The Latest Breaking News on Asian Markets Reverse As Appeals Court Gives Trump Tariffs Reprieve

The Australian share market has shrugged off reinstated US tariffs and global growth fears to finish the month on a high note, as banks buoyed markets.

President Donald Trump made no pretense at hiding his irritation this week when he was asked by a reporter about "TACO" -- an acronym that has been gaining traction among Wall Street traders who believe that "Trump Always Chickens Out."

Stocks closed modestly higher and bond yields fell as courts invalidated, then allowed, Trump's tariffs.

Administration’s tariff agenda is temporarily reinstated while legal challenges play out

The dollar index (DXY00 ) on Thursday fell by -0.60%. The dollar on Thursday slid from a 1-week high and retreated on Thursday's Fed-friendly US economic news that showed the Q1 core PCE price index revised lower, continuing unemployment claims unexpectedly rose to a 3-1/2 year high, and Apr pending...

Businesses that have been unsettled by President Donald Trump’s on again, off again tariffs don't know how much faith to put in the reprieve from a federal court that halted most of the taxes on foreign imports

U.S. Court judges have reportedly blocked President Trump's recent overseas tariffs.

Walmart and other major U.S. retailers were bracing for price hikes due to steep tariffs, but now that could change.

The Trump administration has already appealed a court ruling that says the steepest reciprocal tariffs were illegal