LeadStory

How are markets responding to the Trump tariffs ruling?

Asked 4 hours ago

Answer

Markets are reacting to the Trump tariffs ruling with declines in stocks, especially technology shares, and rising bond yields. Investors are concerned about the potential loss of tariff revenue and possible government repayments if the Supreme Court upholds the ruling. The decision has introduced uncertainty, affecting both market sentiment and global trade outlook.

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Reuters

Wall Street reacts after appeals court rules Trump's tariffs illegal

Reuters · Just In
Reuters
Reuters
Just In
  • A federal appeals court ruled that most Trump-era tariffs are illegal. 8s
  • Tariffs will remain in place temporarily as the administration considers a Supreme Court appeal. 14s
  • WTO data shows a decline in global trade under most favored nation terms since the tariffs. 45s
  • The U.S. Treasury Secretary is confident the Supreme Court will uphold the tariffs, but has a backup plan. 1m 21s
  • Market volatility followed the tariffs, but stocks have since rebounded on hopes of rate cuts. 1m 34s
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References

Wall Street reacts after appeals court rules Trump's tariffs illegal
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Reuters
4 hours ago
Wall Street reacts after appeals court rules Trump's tariffs illegal

U.S. stocks fell as investors faced uncertainty over trade policy following the court ruling that most Trump tariffs are illegal.

Wall Street reacts after appeals court rules Trump's tariffs illegal
Icon
Reuters
4 hours ago
Wall Street reacts after appeals court rules Trump's tariffs illegal

Tariffs triggered market volatility in early April, but hopes of interest rate cuts and clearer guidance later helped stocks rebound.

Markets react to ruling that most of Trump's tariffs are illegal
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CBS America
4 hours ago
Markets react to ruling that most of Trump's tariffs are illegal

Bond yields are rising, stocks are lower—particularly tech stocks—due to concerns over potential loss of tariff revenue and possible government repayments if the ruling is upheld.

Trump looks to Supreme Court with tariff policies in legal jeopardy
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CBS America
24 hours ago
Trump looks to Supreme Court with tariff policies in legal jeopardy

Despite the ruling, tariffs remain in effect, but the decision has created ongoing uncertainty for businesses and global trade.

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