A ruling by three US judges has been described as ‘good news’ for countries negotiating trade deals with Trump but brought warnings of uncertainty and confusion
A cloud hangs over the global economy, experts have warned, after a bombshell court ruling blocked Donald Trump’s tariffs, creating more “confusion and uncertainty”.
Financial markets reacted positively to the unanimous ruling by three judges, but the decision enraged the White House, with the US president’s official spokesperson, Stephen Miller, calling it another “judge coup”.
The White House has appealed the decision, but it means all of the president’s “Liberation Day” tariffs now face a protracted legal process that could overshadow trade talks and delay the implementation of existing deals, including with Britain.
The Trump administration has won a temporary reprieve through the appeal, which means the tariffs will be reinstated while the case makes its way through the courts.
