Saturday, May 31, 2025
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US trade court blocks tariffs in major setback for Trump

A US federal court blocked most of Donald Trump’s sweeping tariffs from going into effect, boosting markets on Thursday even as the White House appealed against the decision by “unelected judges”. The opinion marks a significant setback to Trump as he bids to redraw the US trading relationship with the world by forcing governments to the negotiating table through tough new tariffs.

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