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US Supreme Court delays decision on Trump tariffs' legality, US markets jump in minutes
short by Ashley Paul / on Friday, 9 January, 2026
The US Supreme Court on Friday postponed its decision on the legality of President Donald Trump's tariffs announced last year, which imposed 50% tariffs on India. Trump earlier said an order against the tariffs would be a "terrible blow" to the US. Within 25 minutes after the postponement, the Nasdaq Composite Index jumped nearly 230 points.
read more at Reuters