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Trump Tariffs to Remain in Effect After Court Stay
Financial Express Kochi
|May 31, 2025
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.
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.
Dit verhaal komt uit de May 31, 2025-editie van Financial Express Kochi.
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