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Trump administration to fight court tariff ruling as aide labels it a ‘judicial coup’ – US politics live

Appeal filed minutes after court blocked president’s sweeping tariffs on global importsFederal court blocks Trump’s tariffsFinancial markets, on the whole, have cheered the ruling. The US dollar rallied following the court’s order, surging against currencies such as the euro, yen and the Swiss franc in particular. Wall Street futures rose and equities across Asia also rose.The UK’s FTSE 100 blue chip index has ticked up 0.1%, while the German Dax rallied 0.9%. France’s CAC 40 has risen 1%. Trump’s “liberation day” tariffs, in contrast, shook global financial markets and caused massive uncertainty. Continue reading...

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