
Shawn Donnan
Senior Writer at Bloomberg News
Senior writer, Bloomberg @economics. Ex @FT. Aussie. Red Sox nation. Opinions mine alone. RTs not endorsements. [email protected]
Articles
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1 week ago |
news.bloombergtax.com | Erik Larson |Josh Wingrove |Shawn Donnan |Laura Curtis
The US Court of International Trade ruled May 28 thatthe vast majority of President Donald Trump’s tariffs were issued illegally and ordered them blocked, which would delivera blow to a key pillar of his economic agenda. A day later, an appeals court gave Trump’s administration atemporarily reprievefrom the ruling while weighing a longer-lasting hold.
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1 week ago |
news.bloombergtax.com | Erik Larson |Josh Wingrove |Shawn Donnan |Laura Curtis
The US Court of International Trade has blocked the vast majority of President Donald Trump’s tariffs, dealing a blow to a key pillar of his economic agenda. A panel of three judges unanimously ruled on May 28 that the bulk of the new import taxes were issued illegally, concluding that Trump wrongfully invoked an emergency law to justify the levies. It’s a rare rebuke as the courts tend to defer to the president on trade matters.
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1 week ago |
bloomberg.com | Erik Larson |Josh Wingrove |Shawn Donnan |Laura Curtis
US President Donald Trump holds a poster detailing the reciprocal tariffs during an announcement in the White House Rose Garden in Washington, DC, on April 2, 2025. (Bloomberg) -- The US Court of International Trade ruled May 28 that the vast majority of President Donald Trump’s tariffs were issued illegally and ordered them blocked, which would deliver a blow to a key pillar of his economic agenda.
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1 week ago |
theolympian.com | Shawn Donnan |Erik Larson |Laura Curtis
President Donald Trump's tariff strategy has been thrown into turmoil after a U.S. court issued a rare rebuke blocking many of the import taxes he has threatened and imposed on other countries. In a ruling issued late Wednesday, a three-judge panel for the U.S. Court of International Trade declared that the Trump administration had wrongly invoked a 1977 law in imposing his "Liberation Day" tariffs on dozens of countries and they were therefore illegal.
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1 week ago |
bloomberg.com | Shawn Donnan |Erik Larson |Laura Curtis
La estrategia arancelaria del presidente Donald Trump quedó sumida en el caos luego de que un tribunal de EE.UU. bloqueara muchos de los gravámenes a la importación que había amenazado e impuesto a otros países. En un fallo emitido el miércoles, un panel de tres jueces del Tribunal de Comercio Internacional de EE.UU.
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Countries like Cambodia, Lesotho and Mauritius are on the priority list. So striking how few major US trading partners are on this list…

The Trump administration’s early tariff target list includes small trading partners like Fiji and Lesotho as the U.S. looks for quick “template” deals. The U.S. has guarded the list. @Alicia_Diaz23 and I write about it here: https://t.co/paef81JbnT

US & Chinese officials have been talking for hours today. Does that mean substantive talks? Maybe. Though this is first time they have sat down face to face. They’ve got lots of grievances to air… Team Trump’s goal this weekend 👇👇👇👇👇👇👇👇👇👇👇 https://t.co/jUHwxkx5da

RT @DanielPFlatley: China says 60% tariffs, Trump says 80%. Empty shelves and rare earths in the mix. All eyes are on Geneva as @SecSco…