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.

Avsnitt(1589)

Trump Suspends US Green Card Lottery After Brown, MIT Attacks; DOJ Faces Epstein Files Deadline

Trump Suspends US Green Card Lottery After Brown, MIT Attacks; DOJ Faces Epstein Files Deadline

On today's podcast:1) Officials have found the dead body of the suspected shooter in a Brown University rampage and the murder of a Massachusetts Institute of Technology professor in his Boston-area h...

19 Dec 202515min

Trump Targets Price Anxiety in Primetime Address; US Approves $11 Billion Arms Sale to Taiwan

Trump Targets Price Anxiety in Primetime Address; US Approves $11 Billion Arms Sale to Taiwan

On today's podcast:1) President Trump looked to reassure Americans concerned about the rising cost of living by announcing plans to award a special holiday payment to military service members and roll...

18 Dec 202520min

Trump Orders Sanctioned Oil Tanker Blockade in Venezuela; US Readies New Russia Sanctions

Trump Orders Sanctioned Oil Tanker Blockade in Venezuela; US Readies New Russia Sanctions

On today's podcast:1) President Trump ordered a blockade of sanctioned oil tankers going into and leaving Venezuela, ratcheting up pressure on Caracas as the US builds up its military presence in the ...

17 Dec 202515min

US Offers Ukraine Security Guarantee; Brown University Shooter Remains at Large

US Offers Ukraine Security Guarantee; Brown University Shooter Remains at Large

On today's podcast:1) US negotiators offered more significant security guarantees to Kyiv as part of President Trump’s renewed push to end the Russia-Ukraine war, but the effort still appeared part of...

16 Dec 202517min

Brown University Shooting; Australia Eyes Tougher Gun Laws After Hanukkah Attack

Brown University Shooting; Australia Eyes Tougher Gun Laws After Hanukkah Attack

On today's podcast: 1) Brown University, mourning two students killed during a shooting rampage Saturday, sent students home and called off final exams, classes and assignments for the fall semester...

15 Dec 202515min

Daybreak Weekend: Jobs Preview, Paris Conference, BOJ Decision

Daybreak Weekend: Jobs Preview, Paris Conference, BOJ Decision

Bloomberg Daybreak Weekend with Host Nathan Hager take a look at some of the stories we'll be tracking in the coming week. In the US – a look ahead to the November jobs report and quarterly earnings ...

12 Dec 202539min

Global Stocks Hit All-Time Highs; Broadcom Slides as Investors Seek AI Payoff

Global Stocks Hit All-Time Highs; Broadcom Slides as Investors Seek AI Payoff

On today's podcast:1) Global stock gauges have record highs in their sights after a week in which affirmation that the Federal Reserve’s interest-rate easing cycle remains intact helped clear the way ...

12 Dec 202515min

US Seizes Sanctioned Oil Tanker Off Venezuelan Coast; Traders Flock to Safety on Oracle Woes

US Seizes Sanctioned Oil Tanker Off Venezuelan Coast; Traders Flock to Safety on Oracle Woes

On today's podcast:1) US forces intercepted and seized a sanctioned oil tanker off the coast of Venezuela, marking a serious escalation of tensions between the two countries. A senior Trump administra...

11 Dec 202515min

Populärt inom Business & ekonomi

badfluence
framgangspodden
rss-jossan-nina
varvet
uppgang-och-fall
bathina-en-podcast
avanzapodden
svd-tech-brief
rss-kort-lang-analyspodden-fran-di
rss-borsens-finest
rss-inga-dumma-fragor-om-pengar
borsmorgon
24fragor
lastbilspodden
kapitalet-en-podd-om-ekonomi
dynastin
rss-dagen-med-di
rss-den-nya-ekonomin
market-makers
fill-or-kill