A U.S. appeals court has ruled that the majority of President Donald Trump's tariffs are in violation of the law.

MUFG has made a great cheatsheet on the range of possible acts that Trump could use to implement tariffs and sidestep the US court ruling. The ruling is of course not the end of the tariffs saga. It just adds more uncertainty and volatility. I think it would been better to let things play out as Trump doesn't want to sink the economy anyway and "escalate to de-escalate" is just his strategy to bring countries to the table. This article was written by Giuseppe Dellamotta at www.forexlive.com.

Court Orders ICE To Provide Hearing Or Release Indian National.