Trump, tariff and Court
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The Trump administration appealed a ruling by a federal trade court invalidating many of the president’s recent tariffs.
Most of President Trump’s tariffs were halted late Wednesday by a U.S. trade court in a sharp rebuke of the president’s signature trade war policy.
A federal court on Wednesday blocked President Donald Trump’s efforts to issue a range of tariffs under an emergency powers statute.
A federal court strikes down Trump’s tariffs … Nvidia knocks it out of the park again … the TACO trade is here… specific AI stocks to buy now… As I write Thursday near noon, the markets are digesting two big headlines from yesterday afternoon.
The vast majority of President Donald Trump’s global tariffs were deemed illegal and blocked by the US trade court, dealing a major blow to a pillar of his economic agenda.
Two courtroom defeats dealt a blow to President Donald Trump’s strategy, even as an appeals court reinstated existing tariffs.