Trump, tariffs and Appeals court
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President Trump criticized a recent court ruling on his tariff plan on Thursday. He directed criticism to the Federalist Society and expressed disappointment in judicial nominations.
The prominent conservative legal activist is “a bad person who, in his own way, probably hates America,” the president fumed on social media about his former ally.
Even if courts block many of President Trump’s tariffs, households would still lose an estimated $950 in purchasing power a year, a Yale analysis shows.
GOP lawmakers are quietly hopeful that Trump’s damaging tariff plans will end with decisive Supreme Court decision.
For months, President Donald Trump has boasted that his most sweeping tariffs amount to powerful leverage to win trade concessions from Beijing to Brussels.
US ports have been seeing pandemic-level declines in imports, so good news on tariffs was just what port officials were hoping for.
Markets briefly soared after a ruling from the New York-based Court of International Trade struck down many of the Trump administration’s tariffs. On Thursday, a court of appeals granted the administration an emergency stay,