It came a day after a previous ruling temporarily blocked many of the administration's sweeping trade tariffs.

"Article One Section Eight gives Congress the power over taxes and tariffs. The Constitution is clear," Bacon, a rare Republican critic of Trump, posted to X. Another X user replied to say the 1934 Reciprocal Tariff Act delegated that power to the president when there is a national emergency.

The European Union has gained leverage in trade talks with the United States after a U.S. court cast doubt on the legality of Washington's "reciprocal" tariffs, EU officials said on Friday.

Trump’s tariffs are causing uncertainty with rising costs and concerns over limited supplies affecting laptops, school meals and more, educators say

Asian shares are trading mostly lower, as uncertainty grew about what will happen next after a U.S. court blocked many of President Donald Trump's sweeping tariffs.

Gap said Thursday that President Donald Trump’s tariffs on China and most imports from other countries will cost the company $250 million to $300 million this year. Gap, which also owns Old Navy, Banana Republic and Athleta, said it currently has strategies to mitigate more than half of that amount.

US stock futures edged lower as Wall Street absorbed a fresh wave of tariff uncertainty after a federal appeals court reinstated President Trump's global tariffs.

Markets briefly soared after a ruling from the New York-based Court of International Trade struck down many of the Trump administration’s tariffs. On Thursday, a court of appeals granted the administration an emergency stay,