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ECONOMY

Trump warns says tariffs are 'huge positive' for stock market

President Trump warned against courts blocking his tariff policy, claiming it boosted the stock market and that a reversal would trigger a severe economic downturn, comparing it to the 1929 Great Depression. A federal appeals court is reviewing the policy's legality, with concerns it exceeds presidential emergency powers. While Trump highlights the tariffs' positive market impact, shown by previous market reactions to tariff changes, experts warn of significant administrative challenges if the tariffs are overturned. The potential for economic repercussions from a court ruling against the tariffs is central to Trump's warnings.

Prepared by Christopher Adams and reviewed by editorial team.

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