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Trump Tariffs to Remain in Effect After Court Stay

May 31, 2025

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Financial Express Kochi

A federal appeals court temporarily paused a sweeping ruling against President Donald Trump's global tariffs while it takes more time to consider the administration's request for a longer-lasting hold.

- BLOOMBERG

A brief order granting a so-called administrative stay was issued Friday by the US Court of Appeals for the Federal Circuit, the latest twist in a case that has upended a pillar of Trump's economic agenda.

It pauses an order that had blocked the tariffs and given the administration 10 days to unwind the levies.

The new order, which didn't include an explanation, creates fresh uncertainty about the fate of Trump's tariffs.

In a court filing earlier Thursday, the Justice Department said the May 28 decision by the US Court of International Trade harmed US diplomacy and intruded on Trump's exclusive authority to conduct foreign affairs.

It asked the Federal Circuit to put the ruling on hold while the US pursued a formal appeal.

The Federal Circuit laid out a briefing schedule that runs through June 9 to decide on the request for a longer-term stay.

The unsigned order was issued by a panel of 11 judges, all but three of whom were appointed by Democrats.

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PM inaugurates Skyroot's orbital rocket in Hyderabad

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Airtel likely to dial up capex by 56% in FY27

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Financial Express Kochi

Unified portal soon to help retrieve unclaimed assets

THE FINANCE MINISTRY is working with the Reserve Bank to develop a unified portal to enable savers and retail investors to claim all unclaimed assets across asset classes such as bank deposits, pension fund, shares, and dividends, Department of Financial Services Secretary M Nagaraju said on Thursday.

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1 min

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Financial Express Kochi

NBBL targets one billion monthly transactions

NPCI BHARAT BILLPAY'S (NBBL) platform aims to process 1 billion transaction per month over the next three years, said Noopur Chaturvedi, MD & CEO of NBBL, a wholly owned subsidiary of the National Payments Corporation of India.

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Financial Express Kochi

Meesho to raise up to ₹5,400 crore through IPO

INDIAN E-COMMERCE PLATFORM Meesho will raise up to %5,400 crore through an initial public offering that will open on December 3, sources said.

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1 min

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Financial Express Kochi

Benchmarks touch lifetime highs

ACCORDING TO Aashish P Sommaiyaa, ED & CEO of WhiteOak Capital AMC, while domestic flows are sustainable, FPI outflows are abating and there are early signs of change.

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Financial Express Kochi

Private telcos flag gaps in DPDP Rules

THE CELLULAR OPERATORS Association of India (COAI), which represents the three private telcos in the country, has said that several areas in the Digital Personal Data Protection (DPDP) Rules, 2025 require clearer articulation to support smoother and industry-aligned compliance.

time to read

1 min

November 28, 2025

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