US Court Blocks Trump’s Tariffs, Signaling Major Economic Shift
In a landmark ruling, a U.S. court has declared that a significant portion of tariffs imposed by President Trump are an overreach of presidential authority. The Court found that these levies, including reciprocal tariffs linked to the Emergency Economic Powers Act, are unlawful. The White House has indicated plans to appeal the decision. This ruling could have far-reaching implications for trade relations and economic policy, potentially reshaping how tariffs are implemented in the future. Investors must stay alert as this development may prompt shifts in market dynamics and corporate strategies.