Court Halts Trump Tariffs, Upending Trade and Stock Markets

Thursday, May 29, 2025, 8:22 am

A federal court ruling struck down the bulk of President Trump’s tariffs, sending shockwaves through stock market futures and unsettling his trade strategy. The decision has left experts questioning the sustainability of the protectionist measures while markets adjust with cautious optimism.

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theepochtimes.com / Despite Court Ruling, Trump Has More Tariff Levers to Pull, Says Goldman Sachs

The bank outlined several legal avenues the White House could take.

theepochtimes.com / Court’s Tariff Ruling Will Not Impact Ongoing Trade Negotiations: White House Economist

Kevin Hassett said three trade deals are nearly done.

theepochtimes.com / Federal Court Rules Against Trump’s Tariffs; Harvard Vs Trump Administration in Court Today

A federal court said on Wednesday that President Donald Trump exceeded his authority when he declared a national emergency to impose sweeping baseline tariffs on nearly all U.S. trading partners earlier this year. A federal judge will consider on Thursday whether to further block President Donald…

nationalreview.com / The Tariff Power Properly Belongs with Congress

A court decision strikes a blow for the power of the legislature over taxation.

theamericanconservative.com / Trade Court Halts Trump’s Liberation Day Tariffs

State of the Union: The administration is expected to appeal the ruling. The post Trade Court Halts Trump’s Liberation Day Tariffs appeared first on The American Conservative.

foxbusiness.com / White House decries 'judicial overreach' after federal court rejects Trump tariffs

The Trump administration criticizes a court ruling on tariffs as "judicial overreach," arguing it undermines U.S. trade negotiations and national security.

foxbusiness.com / White House economist believes Trump tariff ruling will be overturned as 'three' trade deals are in the works

National Economic Council Director Kevin Hassett argues tariff legalities won't quell three potentially finalized trade deals that are awaiting President Trump's signature.

nypost.com / White House should take court setback as a chance for a reset on tariffs

The court ruling derailing President Donald Trump’s biggest tariff moves gives the White House a chance to rethink its trade approach while the rest of the Trump agenda gets the US economy booming again.

cnbc.com / Trump could ask Supreme Court to halt tariff block as soon as Friday

Trump trade advisor Peter Navarro said the administration has other tariff options available, even if the Court of International Trade ruling stands.

cnbc.com / Trump adviser Hassett is confident tariffs will prevail despite judges' ruling

The comments follow a ruling from judges on the Court of International Trade who said that Trump exceeded his authority on tariffs.

cnbc.com / Why the market could be getting this wrong by rallying on the court blocking Trump's tariffs

Wall Street’s excitement after the latest trade developments may be short lived.

go.com / Stocks climb after court blocks some of Trump's tariffs

The ruling halts tariffs on China and other major U.S. trade partners.

cbsnews.com / Breaking down federal court rulings on Trump tariffs

A federal international trade court ruled that many of President Trump's tariffs exceeded presidential power -- then a federal appeals court reinstated them. What does it mean? Tad DeHaven, policy analyst at the Cato Institute, joins to discuss.

cbsnews.com / Uncertainty continues for Trump tariffs after court ruling

The White House is denouncing a court ruling that halts President Trump's so-called "liberation day" tariffs, but the markets are responding favorably. Kristin Myers, editor-in-chief at ETF.com, joins CBS News to discuss what comes next for the tariffs.

cbsnews.com / White House press secretary reacts to tariff ruling against Trump

White House press secretary Karoline Leavitt voiced her displeasure Thursday after a court halted President Trump's sweeping tariffs on goods imported from almost every foreign nation. CBS News correspondent Natalie Brand has more.

cbsnews.com / Tariff ruling raises questions for U.S. consumers and businesses

A federal court halted most of President Trump's tariffs on foreign nations. Rachel Wolfe, an economics reporter for The Wall Street Journal, joins "CBS News 24/7" with more on what the freeze means for U.S. consumers.

cbsnews.com / Next moves for Trump after court blocks "reciprocal" tariffs

The U.S. Court of International Trade ruled Wednesday that President Trump's sweeping tariffs on goods imported from nearly every foreign nation are illegal. CBS News' Ed O'Keefe and Javier David have the latest.

cbsnews.com / Stocks rise after U.S. trade court blocks Trump's emergency tariffs

Gains after a court blocked President Trump's emergency tariffs got less strong, however, as trading progressed.

cbsnews.com / Trump administration reacts to federal court's ruling on tariffs

The Trump administration released a statement on Thursday following the U.S. Court of International Trade's decision to freeze most of President Trump's tariffs on foreign nations. CBS News' Natalie Brand has more from the White House.

cbsnews.com / What to know about a court order blocking most of President Trump's tariffs

CBS News business analyst Jill Schlesinger joins "CBS Mornings" to explain a federal court's decision to block most of President Trump's tariffs and its potential impact.

cbsnews.com / What to know about Trump's tariffs after court rules them illegal

A federal court on Wednesday froze the April 2 tariffs imposed by President Trump on almost every foreign nation. Here's what that means.

cbsnews.com / Court strikes down Trump's tariffs; Musk announces White House exit

The U.S. Court of International Trade blocked most of President Trump's tariffs, including those levied on "Liberation Day" as well as other tariffs Mr. Trump imposed on China, Mexico and Canada. Additionally, Elon Musk announced that his tenure as a "special government employee" in the Trump…

cbsnews.com / Stock market futures jump after court halts most Trump's tariffs

Surprise court ruling striking down most of President Trump's tariffs on imports could bolster stocks, according to Wall Street analysts.

bloomberg.com / Trump to Appeal Tariffs Ruling While Weighing Other Ways to Implement Levies - Bloomberg.com

Trump to Appeal Tariffs Ruling While Weighing Other Ways to Implement Levies  Bloomberg.com

bloomberg.com / US Says It May Take Trump Tariff Case to Supreme Court Friday - Bloomberg

US Says It May Take Trump Tariff Case to Supreme Court Friday  Bloomberg

bloomberg.com / Fed’s Goolsbee Sees Lower Interest Rates If Tariffs Fade Away - Bloomberg

Fed’s Goolsbee Sees Lower Interest Rates If Tariffs Fade Away  Bloomberg

bloomberg.com / Trump’s Trade Strategy Upended After Court Blocks Global Tariffs - Bloomberg.com

Trump’s Trade Strategy Upended After Court Blocks Global Tariffs  Bloomberg.com

cnn.com / A telling judicial rebuke of Trump’s tariffs – from another Trump appointee - CNN

A telling judicial rebuke of Trump’s tariffs – from another Trump appointee  CNN

cnn.com / Trump’s tariffs in jeopardy: What it means for prices and a recession - CNN

Trump’s tariffs in jeopardy: What it means for prices and a recession  CNN

alternet.org / 'It's raining tacos': Gavin Newsom joins in on mocking Trump with viral nickname

Democratic governors and attorneys general quickly embraced Thursday’s two court decisions against President Donald Trump's sweeping global tariffs as validation of their concerns over the economic impact of escalating prices on everyday goods, Politico reported Thursday. On Wednesday, the U.S.…

alternet.org / 'Constitution isn't a suggestion': Trump adviser mocked following 'judicial tyranny' claim

President Donald Trump's tariffs suffered a setback when, on Wednesday, May 28, the U.S. Court of International Trade in Manhattan blocked most of the tariffs that he is imposing on the United States' trading partners — saying that the U.S. Constitution gives Congress the power to regulate trade. A…


permalink / 31 stories from sources in 2 days ago #trump #supremecourt #trade #tariffs




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