President Donald Trump pushed back against those using the term “TACO trade” — “Trump Always Chickens Out” — to describe how markets view his tariff moves.

"Bis einer weint" tät meine Oma sagen.

Heisst: jaja, macht nur Blödsinn, schnell kann wer draufzahlen bei Eurem blöden Spiel.

Weil "berechenbar" würd ich Trump nicht nennen,
Selbst wenn er regelmäßig fast verlässlich umkippt. Bis jetzt.

Court rules Trump doesn't have authority to impose tariffs

The US Court of International Trade has voted to block the vast majority of President Trump's global tariffs after deeming the method used to enact them 'unlawful'. This places most of the tariffs on an indefinite hold while the administration appeals the decision through the Supreme Court.

Tariffs impacted include the flat-rate 'reciprocal' tariffs aimed at US trade partners as well as key China-focused duties, while leaving some levies, specifically those covering steel, aluminum, and certain Chinese goods, intact.

https://finance.yahoo.com/news/live/trump-tariffs-live-updates-court-of-international-tra de-deems-majority-of-tariffs-unlawful-191201963.html

A federal US court has blocked most of the Trump administration's tariff hikes imposed this year. For China, this implies the 20% tariffs related to the fentanyl emergency and the "Liberation Day" tariff will both be suspended immediately. Other tariffs such as on steel and autos, as well as those from the 2018-19 trade war, are not affected by the ruling. Nevertheless, this implies a substantial relief on Chinese exporters in the near term.

The outlook remains uncertain as the tariff break could prove temporary. (1) The Trump Administration has appealed against the ruling. (2) The White House could also invoke other legislations to re-impose tariffs on China despite some limits.

Trade companies from both side may utilize this opportunity to expedite goods flows in the next few weeks. Meanwhile, trade negotiations will likely continue, but the urgency of reaching a trade deal could be reduced if tariffs remain low.