to worry about right away.

That said, if you want the HomeBase, be ready to splash out another £159, though it’s really aimed at people who already have a wider ecosystem of Eufy gadgets.

If you just want the doorbell, it’s not a must-have, so you can skip it without missing out.

One feature I like having on hand is Delivery Guard. It doesn’t just notify you when a parcel arrives, it’ll also give you a heads-up if someone’s hanging around your doorstep so you can react.

Thankfully, I’ve not had to experience it in action, but it’s nice knowing it’s got your back.

Plus, with that second camera pointing down, I could always take a quick peek at the doorstep whenever I wanted.

Security camera view of a brick driveway and lawn with a large weeping willow tree.

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The camera quality is excellentCredit: Tom Tyers

Eufy E340 Video Doorbell, £159.99 £109.99 at Amazon

For night vision, you get two choices: a subtle but effective black-and-white IR mode, and a full-colour spotlight mode that lights up faces near your door.

The colour mode does lose a bit of clarity around the edges, but honestly, I’d much rather see who’s there in colour than grey shadows.

The Eufy app ties everything together nicely, and it’s simple to use, quick to pull up live views, and makes it easy to filter clips by date or device.

There wasn’t the two-way talk lag that I’ve experienced on other doorbells like this, so speaking through it felt a lot more natural.

Eufy security app showing doorbell camera feed, visitor count, and quick response options.

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You can use quick responses when you’re in a rushCredit: Tom Tyers

I also liked the quick-reply messages, perfect for those times when you’re busy and can’t have a proper chat but still want to get a message across.

Battery life is solid too, with its 6,500 mAh battery; Eufy says it can last up to six months.

I’ve been using mine for just under two, and I’m nowhere near needing to recharge yet, with about 70% still in the tank.

If you don’t want to worry about charging at all, you can wire it up and forget it. Sadly, I don’t have existing wiring, so that wasn’t an option for me.

It’s true, the E340 isn’t the smallest doorbell around, but it’s definitely one of the sleekest.

It packs a bunch of smart features and sharp video quality without slapping you with subscription fees, just be ready for the upfront cost.

If you want a doorbell that bolsters your home security without any sneaky costs, this one’s a strong contender.

How much is the Eufy E340?

The E340 usually costs £159.99, but right now it’s on sale for £109.99, which feels like a bargain for what you get.

You’re paying mid-to-high-end prices, but with 2K dual cameras, night vision, and local storage included, it’s great value.

Add the HomeBase S380 for another £160 if you want more storage, and the upfront cost does jump quite a bit.

That said, compared to Ring’s ongoing subscription fees for cloud storage, the Eufy starts to look like the smarter long-term deal.

Where to buy the Eufy E340

You can pick up the Eufy E340 as a standalone unit, and right now it’s on sale.

It’s available from most major UK retailers, including:

Eufy E340 alternatives

Blue and pink halftone background

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There are alternatives if you feel the Eufy isn’t for youCredit: Tom Tyers

If the Eufy E340 isn’t quite what you’re after, there are a few solid alternatives worth considering.

The Ring Battery Doorbell Plus offers a sleeker design and sharp video, but just be ready for those subscription fees if you want full access to storage and extra features.

Then there’s the Ezviz EP3x Pro, which packs similar smart features and video quality, plus it throws in solar power for easy, hassle-free charging.

For those on a budget, the Tapo D235 is a decent option with good video and handy features, though it doesn’t have the same level of polish as the Eufy.

Eufy E340 review: The verdict

The Eufy E340 is a smart move for anyone serious about home security, packing in two cameras, crystal-clear video, and zero subscription fees.

Its quality feels more like a proper security cam, so you really get that extra peace of mind it brings.

It’s reliable, sharp, and clever enough not to drive you mad with false alarms.

It’s not the tiniest or cheapest doorbell out there, but it more than makes up for that with reliable performance and value that lasts.

If you’re done with flaky smart doorbells, this one’s a solid investment that won’t let you down.

  • Eufy E340 Video Doorbell, £159.99 £109.99 at Amazon – buy here

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Blake Snell is sharp in Dodgers return, but Rays get the win

Blake Snell nearly had a flawless return from the injured list on Saturday afternoon.

If only the Tampa Bay Rays didn’t have slugger Yandy Díaz, or a quirky short right-field wall at their temporary home at Steinbrenner Field.

Making his first start since the second week of the season, when he went down with a shoulder injury that shelved him, Snell largely looked like the ace the Dodgers thought they were getting when they signed him to a $182-million contract this offseason.

Over a five-inning outing that included eight strikeouts, no walks and a whole bunch of flailing swings by the Rays, the veteran left-hander flashed his two-time Cy Young Award-winning stuff and tantalizing late-season potential for this year.

However, in the Dodgers’ 4-0 loss to the Rays, Snell gave up three runs on a pair of long balls to Díaz — who twice took advantage of the ballpark’s short porch in right field.

“I thought, to be quite frank, he was a victim of this ballpark,” manager Dave Roberts said afterward. “There were a couple fly balls to right field that just went out. … Unfortunately, got a little bit of bad luck.”

After the Rays’ permanent home, Tropicana Field in nearby St. Petersburg, had its canvas roof shredded during Hurricane Milton this winter, the club relocated to Steinbrenner Field for this season; using the New York Yankees’ open-air, Tampa-based spring training park for its home schedule.

Since the 10,000-seat venue was modeled after Yankee Stadium in New York, its defining feature is a short right-field wall (similar to the one in the Bronx) that measures at just 314 feet down the line — eight feet shorter than the dimensions at Tropicana Field.

In the bottom of the first inning, Díaz took full advantage, golfing a 3-1 fastball the other way for a solo home run. According to MLB’s Statcast system, the ball traveled only 326 feet, and would have stayed in play at each of the league’s other 29 stadiums. But not here, and especially not on a sweltering summer afternoon with a first-pitch temperature of 91 degrees.

“I was surprised,” Roberts said of watching Díaz’s ball land in the first row of seats.

“They took advantage of the field,” added right fielder Teoscar Hernández.

Indeed, Díaz repeated the act two innings later; snapping the groove Snell had settled into after retiring seven of the next eight batters, including five on strikeouts.

On a 1-1 fastball that was up in the zone, Díaz launched one to the opposite field again, hitting a two-run blast on a 341-foot fly ball that would’ve been a homer in only two other parks (Yankee Stadium, and Daikin Park in Houston).

“The first homer to Yandy, that was not a good pitch,” Snell said. “On the second homer, I thought that was a really good pitch to him, and it was. Just a good result for him.”

Still, on the whole, Snell offered plenty of promise in his return to action Saturday.

First and foremost, he filled up the strike zone, eliminating his habit of nibbling around the plate by throwing 57 strikes in 86 pitches.

“I was in the zone more than I thought I would’ve been,” he said. “You’re just trying to feel it out again, so I like that.”

And, in another positive development, many of those strikes were of the swing-and-miss variety.

Snell racked up 19 total whiffs, tied for third-most by a Dodgers pitcher in a game this season. Seven came on 12 total swings against his changeup, a key offspeed pitch that showed no signs of rust after his four-month layoff. Five more were courtesy of his slider, with the Rays coming up empty on all five swings against it.

“I was in the zone, I was confident, I knew what I wanted to do,” Snell said. “Overall, first start back, emotions, there’s a lot that I’m dealing with to get better. … But definitely something to build on, learn from.”

In the big picture, after all, the Dodgers’ main priorities for Snell are: 1) Stay healthy; 2) Pitch better than he did at the start of the season, when his bothersome shoulder contributed to two underwhelming outings that marred the beginning of his Dodgers career.

Tampa Bay's Yandy Díaz drops his bat as he watches his solo home run off Dodgers pitcher Blake Snell during the first inning.

Tampa Bay’s Yandy Díaz watches his solo home run off Dodgers pitcher Blake Snell during the first inning Saturday.

(Chris O’Meara / Associated Press)

Down the stretch this season, the Dodgers’ biggest strength might be their rotation. Yoshinobu Yamamoto is in the Cy Young Award conversation. Tyler Glasnow has looked improved since returning from his own shoulder injury. Shohei Ohtani has quickly rediscovered his premium stuff coming off a second career Tommy John procedure. And even Clayton Kershaw has been productive in his 18th season.

The biggest linchpin, though, likely remains Snell — whom the Dodgers targeted this offseason in hopes of avoiding the tightrope they walked last October, when their injury-ravaged rotation was almost completely depleted by the start of the postseason.

“Last year, we found a way to do it, not having that [rotation depth],” Roberts said. “But having the starters healthy, pitching the way they’re capable of, makes it a better quality of life for everyone.”

While the Dodgers had managed in Snell’s absence, maintaining a narrow lead in the National League West despite another prolonged stretch of patchwork pitching, Roberts acknowledged they had missed his “presence” over the first two-thirds of the season.

And after watching from afar how well Snell finished last year — when he rebounded from another extended early-season IL stint with the San Francisco Giants by posting a 1.23 ERA over his last 12 starts, including his first no-hitter exactly one year ago Saturday — Roberts was hopeful the 32-year-old could mount a similar “heater” now.

“He’s really focused,” Roberts said. “I love where his head’s at.”

The results on Saturday might not have been enough to compensate for the Dodgers’ quiet day at the plate — with their lineup managing only six hits and squandering its best opportunity to rally on Hernández’s bases-loaded, inning-ending double-play grounder in the top of the sixth.

But it nonetheless raised hopes about the potential of the team’s late-season rotation, offering a long-awaited glimpse of the kind of dominance Snell could provide to the Dodgers’ push to defend their World Series championship.

“I thought Blake threw the baseball really well today,” Roberts said. “Just kind of seeing him out there, competing, making pitches, it just makes you feel better going forward.”

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