The challenge to Delaware’s corporate dominance

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  Good morning from the Financial Times.

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  Today is Thursday, May 29th, and this is your FT News Briefing.

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  NVIDIA is still riding high on the AI wave,

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  and the Trump administration is playing rough with Venezuela.

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  Plus, Delaware was the spot for companies to incorporate.

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  Now, Nevada and Texas are challenging that.

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  I'm Mark Filippino, and here's the news you need to start your day.

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  A U.S. court invalidated President Donald Trump's so-called Liberation Day tariff scheme yesterday.

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  The move could throw Trump's global trade policy into disarray.

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  The U.S.

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  Court of International Trade found that the president did not have the power to introduce the levies using emergency economic powers legislation.

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