U.S. Appeals Court Temporarily Reinstates Trump Tariffs
- The U.S. Court of International Trade ruled many Trump tariffs exceeded presidential authority under the IEEPA.
- Trump’s executive order on April 2nd imposed tariffs against 57 countries, later modified by follow-up orders.
- The CIT also struck down earlier tariffs on Mexico, Canada, and China linked to narcotics issues.
- The Trump Administration appealed the CIT ruling and obtained a stay from the U.S. Court of Appeals for the Federal Circuit.
- White House Press Secretary criticized the CIT decision as disruptive to diplomatic and trade negotiations.
The legal back-and-forth over Trump’s tariffs continues as the appeals court temporarily reinstates them following a CIT ruling that deemed them beyond presidential authority under IEEPA.
Source (2.6)https://dailyhodl.com/2025/05/29/appeals-court-temporarily-reinstates-trump-tariffs-a-day-after-they-were-blocked-by-u-s-court-of-international-trade/?rand=59076