Stock market futures jump after court halts most Trump’s tariffs

Stock futures surged following a U.S. Court of International Trade ruling that suspended most tariffs imposed by the Trump administration, declaring President Trump’s 10% tariff on various trading partners unlawful. The court’s decision, which also blocked duties on China, Mexico, and Canada, prompted significant gains in stock futures, with the S&P 500 rising 1.1% and international markets responding positively. The Trump administration plans to appeal the ruling, which could impact economic risks and inflation if the appeal is unsuccessful.

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