EWTN: Impact of Trump's Tariff Ruling on Markets and Trade Relations
- Schulz Trade Law
- 3 days ago
- 2 min read
Updated: 2 days ago
Impact of Trump's Tariff Ruling on Markets and Trade Relations
EWTN News Nightly
May 29, 2025
A recent ruling by the U.S. Court of International Trade blocked Donald Trump’s sweeping tariffs, stating that the president overstepped his authority. The Trump administration has strongly criticized the decision and is appealing, vowing to take the case all the way to the Supreme Court. Meanwhile, the tariffs have faced multiple lawsuits, and markets remain uncertain about the potential economic impact moving forward. Michelle Schulz, founder of Schulz Trade Law P.L.L.C. and trade counsel for major corporations, joins to discuss the implications of this ongoing legal battle and its effect on global markets. She provides insight into whether these new rulings might bring stability or further uncertainty, and explores the broader question of trust between the U.S. and its trading partners as tensions continue to mount.
A recent ruling by the U.S. Court of International Trade blocked Donald Trump’s sweeping tariffs, stating that the president overstepped his authority. The Trump administration has strongly criticized the decision and is appealing, vowing to take the case all the way to the Supreme Court. Meanwhile, the tariffs have faced multiple lawsuits, and markets remain uncertain about the potential economic impact moving forward. Michelle Schulz, founder of Schulz Trade Law P.L.L.C. and trade counsel for major corporations, joins to discuss the implications of this ongoing legal battle and its effect on global markets. She provides insight into whether these new rulings might bring stability or further uncertainty, and explores the broader question of trust between the U.S. and its trading partners as tensions continue to mount.
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