A federal court is blocking President Donald Trump from imposing sweeping tariffs on imports under an emergency-powers law.

U.S. Commerce Secretary Howard Lutnick downplayed the impact of legal uncertainty around U.S. tariffs on negotiations with the European Union during an interview on Sunday, saying talks were ongoing.

Homebuilder stocks rallied on Thursday, in a sign that residential construction will benefit from the ruling striking down Trump's tariffs.

Companies welcomed a court decision striking down President Trump’s tariffs. Then a stay of that ruling left no one breathing easy.

The blockbuster federal court ruling that halts President Donald Trump from imposing some of his most sweeping tariffs rests in part on a legal theory that conservative groups repeatedly used at the Supreme Court to block former President Joe Biden’s agenda.