Tag: Trump tariffs

by Ryder Whitlock
Aug 31, 2025
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Federal Circuit Says Trump's Global Tariffs Are Illegal, Keeps Duties in Place During Appeal

A federal appeals court ruled 7–4 that most of former President Trump's global tariffs exceed his authority, but kept them in place while the government appeals. The decision disrupts trade talks and keeps prices elevated for now. The case turns on whether IEEPA lets a president impose sweeping tariffs without Congress. The administration is expected to take the fight to the Supreme Court.

by Ryder Whitlock
Apr 8, 2025
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Trump's Tariffs: A Shocking Remedy for Trade Imbalances amid Global Anxiety

President Trump labels his widespread tariff policy as crucial 'medicine' for rectifying global trade imbalances, even as Asian markets react with significant drops. His stance has propelled over 50 countries, including key allies, to seek talks. While the administration remains firm on the tariffs, they're seen as a strategy to rebalance international commerce, though economic and diplomatic tensions grow.

by Ryder Whitlock
Apr 5, 2025
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FTSE 100 Faces Turmoil After Trump's Tariff Shockwaves as Markets Suffer

The FTSE 100 endured a steep 4.95% one-day decline after President Trump's unexpected tariff proclamations. Key players like Standard Chartered, HSBC, Shell, and BP saw significant losses. Surprisingly, defensive sectors including utilities and supermarkets gained, showing resilience. Amid escalating trade tensions, China issued its tariff response, while influential voices like Richard Branson criticized the U.S. strategy.