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Forbes
118 days

Trade Court Keeps Trump's Tariffs In Place—At Least For Now

1. U.S. Court declined to block Trump's tariffs, impacting ongoing litigation. 2. Trump's tariffs include 10% on most imports; 145% on certain Chinese goods. 3. Business groups argue tariffs threaten their operations significantly. 4. Hearing scheduled for May 13 may lead to a lasting ruling. 5. Economic experts warn of recession due to tariffs affecting market.

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FAQ

Why Bearish?

Ongoing tariffs could lower consumer spending and business investment, similar to 2018's tariff impacts.

How important is it?

Tariff controversies are closely tied to economic conditions affecting S&P 500 companies.

Why Short Term?

Initial impacts may materialize quickly; longer-term effects depend on litigation outcomes.

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