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(1596)

Deadly Flash Floods Devastate Texas; Trump Tariff Deadline Looms

Deadly Flash Floods Devastate Texas; Trump Tariff Deadline Looms

On today's podcast: 1) More than 80 people die in flash floods across Texas as search and rescue efforts continue. A catastrophic flood in Kerrville, Texas, caused by torrential rains, has resulted i...

7 Heinä 202515min

Daybreak Weekend: Summer Travel, Jamie Dimon, China Data

Daybreak Weekend: Summer Travel, Jamie Dimon, China Data

Bloomberg Daybreak Weekend with Tom Busby takes a look at some of the stories we'll be tracking in the coming week. In the US – a look ahead to Delta earnings and a summer travel outlook. In the UK ...

4 Heinä 202538min

Holiday Special: 2025 Tech Trends with Ives and Munster

Holiday Special: 2025 Tech Trends with Ives and Munster

In a special July 4th edition of Bloomberg Daybreak...Bloomberg’s Nathan Hager looks at the biggest tech stories from 2025 and what we can expect for the rest of the year. He speaks with Gene Munster ...

4 Heinä 202538min

Trump Tax Bill Passes Key Hurdle; Traders Await June Jobs Report

Trump Tax Bill Passes Key Hurdle; Traders Await June Jobs Report

On today's podcast: 1) President Trump twists arms in Congress to pass his tax cut bill as House Republicans overcome a key hurdle. The House voted 219-213 to move toward a final vote on Trump's "big ...

3 Heinä 202516min

Tax Bill Hits Republican Resistance; Trump's Tariff Threats Continue

Tax Bill Hits Republican Resistance; Trump's Tariff Threats Continue

On today's podcast: 1) Donald Trump’s multitrillion-dollar tax bill is running into Republican resistance in the House as moderate and ultraconservative GOP lawmakers threaten to defy the president an...

2 Heinä 202516min

Senate Pulls All-Nighter on Tax Bill; Trump Takes Aim at Musk

Senate Pulls All-Nighter on Tax Bill; Trump Takes Aim at Musk

On today's podcast: 1) Senate Republican leaders continue to scrounge for votes to pass Donald Trump’s $3.3 trillion tax and spending bill as lingering intraparty fights threaten to upend the legislat...

1 Heinä 202516min

Senate Republicans Race to Finish Tax Cut Bill; Stocks at All-Time Highs

Senate Republicans Race to Finish Tax Cut Bill; Stocks at All-Time Highs

On today's podcast: 1) Senate Majority Leader John Thune is rushing to meet President Donald Trump’s July 4 deadline for pushing through his massive tax and spending bill, but first he has to work thr...

30 Kesä 202516min

Daybreak Weekend: Jobs Preview, France Conference, China-Iran Relations

Daybreak Weekend: Jobs Preview, France Conference, China-Iran Relations

Bloomberg Daybreak Weekend with Tom Busby takes a look at some of the stories we'll be tracking in the coming week. In the US – a look ahead to the June jobs report and commodities outlook. In the UK...

27 Kesä 202539min

Suosittua kategoriassa Liike-elämä ja talous

sijotuskasti
mimmit-sijoittaa
psykopodiaa-podcast
rss-rahapodi
rss-draivi
oppimisen-psykologia
rss-rahamania
rss-seuraava-potilas
taloudellinen-mielenrauha
rss-porssipuhetta
rss-lahtijat
rss-inderes
rss-sami-miettinen-neuvottelija
pomojen-suusta
rss-h-asselmoilanen
rss-bisnesta-bebeja
rss-viisas-raha-podi
asuntoasiaa-paivakirjat
rss-paatos-podcast-suomen-kovimmat-paatoksentekijat-2
rss-bisnespaiva