Trump wins temporary reprieve as he fights against court block on tariffs

US president rails against judges who ruled against him as appeals court grants pause until challenge is heard

US President Donald Trump. Half of all company profit warnings last month flagged a hit from the mounting global trade war amid the fallout from Trump's sweeping tariff hikes, according to new figures.

The Trump administration is racing to halt a major blow to the president’s sweeping tariffs after a US court ruled they “exceed any authority granted to the president”.

A US trade court ruled the president’s tariffs regime was illegal on Wednesday in a dramatic twist that could block Trump’s controversial global trade policy.