CNBC Daily Open: 'Reciprocal' tariffs in limbo as U.S. court steps in

cnbc.com/2025/05/29/cnbc-daily-open-reciprocal-tariffs-in-limbo-as-us-court-steps-in.html

U.S. President Donald Trump has been accused of walking back on his trade policies — a Financial Times columnist succinctly described that apparent pattern as the "TACO" theory, or "Trump Always Chickens Out."
The walk-backs on tariffs has largely been a positive for markets. Now, a…

This story appeared on cnbc.com, 2025-05-29 01:18:05.
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