Instant Reaction: Trump’s Global Tariffs Found Illegal by US Appeals Court

Instant Reaction: Trump’s Global Tariffs Found Illegal by US Appeals Court

Most of President Donald Trump’s global tariffs were ruled illegal by a federal appeals court that found he exceeded his authority in imposing them, but the judges let the levies stay in place while the case is subject to further review.

The US Court of Appeals for the Federal Circuit on Friday upheld an earlier ruling by the Court of International Trade that Trump wrongfully invoked an emergency law to issue the tariffs. But the appellate judges sent the case back to the lower court to determine if it applied to everyone affected by tariffs or just the parties involved in the case.

Friday’s 7-4 decision by the Federal Circuit could extend the suspense over whether Trump’s tariffs will ultimately stand. The case had been expected to next go to the Supreme Court for a final ruling. The administration could now turn to the justices, who have largely backed the president on other matters. But the White House could also let the Court of International Trade revisit the matter first.

“ALL TARIFFS ARE STILL IN EFFECT!” Trump said in a post on Truth Social shortly after the decision was issued.

For instant reaction and analysis, Bloomberg Balance of Power cohost Joe Mathieu speaks with Harvard Kennedy School's Ash Center Democracy Visiting Fellow Jeanne Sheehan Zaino and Stonecourt Capital Partner Rick Davis, both Bloomberg politics contributors.

See omnystudio.com/listener for privacy information.

Jaksot(1590)

Gold Soars as US Shutdown Enters Day 8; French Premier Optimistic on Resolving Political Crisis

Gold Soars as US Shutdown Enters Day 8; French Premier Optimistic on Resolving Political Crisis

On today's podcast:1) The Trump administration’s push to deny back pay to federal workers furloughed during the shutdown sets the stage for another round of legal battles over the president’s control ...

8 Loka 202516min

Trump Opens Door to Shutdown Talks; National Guard Deployments Continue

Trump Opens Door to Shutdown Talks; National Guard Deployments Continue

On today's podcast:1) With the US government shutdown closing in on the one week mark, President Trump showed signs of cracking Monday, sending mixed messages about the state of talks with Democrats o...

7 Loka 202517min

French Premier Lecornu Resigns; Trump Pushes for Israel-Hamas Deal

French Premier Lecornu Resigns; Trump Pushes for Israel-Hamas Deal

On today's podcast:1) French Prime Minister Sebastien Lecornu resigned Monday just a day after President Emmanuel Macron named a new cabinet, deepening the country’s political crisis. The premier quit...

6 Loka 202521min

Special Coverage: Hamas Agrees To Release Israeli Hostages

Special Coverage: Hamas Agrees To Release Israeli Hostages

Hamas agreed to release the last of the hostages from its 2023 attack on Israel but said the rest of a US peace plan would be subject to negotiation, a stance that offered uncertain hopes for an end t...

4 Loka 202517min

Daybreak Weekend: Pfizer Deal, Nobel Peace, Golden Week

Daybreak Weekend: Pfizer Deal, Nobel Peace, Golden Week

Bloomberg Daybreak Weekend with Host Tom Busby take a look at some of the stories we'll be tracking in the coming week. In the US – a look ahead to the impact of lumber and timber tariffs on housing,...

3 Loka 202537min

Shutdown Continues with Senate Vote Expected; US-China Trade "Breakthrough"

Shutdown Continues with Senate Vote Expected; US-China Trade "Breakthrough"

On today's podcast:1) The Senate is expected to hold another vote today on a stopgap spending bill to reopen the government into mid-November. It comes as President Trump threatens to slash jobs. The ...

3 Loka 202515min

Trump Plans Shutdown Job Cuts, OpenAI Valuation Soars to $500 Billion

Trump Plans Shutdown Job Cuts, OpenAI Valuation Soars to $500 Billion

On today's podcast:1) White House Budget Director Russell Vought is planning to swiftly dismiss federal workers, a sign that Republicans will lean into hardball tactics to pressure Democrats to cave t...

2 Loka 202515min

Government Shutdown Takes Effect, White House Pulls Antoni BLS Nomination

Government Shutdown Takes Effect, White House Pulls Antoni BLS Nomination

On today's podcast:1) Congress blew past a midnight funding deadline, triggering the US government’s first shutdown in nearly seven years — and the third under President Trump. The White House’s budge...

1 Loka 202515min

Suosittua kategoriassa Liike-elämä ja talous

sijotuskasti
psykopodiaa-podcast
mimmit-sijoittaa
rss-rahapodi
rss-lahtijat
rss-draivi
rss-porssipuhetta
rahapuhetta
oppimisen-psykologia
rss-rahamania
rss-seuraava-potilas
rss-neuvottelija-sami-miettinen
rss-bisnesta-bebeja
rss-paatos-podcast-suomen-kovimmat-paatoksentekijat-2
rss-paasipodi
rss-40-ajatusta-aanesta
taloudellinen-mielenrauha
syo-nuku-saasta
kasvun-kipuja
rss-viisas-raha-podi