A U.S. federal court ruling blocking President Trump's 'Liberation Day' tariffs stirred mixed market reactions. Stocks fluctuated while the dollar initially rallied, then weakened. Analysts are cautious as the ruling may lead to prolonged legal battles,

President Donald Trump is using his love of tariffs to threaten high-profile American companies. Over the past month, Trump has said he’d like to target two specific and very different companies — Apple and Mattel — with tariffs aimed at their key products over comments by their CEOs.

The Trump administration has said this latest tariff move will help secure the US steel industry and curb foreign countries from flooding the US market with low-cost metals. DW has the latest.