Trump, TACO and tariff
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Trump officials are back in court pushing to save the president's sweeping reciprocal tariffs. Here’s what’s at stake as the legal battle intensifies.
The Court of International Trade blocked a large portion of President Donald Trump‘s latest tariff policies, but according to Goldman Sachs economist Alec Phillips, the White House has a clear and swift path to restoring most of them—potentially within
Live updates and the latest news as Trump and Elon Musk hold a White House press event and a federal appeals court pauses a lower court block on tariffs.
President Donald Trump has audaciously claimed virtually unlimited power to bypass Congress and impose sweeping taxes on foreign products.
For a White House that has grown accustomed to a rollercoaster of legal rulings, judicial decisions over the past day throwing President Donald Trump’s tariff plans into question landed like a bombshell.
The term TACO, which means Trump Always Chickens Out, was coined by Financial Times columnist Robert Armstrong.