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)

Daybreak Weekend: The Future of the Fed, UK Private Markets, Miran's Impact Overseas

Daybreak Weekend: The Future of the Fed, UK Private Markets, Miran's Impact Overseas

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 – how The K-Shaped Recession Hasn’t Hurt US Equities...Yet In the UK ...

19 Syys 202538min

Trump's War on Media Expands; Trump, Xi to Hold Call

Trump's War on Media Expands; Trump, Xi to Hold Call

On today's podcast:1) The president threatens TV networks that criticize him after Jimmy Kimmel's suspension. President Trump has said US broadcast networks should face scrutiny over their licenses if...

19 Syys 202515min

ABC Suspends Jimmy Kimmel; Trump's UK Visit Shifts From Pomp to Politics

ABC Suspends Jimmy Kimmel; Trump's UK Visit Shifts From Pomp to Politics

On today's podcast: 1) Walt Disney Co.’s ABC network is taking Jimmy Kimmel Live! off the air indefinitely amid a backlash to remarks the late-night host made about the killing of Republican activist ...

18 Syys 202515min

Trump's Historic UK Visit; Highly Anticipated Fed Decision

Trump's Historic UK Visit; Highly Anticipated Fed Decision

On today's podcast: 1) The UK has shelved its talks with the US aimed at eliminating tariffs on British steel, in a recognition that giving Donald Trump the honor of a rare second state visit wouldn’t...

17 Syys 202516min

Judge Blocks Trump Bid to Fire Cook; President Trump Sues NY Times

Judge Blocks Trump Bid to Fire Cook; President Trump Sues NY Times

On today's podcast: 1) An appeals court blocked the White House from removing Federal Reserve Governor Lisa Cook from her post for now, allowing her to continue working while her lawsuit challenging P...

16 Syys 202515min

US-China Trade Talks and TikTok; Hochul Endorses Mamdani

US-China Trade Talks and TikTok; Hochul Endorses Mamdani

On today's podcast: 1) US and Chinese representatives discussed TikTok, trade and the economy during high-level talks in Madrid. The talks included national security issues and the status of ByteDance...

15 Syys 202515min

 Daybreak Weekend: Fed Decision, Trump UK Visit, BOJ Policy

Daybreak Weekend: Fed Decision, Trump UK Visit, BOJ Policy

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 next Fed decision and earnings from FedEx. In t...

12 Syys 202538min

FBI Releases Video Clip of Suspect in Charlie Kirk Killing; President Trump Will Attend Funeral

FBI Releases Video Clip of Suspect in Charlie Kirk Killing; President Trump Will Attend Funeral

1) The suspect in the killing of Charlie Kirk slipped behind a building, braced himself on the roof and swung off the edge, hitting the ground hard and leaving behind palm smudges and a shoe print. He...

12 Syys 202516min

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