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(1601)

Eagles Defeat Chiefs 40-22; Trump Plans Tariffs on Steel, Aluminum Imports

Eagles Defeat Chiefs 40-22; Trump Plans Tariffs on Steel, Aluminum Imports

On today's podcast: 1) Eagles Defeat Chiefs 40-22 To Win Their Second Super Bowl A ferocious Philadelphia Eagles defense tormented and frustrated Patrick Mahomes while Hurts made all the plays the of...

10 Helmi 202516min

Daybreak Weekend: US CPI, Paris AI Summit, Trade War

Daybreak Weekend: US CPI, Paris AI Summit, Trade War

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 at U.S CPI and Retail sales data, along with quarterly earnings ...

7 Helmi 202538min

Trump's Fed Worker Buyout Plan on Hold; Amazon Can't Keep Up with AI Demand

Trump's Fed Worker Buyout Plan on Hold; Amazon Can't Keep Up with AI Demand

On today's podcast: 1) Judge Temporarily Halts Trump, Musk Federal Worker ‘Buyout’ A judge temporarily delayed the deadline for millions of federal workers to decide whether to accept the Trump admini...

7 Helmi 202526min

Trump Budget and Gaza Strategy Fallout; Bessent Says Trump Wants Lower 10-Year Yields

Trump Budget and Gaza Strategy Fallout; Bessent Says Trump Wants Lower 10-Year Yields

On today's podcast: 1) GOP Senators Break With House Over Trump’s Budget Strategy 2) Musk ‘Buyout’ Taken by 40,000 Federal Workers as Deadline Nears 3) Bessent Says Trump Wants Lower 10-Year Yields, N...

6 Helmi 202517min

Trump's Gaza Proposal; China Weighs Probe into Apple

Trump's Gaza Proposal; China Weighs Probe into Apple

On today's podcast: 1) President Trump calls for US to take over the Gaza Strip 2) Apple caught in cross hairs of US-China trade tensions 3) Tech shares lower on disappointing earnings from Alphabet a...

5 Helmi 202517min

China Hits Back Against Trump’s Tariffs; Netanyahu-Trump Meeting

China Hits Back Against Trump’s Tariffs; Netanyahu-Trump Meeting

On today's podcast: 1) China Hits Back Against Trump’s Tariffs With Targeted Actions 2) UBS Extends Decline as Executives Discuss Capital Rules 3) Netanyahu Set for Trump Meeting With Fragile Grip on ...

4 Helmi 202517min

Trump Imposes Tariffs; Dollar Surges on New Tariffs

Trump Imposes Tariffs; Dollar Surges on New Tariffs

On today's podcast: 1) President Trump says Americans could feel economic pain as he readies for trade war 2) The dollar surges to a two year high as Canada, Mexico, and China brace for new duties 3)...

3 Helmi 202517min

Daybreak Weekend: Job Report, Earnings Season, DeepSeek

Daybreak Weekend: Job Report, Earnings Season, DeepSeek

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: We look ahead to the January Jobs report and preview some big tech earni...

1 Helmi 202538min

Suosittua kategoriassa Liike-elämä ja talous

sijotuskasti
mimmit-sijoittaa
psykopodiaa-podcast
rss-rahapodi
ostan-asuntoja-podcast
pomojen-suusta
rss-rahamania
rss-draivi
inderespodi
herrasmieshakkerit
rss-sami-miettinen-neuvottelija
rahapuhetta
rss-myyntikoulu
rss-seuraava-potilas
taloudellinen-mielenrauha
kasvun-kipuja
rss-lahtijat
rss-asuntosalkku-kasvussa-podcast
rss-paasipodi
rss-viisas-raha-podi