Trump, Tariff and Appeals court
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President Trump’s top economic advisers stressed on Sunday that they would not be deterred by a recent court decision declaring many of the administration’s tariffs to be illegal, pointing to other authorities the White House could invoke to pressure China and other nations into trade negotiations.
U.S. stock futures were little changed Friday ahead of key inflation data, while shares in Asia ended lower and European bourses were mixed.
The Administration has filed an appeal after it was dealt a major blow that would invalidate most of its global tariffs.
Trump and his aides have repeatedly shifted their stance on tariffs in the weeks since the president’s “Liberation Day” announcement.
On May 28, a U.S. federal trade court issued a decision with a monumental impact on global economies. In a landmark decision, the
"This ruling protects American businesses from the destabilizing effects of volatile, unilaterally imposed tariffs."
A US federal court’s ruling late Wednesday against President Donald Trump’s authority to levy some of his most sweeping tariffs may have also dealt a serious blow to the president’s entire economic agenda.
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
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Cabrera, MAI Capital’s Chris Grisanti and Longview Global’s Dewardric McNeal, join 'Power Lunch' to discuss Elon Musk's sendoff from DOGE, challenges with China negotiations and much more.
A surprise truce in a spiraling tariff war between the US and China last week was hailed by Chinese pundits as a success for the country. But Beijing is gearing up for a rocky path in relations, and negotiations,