Federal trade court blocks some Trump tariffs, impacting prices; neutral.
From CNBC: 2025-05-30 05:15:00
President Trump’s tariffs face uncertainty after court rulings, impacting consumer prices. Country-specific tariffs are blocked, but steel, aluminum, auto tariffs remain. Remaining tariffs could cost households $950/year. Initial ruling could save $1,800/year. Supreme Court may have final say, more tariffs possible on products like pharmaceuticals and semiconductors.
Read more: What a federal trade court block on Trump tariffs means for consumers