Tag #Tariffs

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edition.cnn.com

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May 30, 07:12

Court Ruling Jeopardizes Trump's Tariff Policy

A US Court ruled President Trump lacked authority to impose tariffs under emergency powers; a temporary stay was granted until June 9th, jeopardizing numerous trade deals and creating uncertainty for businesses and international partners.

Court Ruling Jeopardizes Trump's Tariff Policy

A US Court ruled President Trump lacked authority to impose tariffs under emergency powers; a temporary stay was granted until June 9th, jeopardizing numerous trade deals and creating uncertainty for businesses and international partners.

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What is the immediate impact of the court ruling on President Trump's tariff policy and international trade negotiations?

A US Court of International Trade ruling deemed President Trump lacked the authority to impose sweeping tariffs under emergency powers. The administration successfully obtained a temporary stay, preserving the tariffs until June 9th, but faces potential challenges finding alternative legal grounds. This legal setback significantly threatens Trump's economic agenda both domestically and internationally.

forbes.com

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May 30, 01:12

Fed Holds Rates Steady Amid Tariff Uncertainty

The Federal Reserve's May 2025 meeting minutes revealed a decision to hold interest rates steady, despite increased inflation projections linked to tariffs, due to concerns about employment and uncertainty surrounding future trade policy. The staff projects inflation to decrease to 2 percent by 2027...

Fed Holds Rates Steady Amid Tariff Uncertainty

The Federal Reserve's May 2025 meeting minutes revealed a decision to hold interest rates steady, despite increased inflation projections linked to tariffs, due to concerns about employment and uncertainty surrounding future trade policy. The staff projects inflation to decrease to 2 percent by 2027...

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What are the potential long-term consequences of tariff-related uncertainty on the Fed's monetary policy and the broader economy?

The uncertainty surrounding tariffs poses a significant challenge to the Fed's monetary policy. Court challenges to the tariffs highlight the unpredictability of future trade policy, potentially causing further economic uncertainty and influencing the timing and magnitude of future interest rate adjustments. This uncertainty may trigger a series of small interest rate cuts in the second half of 2025.

lexpress.fr

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May 30, 10:11

EU Faces 50% US Tariffs, Seeks Unified Response

President Trump's renewed trade war against the EU, threatening 50% tariffs from June 1st, has been temporarily suspended until July 9th following intervention by the European Commission. The EU now faces a difficult challenge of creating a unified response leveraging its new anti-coercion regulatio...

EU Faces 50% US Tariffs, Seeks Unified Response

President Trump's renewed trade war against the EU, threatening 50% tariffs from June 1st, has been temporarily suspended until July 9th following intervention by the European Commission. The EU now faces a difficult challenge of creating a unified response leveraging its new anti-coercion regulatio...

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How might the EU's recently adopted anti-coercion regulation influence the outcome of trade negotiations with the US?

President Trump's strategy is to employ aggressive tactics to pressure the EU into negotiations. The EU's complex structure and multiple voices make a swift, united response difficult, necessitating a coordinated plan before the July 9th deadline. This situation highlights the challenges of navigating trade conflicts with a large, multifaceted entity like the EU.

news.sky.com

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May 30, 07:13

Appeals Court Temporarily Upholds Trump's Tariffs

A federal appeals court temporarily blocked a lower court ruling that deemed President Trump's sweeping international tariffs unconstitutional, allowing the tariffs to remain in place while an appeal is considered; the lower court cited the Constitution, stating Congress has the power to levy taxes ...

Appeals Court Temporarily Upholds Trump's Tariffs

A federal appeals court temporarily blocked a lower court ruling that deemed President Trump's sweeping international tariffs unconstitutional, allowing the tariffs to remain in place while an appeal is considered; the lower court cited the Constitution, stating Congress has the power to levy taxes ...

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How did the lower court's ruling challenge President Trump's authority, and what legal basis did they cite?

The conflict highlights the constitutional debate over presidential authority on trade policy. The lower court ruled that Congress, not the president, holds the power to levy taxes and tariffs, citing the Constitution. President Trump's invocation of the 1977 International Emergency Economic Powers Act to justify the tariffs was deemed excessive by the lower court but temporarily upheld by the appeals court, setting the stage for further legal challenges.

french.china.org.cn

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May 30, 10:11

China Demands End to US Tariffs Following Court Ruling

Following a US International Trade Court ruling against US tariffs on China, China's Commerce Ministry spokesperson He Yongqian urged the US to fully abandon its unilateral tariff practices, citing negative impacts on global trade and calling for adherence to the Geneva talks' consensus.

China Demands End to US Tariffs Following Court Ruling

Following a US International Trade Court ruling against US tariffs on China, China's Commerce Ministry spokesperson He Yongqian urged the US to fully abandon its unilateral tariff practices, citing negative impacts on global trade and calling for adherence to the Geneva talks' consensus.

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How has China responded to the US's use of export controls in the semiconductor sector?

China argues that these unilateral tariffs haven't solved US problems, instead disrupting international trade and harming consumers. The spokesperson highlighted the court ruling as evidence supporting China's stance against protectionism.

dw.com

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May 30, 10:11

German Minister Warns Against New US Tariffs

German Foreign Minister Johann Wadephul warned against new US trade tariffs, highlighting potential harm to both the US and Europe, amid ongoing legal challenges and threats of further tariffs.

German Minister Warns Against New US Tariffs

German Foreign Minister Johann Wadephul warned against new US trade tariffs, highlighting potential harm to both the US and Europe, amid ongoing legal challenges and threats of further tariffs.

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How do the recent US court rulings on tariffs affect the broader context of transatlantic relations?

Wadephul's statement reflects growing concerns about escalating trade tensions between the US and Europe. The temporary reinstatement of tariffs, despite a lower court ruling against them, underscores the complexity and potential for further disruption.

us.cnn.com

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May 30, 01:11

Court Blocks Trump Tariffs, Citing Separation of Powers

A US federal court blocked President Trump's use of a 1977 law to impose tariffs, citing separation-of-powers concerns and legal theories previously used to limit President Biden's actions; the ruling is under appeal.

Court Blocks Trump Tariffs, Citing Separation of Powers

A US federal court blocked President Trump's use of a 1977 law to impose tariffs, citing separation-of-powers concerns and legal theories previously used to limit President Biden's actions; the ruling is under appeal.

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What are the potential implications of this ruling on US foreign policy and international trade relationships?

The ruling hinges on the "major questions doctrine," requiring Congress to explicitly authorize significant presidential actions. This doctrine, recently used to block Biden's student loan forgiveness and limit the EPA's power, is now influencing challenges to Trump's tariffs. The court also referenced the "nondelegation doctrine," limiting Congress's ability to delegate power to agencies.

china.org.cn

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May 30, 10:11

U.S. Stocks Rise Despite Economic Uncertainty

U.S. stocks rose on Thursday following Nvidia's strong first-quarter earnings and a federal appeals court's temporary reinstatement of Trump-era tariffs, despite rising jobless claims and a revised GDP contraction.

U.S. Stocks Rise Despite Economic Uncertainty

U.S. stocks rose on Thursday following Nvidia's strong first-quarter earnings and a federal appeals court's temporary reinstatement of Trump-era tariffs, despite rising jobless claims and a revised GDP contraction.

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What was the market's immediate response to Nvidia's earnings and the court ruling on tariffs?

U.S. stocks closed higher on Thursday, with the Dow Jones, S&P 500, and Nasdaq all posting gains. Nvidia's strong earnings and a federal appeals court temporarily reinstating Trump-era tariffs boosted investor sentiment. However, Best Buy lowered its outlook due to tariff-related uncertainty.

nbcnews.com

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May 30, 10:11

Stalled U.S.-China Trade Talks Require Direct Leadership Intervention

U.S. Treasury Secretary Scott Bessent stated that U.S.-China trade talks are stalled and require direct communication between President Trump and President Xi, despite a May agreement to temporarily roll back tariffs. Disagreements persist over tech restrictions and rare earth exports, leading to fu...

Stalled U.S.-China Trade Talks Require Direct Leadership Intervention

U.S. Treasury Secretary Scott Bessent stated that U.S.-China trade talks are stalled and require direct communication between President Trump and President Xi, despite a May agreement to temporarily roll back tariffs. Disagreements persist over tech restrictions and rare earth exports, leading to fu...

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What are the immediate impacts of the stalled U.S.-China trade talks?

U.S.-China trade talks are stalled, requiring direct communication between leaders. A breakthrough agreement in May rolled back tariffs temporarily, but disagreements persist over tech restrictions and rare earth exports. The U.S. has imposed new visa restrictions on Chinese students, further escalating tensions.

smh.com.au

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May 30, 01:12

Tariff Ruling Creates Market Volatility

A court ruling partially reinstating President Trump's tariffs caused initial global stock market surges, but Wall Street saw more muted gains, reflecting ongoing uncertainty; the S&P 500 rose 0.4 percent while Asian markets saw gains of up to nearly 2 percent.

Tariff Ruling Creates Market Volatility

A court ruling partially reinstating President Trump's tariffs caused initial global stock market surges, but Wall Street saw more muted gains, reflecting ongoing uncertainty; the S&P 500 rose 0.4 percent while Asian markets saw gains of up to nearly 2 percent.

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What was the immediate market reaction to the court ruling on President Trump's tariffs, and what does this reveal about investor sentiment and the global impact of trade policy?

Following a court ruling partially reinstating tariffs, global stock markets initially surged, with Asian markets seeing gains of up to nearly 2 percent. However, Wall Street's reaction was more muted, with the S&P 500 rising by only 0.4 percent after an initial surge, reflecting ongoing uncertainty.

foxnews.com

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May 30, 07:13

Trump Tariffs Temporarily Stayed Amidst Legal Challenges

A federal appeals court temporarily blocked a lower court ruling against President Trump's tariffs, which twelve states claim are illegal and harm the U.S. economy; Trump responded angrily on social media, criticizing the judges and the Federalist Society.

Trump Tariffs Temporarily Stayed Amidst Legal Challenges

A federal appeals court temporarily blocked a lower court ruling against President Trump's tariffs, which twelve states claim are illegal and harm the U.S. economy; Trump responded angrily on social media, criticizing the judges and the Federalist Society.

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What role did the Federalist Society play in the selection of judges involved in this case, and how does this influence Trump's criticism?

President Trump reacted angrily on social media, questioning the impartiality of the judges who ruled against his tariffs and criticizing the Federalist Society for recommending judges he now deems unsuitable. He alleges political bias in the court decision and expressed hope for Supreme Court intervention.

abcnews.go.com

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May 30, 01:12

Federal Court Strikes Down Trump Tariffs, White House Vows Supreme Court Appeal

A federal court ruled President Trump's global tariffs unlawful, prompting a White House condemnation and vow to appeal to the Supreme Court; a temporary stay allows tariffs to remain in effect.

Federal Court Strikes Down Trump Tariffs, White House Vows Supreme Court Appeal

A federal court ruled President Trump's global tariffs unlawful, prompting a White House condemnation and vow to appeal to the Supreme Court; a temporary stay allows tariffs to remain in effect.

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What are the immediate implications of the court ruling against President Trump's tariffs, and how does it affect US trade policy?

The Court of International Trade deemed President Trump's global tariffs unlawful, contradicting his assertion that they were necessary for national security. A federal appeals court temporarily blocked this ruling, but the White House strongly condemned the initial decision, calling it judicial overreach and vowing a Supreme Court appeal.

Showing 181 to 192 of 3,193 results