Best Buy cuts 2025 guidance due to impact of Trump administration tariffs originally appeared on Bring Me The News. Best Buy cut its sales and profit guidance for 2025 due to the ongoing uncertainty caused by the trade war sparked by President Donald Trump.

A cloud hangs over the global economy, experts have warned, after a bombshell court ruling blocked Donald Trump’s tariffs, creating more “confusion and uncertainty”.Financial markets reacted positively to the unanimous ruling by three judges,

A US federal court’s ruling late Wednesday against President Donald Trump’s authority to levy some of his most sweeping tariffs may have also dealt a serious blow to the president’s entire economic agenda.

I'm under no illusions that there could be surprises just around the corner,” said Ernie Tedeschi, Director of Economics at the Yale Budget Lab.

"This ruling protects American businesses from the destabilizing effects of volatile, unilaterally imposed tariffs."

Walmart and other major U.S. retailers were bracing for price hikes due to steep tariffs, but now that could change.

Investing.com--  Oil prices fell in Asian trade on Friday and were headed for a weekly loss amid heightened uncertainty over U.S. President Donald Trump’s trade tariffs, with focus turning to an upcoming OPEC+ decision on output.

David Frum, Staff Writer for The Atlantic and Justin Wolfers, Professor of Economics at the University of Michigan join Nicolle Wallace on Deadline White House to discuss Donald Trump once again pulling the rug on his planned tariff implementation this time delaying increased tariffs to the European Union to July 9,

Investors are weighing a court decision that blocked some Trump tariffs, Nvidia's earnings report, and Musk's renewed focus on Tesla.