Court Blocks Trump’s Tariffs, Markets React Amid Economic Contraction
Update: 2025-05-30
Description
In today's episode, we delve into the U.S. Court of International Trade's decision to block President Trump's import tariffs, sparking a rally in global financial markets. We also explore the U.S. economy's contraction in the first quarter of 2025 and the Federal Reserve's concerns over stagflation risks. Join us for an in-depth analysis of these developments and their implications for trade policy and economic growth.
Sources:
https://www.cbsnews.com/news/trump-tariffs-blocked-illegal-court-international-trade-ieepa-whats-next/
https://time.com/7289394/trump-tariffs-uscit-court-international-trade-ruling-appeal-reactions-explainer/
https://abcnews.go.com/Business/stocks-climb-after-court-blocks-trumps-tariffs/story?id=122304566
Sources:
https://www.cbsnews.com/news/trump-tariffs-blocked-illegal-court-international-trade-ieepa-whats-next/
https://time.com/7289394/trump-tariffs-uscit-court-international-trade-ruling-appeal-reactions-explainer/
https://abcnews.go.com/Business/stocks-climb-after-court-blocks-trumps-tariffs/story?id=122304566
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