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)

Deadly LA Fires Rage On; Supreme Court Allows Trump Sentencing

Deadly LA Fires Rage On; Supreme Court Allows Trump Sentencing

On today's podcast: 1) Firefighters begin to make progress as the death toll rises in the Los Angeles wildfires 2) The Supreme Court refuses to stand in the way of Donald Trump's hush money sentencing...

10 Tammi 202516min

Instant Reaction: Supreme Court Allows Trump Sentencing

Instant Reaction: Supreme Court Allows Trump Sentencing

A divided US Supreme Court cleared the way for President-elect Donald Trump’s sentencing in his hush money criminal case, dealing him a setback as he prepares to begin his second term in office. For r...

10 Tammi 20259min

LA Under Siege as New Fire Burns; Remembering Jimmy Carter

LA Under Siege as New Fire Burns; Remembering Jimmy Carter

On today's podcast: 1) Los Angeles Under Siege as New Fire Burns in Hollywood Hills 2) Wall Street Job Losses May Top 200,000 as AI Replaces Roles 3) Remembering Jimmy CarterSee omnystudio.com/listene...

9 Tammi 202517min

LA Wildfires Burn Out of Control; Trump’s Panama and Greenland Threats

LA Wildfires Burn Out of Control; Trump’s Panama and Greenland Threats

On today's podcast: 1) Los Angeles Ramps Up Evacuations as Palisades Fire Grows 2) Trump’s Panama, Greenland Threats Signal Unchained Second Term 3) JPMorgan Planning to Bring Staff to Office Five Day...

8 Tammi 202516min

Nvidia's AI Future; Trump Aims to Block Key Report

Nvidia's AI Future; Trump Aims to Block Key Report

On today's podcast: 1) Nvidia rolls out a vision for an AI future at the Consumer Electronics Show 2) Former Bank of England Governor Mark Carney says he's considering a run to be Canada's Prime Minis...

7 Tammi 202517min

Congress Meets to Certify Trump's Victory; NYC Congestion Pricing Begins

Congress Meets to Certify Trump's Victory; NYC Congestion Pricing Begins

On today's podcast: 1) Trump Weighs Jan. 6 Clemency With Congress Set to Ratify His Win 2) NYC Congestion Pricing Off to Quiet Start Before Monday Commute 3) Canada’s Trudeau Is Likely to Resign This ...

6 Tammi 202516min

Daybreak Weekend: US Jobs, UK Food and Culture, China Economy

Daybreak Weekend: US Jobs, UK Food and Culture, China Economy

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 preview of the December jobs report and Delta Airlines earnings. In t...

4 Tammi 202538min

Special Coverage: Mike Johnson Wins House Speaker Vote

Special Coverage: Mike Johnson Wins House Speaker Vote

Republican Mike Johnson won reelection as House speaker, overcoming resistance from a small but pivotal group of conservative hardliners after a flurry of last-minute talks and with the help of a crit...

3 Tammi 202518min

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