Wall Street analysts are betting hard against Trump’s trade agenda surviving in court. The lawsuits stacking up across the country are gunning straight for the legal base of his tariff powers. And they’re not just hoping to overturn a few decisions;

He’s a wheeler-dealer, our president, needless to say, and he’s kind of cutting these deals — but he has scared these people, and he’s leveraged American bargaining

Stocks rose Wednesday after President Donald Trump announced the U.S. had reached a trade deal with Japan, lifting hope for further agreements being made.

A 15% tariff on Japanese imports could impact Hawaii businesses and consumers, affecting everything from electronics to industrial machinery.

U.S. stocks are rising toward another record following a trade deal between the world’s No. 1 and No. 4 economies.

President Trump has announced a flurry of trade deals that will relieve some pressure on companies and consumers from sharply higher tariffs on imports from Japan and a handful of other Asian countries.

While recession odds have been dialed back in recent weeks, economists surveyed by The Wall Street Journal still see 33% odds of one coming within a year, compared with 22% at the start of 2025. Meanwhile, earnings estimates for the S&P 500 compiled by research group FactSet are 3% lower since then, the Journal said.