Presidency of Donald Trump, Tariff
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A U.S. District Court judge on Monday dismissed California officials’ lawsuit over President Donald Trump’s tariffs, concluding the case belongs in an out-of-state court that specializes in trade disputes.
The Trump administration on Monday asked a U.S. appeals court to pause a second court ruling that found the president had exceeded his authority by imposing sweeping tariffs on imports, saying the decision jeopardizes trade negotiations with other nations.
A federal court is blocking President Donald Trump from imposing sweeping tariffs on imports under an emergency-powers law.
Earlier this month, Trump threatened Mattel with a 100% tariff on all its toy imports after Mattel CEO Ynon Kreiz said the company would have to consider raising some toy prices due to tariffs and that it wouldn’t shift toy production to the United States, as that would be more expensive than paying the tariffs.
Homebuilder stocks rallied on Thursday, in a sign that residential construction will benefit from the ruling striking down Trump's tariffs.
U.S. Commerce Secretary Howard Lutnick downplayed the impact of legal uncertainty around U.S. tariffs on negotiations with the European Union during an interview with Fox News Sunday, saying talks were ongoing.
Trump officials are back in court pushing to save the president's sweeping reciprocal tariffs. Here’s what’s at stake as the legal battle intensifies.