A San Francisco judge dismissed California's lawsuit against Trump's tariffs due to jurisdiction issues, opening a path for them to appeal to the U.S. 9th Circuit Court.

A federal judge has dismissed California's lawsuit challenging President Donald Trump's tariffs, paving the way for the case to be transferred to the Court of International Trade.

But the court left open a path for state officials to appeal to the liberal-leaning U.S. 9th Circuit Court of Appeals.

But pencil in the heightened economic uncertainty created by the on-again, off-again tariff negotiations by the Trump administration, and some businesses are seeing red.

Donald Trump’s combative trade policies have tipped the world economy into a downturn, with the US among the hardest hit, the OECD said.

U.S. President Donald Trump's tariff decisions since he took office on January 20 have shocked financial markets and sent a wave of uncertainty through the global economy. Here is a timeline of the major developments: February 1 - Trump imposes 25% tariffs on Mexican and most Canadian imports and 10% on goods from China,