Trump, Tariffs and Court order
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39mon MSN
A cloud hangs over the global economy, experts have warned, after a bombshell court ruling blocked Donald Trump’s tariffs, creating more “confusion and uncertainty”.Financial markets reacted positively to the unanimous ruling by three judges,
President Donald Trump’s top economic advisers stressed Sunday that they would not be deterred by a recent court decision that declared many of the administration’s tariffs to be illegal, as they pointed out a variety of additional
Homebuilder stocks rallied on Thursday, in a sign that residential construction will benefit from the ruling striking down Trump's tariffs.
U.S. Commerce Secretary Howard Lutnick downplayed the impact of legal uncertainty around U.S. tariffs on negotiations with the European Union during an interview with Fox News Sunday, saying talks were ongoing.
Even if courts block many of President Trump’s tariffs, households would still lose an estimated $950 in purchasing power a year, a Yale analysis shows.
Commerce Secretary Howard Lutnick insisted Sunday a court fight over President Donald Trump's tariff power won't blunt the administration's leverage as it works on trade deals with key partners ahead of a July deadline.