Court Blocks Donald Trump Tariffs, but New 15% Tax Still Keeps Investors in the United Arab Emirates on Alert
The United States Supreme Court ruled that Donald Trump lacked authority to impose broad tariffs without Congress, with Chief Justice John Roberts stating the law did not grant such power. Markets and officials in the European Union, Canada, and United Kingdom reacted cautiously, while investors in the United Arab Emirates watch economic conditions and the role of the Federal Reserve.
