Are you using this tactical strategical information to be the King Of Swing in your trading investments,, Squid the Chris
Rally? Pretty anemic rally. Wake me when my bot crashes. Fed's Goolsbee: US trade court ruling may extend tariff uncertainty
It's not the Court, it's the Constitution that gives Congress both the power of the purse and the power to regulate trade and set tariffs (article I, section 8, I think). The emergency exception could have gotten a pass if he had limited it to Mexico or China with the fentanyl excuse, etc., but this? Similar situation with deportations under the Alien Enemies act. He could have maybe used it to kick out Russians or members of specific gangs, but when they use it to deport students, spouses and parents of US citizens, etc... how do they expect that to fly? Trump is more damaging to the US brand than Musk is to the Tesla brand. But we'll see.
The latest... Trump tariffs to temporarily stay in effect https://finance.yahoo.com/news/live...peal-after-trade-court-setback-191201782.html A federal appeals court has temporarily reinstated President Trump's global tariffs by pausing a lower court ruling that had blocked them. The decision, which came sooner than expected, means the tariffs will remain in effect for now. The US Court of Appeals for the Federal Circuit, which oversees the International Trade Court, granted the Trump administration’s request for a temporary administrative stay. This gives the court time to review legal arguments and filings. The administration must submit its briefings by June 9, after which the court will determine the next steps. As Yahoo Finance legal reporter Alexis Keenan noted, Trump has broad authority to impose tariffs through various legal channels, including Sections 232 and 301. The administration had chosen to justify the tariffs under an emergency act, citing concerns such as immigration and drug trafficking — an argument the lower court rejected. Legal experts say it’s unclear how the appeals court will ultimately rule, as another court might interpret the emergency authority in a different way.