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Explained: What does the Trump tariff blocking mean for the economy?

Author
Newstalk ZB,
Publish Date
Thu, 29 May 2025, 7:35pm
US President Donald Trump’s “Liberation Day” import tariffs have been blocked from going into effect by the courts. Photo / Getty Images
US President Donald Trump’s “Liberation Day” import tariffs have been blocked from going into effect by the courts. Photo / Getty Images

Explained: What does the Trump tariff blocking mean for the economy?

Author
Newstalk ZB,
Publish Date
Thu, 29 May 2025, 7:35pm

A US federal court's blocked Donald Trump's global tariffs from going into effect - ruling the President overstepped his authority.

The Court of International Trade says an emergency law invoked by the White House doesn't provide unilateral authority to impose tariffs on nearly every country.

Fisher Funds expert Sam Dickie explains what this means for the economy.

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