Trump’s trade negotiation tactic may have just gone up in smoke as court blocks tariffs, but economists believe it’s ‘hardly the end of this story’

Why is Trump doubling steel tariffs to 50%? How will Nippon Steel’s US deal impact steel prices? What caused S&P 500’s best month since 1990? How did Jamie Dimon warn about bond market cracks? Why is China accused of violating US trade deals? What drives the shift in US housing market balance? How will Trump tariffs affect retail prices?

Trump’s trade negotiation tactic may have just gone up in smoke as court blocks tariffs, but economists believe it’s ‘hardly the end of this story’

fortune.com/2025/05/29/trump-tariff-negotiations-court-ruling-timeline-delays

ANALYSIS: A U.S. court ruled that the Trump administration lacked the authority to impose sweeping global tariffs under the International Emergency Economic Powers Act, requiring the White House to begin unwinding certain tariffs within 10 days—though an appeal is underway. While this…

This story appeared on fortune.com, 2025-05-29 10:19:26.