Stocks, dollar rally as Trump tariffs hit court roadblock
- Posted on May 29, 2025
- By Bing News
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Stocks, dollar rally as Trump tariffs hit court roadblock
By Wayne Cole SYDNEY (Reuters) -Asian shares and Wall Street futures jumped in Asia on Thursday after a U.S. federal court blocked President Donald Trump's "Liberation Day" tariffs from going into effect, sending the dollar up on safe haven currencies. The little-known Manhattan-based Court of International Trade ruled that Trump overstepped his authority by imposing his April 2 across-the-board