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Stocks climb after US court blocks Trump tariffs

U.S. President Donald Trump speaks after signing executive orders in the Oval Office of the White House May 23, 2025 in Washington, DC. [AFP]

Global stocks and the dollar largely firmed Thursday after a US court blocked most of President Donald Trump's sweeping tariffs from taking effect.

Equities across Europe and Asia climbed on hopes that Trump's April 2 "Liberation Day" tariffs may not be imposed, easing concerns that had roiled global markets and sparked recession fears.

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