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An appeals court preserved Trump's trade policies pending an appeal after a U.S. court panel struck down the majority of Trump-era tariffs.
What’s the Scoop?
- Court Ruling: A federal court declared Trump’s sweeping tariffs unconstitutional, mandating the government to act within 10 days.
- Market Response: U.S. equity futures surged as investors rotated capital, while
Bitcoin saw a minor pullback. - Appeal in Progress: Trump has already appealed the ruling, aiming to block the injunction's implementation.