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President Trump Blocked From Imposing Bulk Tariffs

Summary by KYMA
(CNN, KYMA/KECY) - The Trump Administration immediately appealed a federal court's decision blocking most of President Donald Trump's sweeping tariffs that includes the so-called "Liberation Day" tariffs Trump announced back in April. Tariffs placed on China, Mexico, and Canada earlier this year are designed to combat fentanyl coming into the U.S. It's a major legal blow to Trump's globe trade agenda and sets up an appeals process that could go …

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Donald Trump cannot count on his party colleagues in Congress to approve the trade tariffs – if the president fails in court. That is the assessment of John Veroneau, a former economic adviser to the White House. In parallel with the legal dispute, the president seems to have once again found himself in conflict with Beijing.

·Stockholm, Sweden
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CNBC broke the news in United States on Thursday, May 29, 2025.
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