By Dietrich Knauth NEW YORK (Reuters) -A U.S. judge dismissed the state of California's challenge to President Donald Trump's tariffs, allowing the state to file an appeal over the court's ruling that the dispute should have been filed in a specialized U.

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.

President Donald Trump has said that if the U.S. is not allowed to implement tariffs, it "doesn't have, even a small chance, of economic survival."

European shares began June on a dour note as markets grappled with U.S. President Donald Trump's new tariff plans that threatened to reignite a fresh wave of global trade tensions.

The Trump administration on Monday asked a U.S. appeals court to pause a second court ruling that found the president had exceeded his authority by imposing sweeping tariffs on imports, saying the decision jeopardizes trade negotiations with other nations.

President Donald Trump’s top economic advisers stressed Sunday that they would not be deterred by a recent court decision declaring many of the administration’s tariffs to be illegal, pointing to other authorities the White House could invoke