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Fortune

Diane Brady

Ruling against Trump tariffs is a win for the legislative branch

Donald Trump Nvidia Diane Brady United States

(Credit: Andrew Harnik—Getty Images)

In today’s CEO Daily: Diane Brady on Trump’s tariff loss in court.
The big story: Nvidia beats expectations.
The markets: Pleased with the court ruling.
Analyst notes on the tariff ruling from UBS, Convera, and Deutsche Bank.
Plus: All the news and watercooler chat from Fortune.

Good morning. For months, many business leaders have quietly opposed President Trump’s tariffs—quietly because many were shocked and unnerved that one man could upend the global economy and hard-wrought trade deals with a flash of his pen from the Oval Office.

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