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 Trump pushed back after being mocked on Wall Street with the nickname "TACO trade"—short for "Trump Always Chickens Out"—a dig at his inconsistent tariff strategies. During a press exchange on May 28, Trump defended delaying steep tariffs on China and the EU, calling the jab unfair. The...
U.S. President Donald Trump claims his tariffs triggered civil unrest and factory shutdowns in China, forcing him to strike a rushed deal to stabilize their economy. Trump now accuses Beijing of..
A shocking U.S. court submission reveals the Trump administration claimed to broker a 2025 ceasefire between India and Pakistan using trade deals. Commerce Secretary Howard Lutnick stated access to..
A federal court has blocked President Trump's sweeping tariffs imposed under emergency powers, questioning his authority and trade policies. The ruling, stemming... IndiaTimes
After a federal appeals court paused a trade court's ruling that found most of President Donald Trump's sweeping tariffs unconstitutional, U.S. markets,... Upworthy
United States stock futures were little changed on Friday as markets awaited further developments regarding the Trump administration's trade policy. Yesterday, a... Upworthy
Thursday, 29 May 2025 ()
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