--- title: "GLOBAL MARKETS-Stocks slip, dollar sags as Trump tariffs remain after latest courtroom twist" description: "Stocks in Asia fell as the U.S. dollar weakened following an appeals court's decision to reinstate President Trump's tariffs, adding to market uncertainty. Japan's Nikkei dropped 1.7%, influenced by a" type: "news" locale: "en" url: "https://longbridge.com/en/news/242498912.md" published_at: "2025-05-30T02:37:33.000Z" --- # GLOBAL MARKETS-Stocks slip, dollar sags as Trump tariffs remain after latest courtroom twist > Stocks in Asia fell as the U.S. dollar weakened following an appeals court's decision to reinstate President Trump's tariffs, adding to market uncertainty. Japan's Nikkei dropped 1.7%, influenced by a stronger yen, while Hong Kong's Hang Seng and South Korea's KOSPI also declined. Analysts suggest the ongoing legal battles will delay investment decisions. Despite the turmoil, the Trump administration continues negotiations with trading partners, although talks with China are reportedly stalled. U.S. Treasury yields remained steady, and crude oil prices eased slightly. Japan's Nikkei underperforms as yen strengthens on safe-haven demand Appeals court reinstates duties a day after trade court halted them Analysts say court drama mostly just adds to market uncertainty By Kevin Buckland TOKYO, May 30 (Reuters) - Stocks slipped in Asia on Friday and the U.S. dollar drooped with Treasury yields as investors digested an appeals court kept President Donald Trump's tariffs in effect, a day after markets rallied on a separate ruling blocking most of them. Japan's Nikkei .N225 saw the most pronounced selling, after experiencing the most pronounced buying on Thursday, with moves in the exporter-heavy index exacerbated by the ebb and flow in demand for the safe-haven yen. The United States Court of Appeals for the Federal Circuit in Washington temporarily reinstated Trump's duties on Thursday while it considers the government's appeal. On Wednesday, a little-known trade court had unanimously ruled Trump overstepped his authority, and tariffs were the jurisdiction of Congress not the president. Either way, senior Trump administration officials said they were undeterred and expected either to prevail on appeal or to employ other powers to ensure the tariffs remain. The Nikkei dropped 1.7% in the Asian morning, putting it basically back at Wednesday's closing level. The yen strengthened about 2% from its low on Thursday to last change hands at around 143.48 per dollar JPY=EBS. A stronger yen reduces the value of overseas revenues. Hong Kong's Hang Seng .HIS sank 1.4% and mainland China's blue chip index .CSI300 eased 0.3% in early trading. South Korea's KOSPI .KS11 fell 0.5%. MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS was off 0.4%. "Trump's trade agenda remains alive and kicking, with the legal battle adding yet another layer of uncertainty," said Rodrigo Catril, senior FX strategist at National Australia Bank. "The only thing that looks more certain is more uncertainty," which will lead to additional delays in investment decisions and hiring, he said. U.S. S&P 500 futures EScv1 retreated 0.2%. The cash index .SPX rose 0.4% overnight, but that was largely the effect of resilient Nvidia NVDA.O financial results from after the market close on Wednesday, to which Asian shares already had a chance to react. Pan-European STOXX 50 futures STXEc1 edged 0.1% lower. The 10-year U.S. Treasury yield US10YT=RR was steady at 4.42% on Friday, following a 5.5 basis point slide on Thursday. Safe-haven gold was little changed at $3,311 per ounce, following a 0.8% advance in the previous session. Risk-sensitive bitcoin BTC= slipped to a 10-day low of $104,714.35. Both Brent LCOc1 and U.S. West Texas Intermediate CLc1 crude eased 0.3% early on Friday, to $63.97 and $60.75 per barrel, respectively. Despite the uncertainty injected by the courtroom drama, the Trump administration said negotiations with top trading partners continue unabated. Treasury Secretary Scott Bessent noted during an interview with Fox News that he is scheduled to have talks with a high-level Japanese delegation later on Friday in Washington. Trump had already paused his "Liberation Day" tariff rates on most trade partners for 90 days to July 9 and set a baseline rate of 10% in the meantime in order to give time for some of them to hammer out deals. So far though, apart from a broad agreement with Britain, deals remain elusive. Bessent said in the interview with Fox News that talks with China are "a bit stalled," and may need the direct involvement of Trump and Chinese President Xi Jinping to get across the finish line. ### Related Stocks - [NVDA.US - NVIDIA](https://longbridge.com/en/quote/NVDA.US.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | Rex International 在 1 月份從挪威、阿曼和德國的日產量達到 12,010 桶油當量 | Rex International Holding Ltd. 報告稱，2026 年 1 月其在挪威、阿曼和德國的資產平均石油和天然氣產量為 12,010.5 桶油當量每天（boepd）。挪威子公司 Lime Petroleum AS 在 B | [Link](https://longbridge.com/en/news/276018126.md) | | 期權熱點｜上周五 NBIS 大漲 9%，部分看漲期權飆升 378% | 美東時間 2026-02-13，Nebius 期權總成交 179098 張，看漲期權佔比 71%，看跌期權佔比 28%。 | [Link](https://longbridge.com/en/news/276030151.md) | | 對話松延動力創始人姜哲源：從亮相春晚到「要規模」 | 2026 年機器人大戰 | [Link](https://longbridge.com/en/news/276060330.md) | | identitii 表示將逐步停用 Legacy Overlay+ 平台 | identitii 有限公司：逐步淘汰遺留的 Overlay+ 平台 | [Link](https://longbridge.com/en/news/276023748.md) | | 新西蘭服務業採購經理人指數略有下降 | 新西蘭商業 NZ 服務業表現指數在 2026 年 1 月降至 50.9，較 12 月的 51.7 有所下降，表明由於假期關閉和高成本，信心減弱。儘管如此，該行業仍保持擴張，活動/銷售增長至 54.2。然而，新訂單下降至 51.8，庫存降至 | [Link](https://longbridge.com/en/news/276016987.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.