Trump, tariffs and steel
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2don MSN
Trump and his aides have repeatedly shifted their stance on tariffs in the weeks since the president’s “Liberation Day” announcement.
The European Union has gained leverage in trade talks with the United States after a U.S. court cast doubt on the legality of Washington's "reciprocal" tariffs, EU officials said on Friday. A U.S. federal appeals court temporarily reinstated President Donald Trump's tariffs on Thursday,
Donald Trump's wide-ranging taxes on imports were briefly halted by a trade court this week before being allowed to continue, setting up a bigger legal showdown soon.
The delay offers the bloc more time to negotiate a trade deal and avert 50% tariffs that Trump had threatened to impose on June 1.
(Reuters) -A federal appeals court on Thursday temporarily reinstated U.S. President Donald Trump's most sweeping tariffs, just a day after a trade court ruled that Trump had overstepped his authority in imposing the duties and ordered an immediate block on them.
Stock market today: Dow, S&P 500, Nasdaq soar as Trump pauses EU tariff hikes for fast-tracked talks
The EU on Monday agreed to speed up tariff talks with the US, easing concerns about a trans-Atlantic trade war. The move followed Trump’s announcement on Sunday that the US woul