The U.S. Court of Appeals for the Federal Circuit granted the Trump administration's request, temporarily suspending the ruling by the Court of International Trade that prohibited the enforcement of several tariff executive orders by the U.S. government.
6.
On May 28 local time, the U.S. Court of International Trade blocked the tariff policy announced by President Trump on April 2 from taking effect, ruling that Trump overstepped his authority by imposing comprehensive tariffs on countries that export more to the U.S. than they import.
Although I consider myself experienced in U.S. stock investments, this is the first time I've seen something like this. I can't comprehend how this will end—will there be a global grand reconciliation, or will Trump unilaterally declare the court's ruling invalid?
Clearly, the market interprets this as positive news, as NVIDIA's earnings report wasn't strong enough to justify a 5% surge. But after the world's most robust capital market is trivialized like this, can it still be invested in using the original logic? I haven't figured it out yet and can only continue to wait and see 😅.
Help me or give me five?$NVIDIA(NVDA.US)$Invesco QQQ Trust(QQQ.US)
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