U.S. stocks rose Friday in the minutes after the Supreme Court said that President Donald Trump could not impose sweeping tariffs under the International Economic Emergency Powers Act.

The US Supreme Court struck down President Donald Trump’s sweeping global tariffs, undercutting his signature economic policy and delivering his biggest legal defeat since he returned to the White House.

The Supreme Court struck down President Donald Trump's far-reaching global tariffs on Friday, handing him a significant loss on an issue crucial to his economic agenda. The 6-3 decision centers on tariffs imposed under an emergency powers law,

The Supreme Court justices have weighed in on the legality of the US President's tariffs on global trading partners.

The gap between the value of goods imported into the US and American products sold to other countries widened by 2.1% compared to 2024, hitting roughly $1.2 trillion (£890m), official figures show. The rise emerged despite a sharp drop in trade with China,