Supreme Court block Trump Tariff, now market can Huat Big Big Liao?

[k1976]

Trump’s tariffs: A timeline of what we know so far​

US President Donald Trump giving a speech at West Point in Michie Stadium on May 24, 2025. (Photo: AFP/Michael M Santiago)
29 May 2025 11:46AM
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FAST
US President Donald Trump’s tariff decisions since he took office on Jan 20 have given investors and political leaders alike whiplash with his on-again, off-again policies.

His decisions have upended financial markets and sent a wave of uncertainty through the global economy as countries scrambled to make deals and sought new partnerships to overcome any potential economic impact from the levies.

 

[k1976]

May 26 - Singapore’s Prime Minister Lawrence Wong suggests the Association of Southeast Asian Nations (ASEAN) should aim to be “100 per cent tariff-free” within its free trade area.

At the 46th ASEAN summit, the leaders discussed new trade partners and ways to tackle US tariffs.

Malaysia Prime Minister Anwar Ibrahim said he had written to Trump to “seek his understanding” in organising a US-ASEAN meeting aimed at discussing the tariffs in the spirit of ASEAN “centrality”.

May 27 - ASEAN, the Gulf Cooperation Council (GCC) and China pledge a new global cooperation model at the historic first ASEAN-GCC-China summit.

Chinese Premier Li Qiang called on the sides to build a model of “cross-regional openness”, referring to the economic and developmental potential of “fully connecting” the three regional markets.

May 28 - A US trade court blocked Trump's tariffs from going into effect in a sweeping ruling that the president overstepped his authority by imposing across-the-board duties on imports from nations that sell more to the United States than they buy. The Trump administration said it would appeal the ruling.

 

[Boonsiong]

China wrote to USA Supreme Court to complain and now USA Supreme Court block trump rules

USA has been compromised by China communist

 

[k1976]

Goldman Sachs says Trump can sidestep the court ruling against his tariffs​

• GS says a setback, increases uncertainty, but doesn;t impact sectoral tariffs

Eamonn Sheridan
29/05/2025 | 03:32 GMT
GS argument:

I'm no tariff law expert (but have noted how quickly many on Twitter have gained such qualifications ;-) ) so I can only assume GS is on solid ground here.

 

[k1976]

China wrote to USA Supreme Court to complain and now USA Supreme Court block trump rules

USA has been compromised by China communist

Buy your pop corn…another WWF Royal Rumble

 

[k1976]

Good show…seem like not Supreme Court like what appear in earlier report

 

[True Believer]

China wrote to USA Supreme Court to complain and now USA Supreme Court block trump rules
USA has been compromised by China communist

At least there is some check and balance on the US Govt. No judge in SG will dare to rule against a PAP politician after the demotion of Senior District Judge Michael Khoo many years ago for daring to acquit J B Jeyaretnam. LKY ensured that a clear and unmistakeable signal was sent to the Judiciary that day. To this day, no judge dares to risk his livelihood by ensuring that justice is done.