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May 29, 2025

Trade Court’s Ruling on Trump Tariffs Sends Stocks Soaring

The legal battle surrounding President Trump’s tariffs took a significant turn on Wednesday night when a U.S. trade court invalidated a majority of his tariffs. This ruling prompted an immediate response from the administration as they filed an appeal, and it ignited a surge in U.S. stock-index futures. The markets reacted positively as investors sought clarity in the face of ongoing trade tensions. With this decision, analysts expect some relief for businesses impacted by these tariffs, hoping it may lead to a more stable economic outlook moving forward. As the appeal progresses, traders will closely monitor developments to anticipate further market movements.

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