Donald Trump, Tariff and Supreme Court
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Trump To Double Tariffs on Steel and Aluminum Imports
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If you work in retail, please pop into the comments and let us know what you're seeing in your store — and post pics if you've got 'em! Or, if you'd like to remain extra anonymous, email me. 6.On the other hand,
President Trump would invoke other tariff authorities if his appeal of a trade court's ruling isn't successful, Commerce Secretary Lutnick said.
China says the US has "severely violated" their trade truce and will take strong measures to defend its interests. China's Ministry of Commerce said Washington has "seriously undermined" the agreement reached during talks in Geneva last month,
President Trump’s top economic advisers stressed on Sunday that they would not be deterred by a recent court decision declaring many of the administration’s tariffs to be illegal, pointing to other authorities the White House could invoke to pressure China and other nations into trade negotiations.
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Since the April 2 announcement, the S&P 500, Nasdaq Composite, and Dow Jones Industrial Average have each experienced double-digit declines – only to rebound sharply over the last few weeks as some updated trade deals have come into view. Even though the market has been roaring as of late, I don't think investors are out of the woods quite yet.
Amid court challenges, the White House asserts confidence in President Donald Trump's tariff strategy, emphasizing the administration's focus on maintaining fair trade practices.
Homebuilder stocks rallied on Thursday, in a sign that residential construction will benefit from the ruling striking down Trump's tariffs.
Asia's factory activity shrank in May as soft demand in China and the impact of U.S. tariffs took a heavy toll on companies, private surveys showed on Monday, highlighting the darkening outlook for the once fast-growing region.