Asian markets climb, US Futures rise after trade court blocks Trump's sweeping tariffs
Thursday, 29 May 2025 () Asian shares and US futures experienced a surge following a court ruling that temporarily blocked President Trump's ability to impose sweeping tariffs under emergency powers. Japan's Nikkei 225 index advanced, and the dollar rose against the yen. The ruling's impact on trade talks and ongoing inflation concerns, as highlighted in the Federal Reserve minutes, remains a key factor.
Trump launched a blistering attack on the U.S. Court of International Trade after it ruled against his proposed tariffs, accusing judges of acting out of personal hatred. In a fiery Truth Social post, Trump also turned his ire toward Leonard Leo of the Federalist Society, calling him a...
During a heated House hearing, Rep. Madeleine Dean confronted Commerce Secretary Howard Lutnick over the ripple effects of President Trump’s tariff plan. Dean spotlighted rising banana prices at..
U.S. President Donald Trump and Chinese President Xi Jinping held a 90-minute phone call focused “almost entirely on trade,” marking their first direct contact since the U.S. imposed new..
U.S. federal judge has issued a restraining order blocking the deportation of the wife and five children of Mohamed Sabry Soliman — the suspect accused of firebombing a Jewish protest in Boulder,..
A federal court has blocked President Trump's sweeping tariffs imposed under emergency powers, questioning his authority and trade policies. The ruling, stemming... IndiaTimes