The U.S. Court of Appeals for the Federal Circuit has reinstated President Trump's tariffs temporarily as appeals are underway, reversing the recent optimism following a trade court's order to lift the tariffs. President Trump publicly accused China of violating trade agreements and hinted at increasing tariffs further, causing investor anxiety reflected in the Dow Jones Industrial Average's slight dip. Companies like Dell Technologies and Costco reported earnings, with mixed results and Costco outperforming in market sentiment. The financial landscape remains turbulent as updates on tariffs evolve.
The on-again, off-again tariffs are right back 'on again'—and in fact, could be even more 'on' than we thought last night.
President Trump accused China of having 'TOTALLY VIOLATED' a trade agreement, threatening to raise tariffs even higher.
Investors seemed happy... that a U.S. trade court had decided to order President Trump to lift most of the tariffs.
The Dow Jones Industrial Average is predictably slumping in response to the uncertainty over tariffs.
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