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.
President Donald Trump was visibly irritated during a press event after being asked about Wall Street’s trending term “TACO Trade” — short for “Trump Always Chickens Out.” The phrase, used by investors to suggest that Trump backs down under market pressure, triggered a fiery exchange....
Iran has dismissed US President Donald Trump’s proposal for a nuclear deal that would allow America to enter Iranian facilities and “blow up” selected infrastructure as pure fantasy. Top Iranian..
On today’s MeidasTouch Podcast: A federal appeals court has paused a landmark ruling from the U.S. Court of International Trade that had blocked Trump’s unconstitutional tariffs—what’s next in..
A senior EU official claims President Trump is hesitating to confront Vladimir Putin over Ukraine, prioritizing a potential diplomatic reset with Russia over ending the war. Despite condemning..
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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