Markets expect Trump’s latest China tariffs will backfire as gold jumps and the dollar ‘is not looking healthy’

Markets expect Trump’s latest China tariffs will backfire as gold jumps and the dollar ‘is not looking healthy’

Financial markets suffered a rerun of their swoon in April, when “Liberation Day” tariffs shocked global investors, signaling that his latest China duties may end up hurting the U.S. more than their intended target. On Friday, President Donald Trump said he will impose an additional 100% tariff on China and limit U.S. exports of software,…

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Trump's lawyers encounter some courtroom skepticism as they defend tariffs that start Friday

Trump’s lawyers encounter some courtroom skepticism as they defend tariffs that start Friday

Small business importers and the US Justice Department clashed Thursday over whether President Trump has the authority to impose his “Liberation Day” tariffs just hours before those duties were scheduled to take effect for countries around the world. The confrontation took place in Washington, D.C. before a panel of 12 judges at the Circuit Court…

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