The Supreme Court on Friday struck down President Donald Trump’s expansive international tariffs, a signature pillar of his administration’s economic agenda.
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The court ruled with a 6-3 majority that Trump exceeded his authority when he imposed tariffs via a law reserved for national emergencies.
Supreme Court Slaps Down Trump And His Tariffs
The decision protects a key separation of powers, but don’t expect Trump to take the ruling lying down.
Stocks Jump After US Supreme Court Rejects Trump’s Tariffs
NEW YORK, Feb 20 (Reuters) – Stock markets in the United States and Europe jumped on Friday after the Supreme Court struck down U.S.
Wall Street Roundup: Supreme Court Rules
Brian Stewart: So one thing we should mention is kind of just as we were starting to record the Supreme Court ruled that the
Stocks Jump After Supreme Court Strikes Down Trump’s Tariffs
Stocks jumped on Friday after the Supreme Court struck down President Donald Trump’s tariffs that were enacted via the International Emergency Economic Powers Act.
U.S. stocks seesaw after Supreme Court strikes down most of Trump’s tariffs
Companies heavily exposed to tariffs, such as retailers and appliance makers, immediately became some of the best performing stocks of the day.
About half of Trump’s tariffs are now null and void – but his trade war is not over
In one respect this decision is not altogether surprising.
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