Many tariffs blocked by court ruling, only to be reinstated by a different court the next day.

The Tariff Roller Coaster Continues As Courts Block, Reinstate, And Block Trump’s Illegal Tariffs

Remember “Liberation Day”? The day when Trump launched those apparently freedom-loving taxes on all Americans by declaring war on global commerce so hard that we were even planning on taxing penguins on uninhabited islands? Well, some of you might recall that the Constitution distributes power, and doesn’t give it all to the President. And Trump’s…

Many tariffs blocked by court ruling, only to be reinstated by a different court the next day.

In Minnesota, Thursday’s whiplash underscored why some firms remained relatively muted when the U.S. Court of International Trade initially ruled Trump’s across-the-board tariffs illegal.