US Stock Futures Up After Federal Court Strikes Down Trump’s Tariffs

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Topline U.S. stock futures surged in early trading on Thursday after a federal trade court struck down President Donald Trump’s sweeping “Liberation Day” tariffs and declared the president exceeded his authority by imposing them. President Donald Trump during his "Liberation Day" trade announcement event at the White House on ... More April 2, 2025 in Washington, DC. (Photo by Chip Somodevilla/Getty Images) Getty Images Key Facts A three-judge panel at the Court of International Trade ruled Trump’s tariffs imposed on April 2 should be “set aside,” siding with business groups and Democratic-led states that asked the court to strike the...