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Home » Trump’s global tariffs deemed illegal, blocked by trade court

Trump’s global tariffs deemed illegal, blocked by trade court

Contracts on the Nasdaq 100 Index rose as much as 2.1%

Bloomberg NewsbyBloomberg News
May 29, 2025
in Risk Management
Reading Time: 5 mins read
0
Trump’s global tariffs deemed illegal, blocked by trade court

Donald Trump Photographer: Samuel Corum/Sipa/Getty Images

The vast majority of President Donald Trump’s global tariffs were deemed illegal and blocked by the US trade court, dealing a major blow to a pillar of his economic agenda. A panel of three judges at the US Court of International Trade in Manhattan issued a unanimous ruling Wednesday which sided with Democratic-led states and […]

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