Asian markets climb, US Futures rise after trade court blocks Trump's sweeping tariffs
Thursday, 29 May 2025 Asian shares and US futures experienced a surge following a court ruling that temporarily blocked President Trump's ability to impose sweeping tariffs under emergency powers. Japan's Nikkei 225 index advanced, and the dollar rose against the yen. The ruling's impact on trade talks and ongoing inflation concerns, as highlighted in the Federal Reserve minutes, remains a key factor.
Trump launched a blistering attack on the U.S. Court of International Trade after it ruled against his proposed tariffs, accusing judges of acting out of personal hatred. In a fiery Truth Social post, Trump also turned his ire toward Leonard Leo of the Federalist Society, calling him a...
At the G7 Summit in Canada, President Trump and British PM Keir Starmer announced a new trade agreement lowering some tariffs on U.K. goods. The deal removes duties on aerospace products and offers..
Sir Keir Starmer has said he will meet US President Donald Trump for “one-on-one” talks at a major global summit in a push to get the US-UK trade deal over the finish line. The prime minister said..
India is racing against time to seal a crucial trade agreement with the United States before the 90-day pause on reciprocal tariffs ends on July 9. External Affairs Minister S. Jaishankar, currently on..
A federal court has blocked President Trump's sweeping tariffs imposed under emergency powers, questioning his authority and trade policies. The ruling, stemming... IndiaTimes
Thursday, 29 May 2025
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