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Asian equities boosted by US court’s tariff ruling, Nvidia results

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Asian stocks rallied with US futures Thursday after a US court blocked Donald Trump’s sweeping global tariff blitz, dealing a hefty blow to the president’s signature trade policy and providing some much-needed relief.After hearing cases brought by businesses and a coalition of state governments, the three-judge Court of International Trade agreed that the president’s actions violated the power of the purse given to Congress under the constitution.

 

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