U.S. Court Agrees to Keep Trump Tariffs Intact as Appeal Gets Underway
1. Appeals court pauses ruling against Trump's tariffs, impacting trade negotiations. 2. Court's decision seen as vital for Trump amidst ongoing trade talks with China. 3. Legal battle centers around Trump's use of the IEEPA for tariffs. 4. Tariffs aim to raise revenue and support domestic manufacturing. 5. Framework established for the U.S.-China trade truce, crucial for the S&P 500.