Court Blocks U.S. Tariffs

This is a Canada news story, published by financialpost, that relates primarily to Donald Trump news.

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tariff saga

financialpost

•

Business

Business & Economics

Posthaste: What the tariff ruling that shook the world means to Canada

Summary

Nutrition label

68% Informative

Federal court decision blocks both Liberation Day’ tariffs and the earlier duties against Canada and Mexico related to fentanyl.

White House immediately appealed the decision, starting a battle that could go all the way to the Supreme Court .

Futures on the S&P 500 were up 1.6 per cent overnight, with Asian markets and European futures making big gains.

Donald Trump ’s one, big beautiful bill’ makes its way to the Senate .

Tax advisers north of the border are warning that its effect on Canadians could be severe if Canada falls within Washington 's definition of a “discriminatory foreign country.” Financial Post tax columnist Kim Moody says if enacted, the bill would impose significantly higher U.S. tax rates.

VR Score

Informative language

Neutral language

Article tone

formal

Language

English

Language complexity

Offensive language

possibly offensive

Hate speech

not hateful