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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.

- 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.

Financial Express Kochi'den DAHA FAZLA HİKAYE

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Bets of RBI buying, lower state debt sale lift bonds

BENCHMARK GOVERNMENT BONDS gained for a third straight session on Thursday as traders grew more confident of the buying support from the Reserve Bank of India (RBI) and ahead of another reduction in state debt auctions next week.

time to read

1 min

January 23, 2026

Financial Express Kochi

PhonePe IPO: Walmart to sell ₹9,173-cr stake

Walmart’s weighted average cost of acquisition is ₹1,996.8 a piece, making these shares worth around ₹9,173 crore.

time to read

1 mins

January 23, 2026

Financial Express Kochi

Battery PLI loses charge

ONLY 2.8% OF TARGETED CAPACITY COMMISSIONED SO FAR

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2 mins

January 23, 2026

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IAF’s new ‘Sindoor’ formation on R-Day

FIGHTER JETS OF the Indian Air Force will fly in a special Sindoor formation at the Republic Day flypast this year,ina significant display of India’s air power.

time to read

1 min

January 23, 2026

Financial Express Kochi

Bangladesh defiant: Will play, not in India

AFTERICC ULTIMATUM ON WORLD CUP PARTICIPATION

time to read

2 mins

January 23, 2026

Financial Express Kochi

SAT directs Avadhut Sathe Academy to deposit ₹100 cr

THE SECURITIES APPELLATE Tribunal (SAT) on Thursday accorded a partial relief to Avadhut Sathe and his trading academy against the Securities and Exchange Board of India’s (Sebi) order of impounding %546 crore and imposing trading restrictions.

time to read

2 mins

January 23, 2026

Financial Express Kochi

P&G misses Q2 revenue estimates

PROCTER & GAMBLE'S Q2 revenue fell slightly short of Wall Street expectations on Thursday, as weak spending by US consumers and the hit from a government shutdown offset stronger growth globally.

time to read

1 min

January 23, 2026

Financial Express Kochi

Brokerages flag margin risks post Eternal Q3 show

BROKERAGES OFFERED A

time to read

1 mins

January 23, 2026

Financial Express Kochi

AI gets a seat at the C-suite hiring table

Algorithms do leadership searches but the final call stays human

time to read

1 min

January 23, 2026

Financial Express Kochi

IIFL Finance Dec qtr profit rises multifold

IIFL FINANCE, A non-banking financial institution (NBFC) providing gold loans and business loans, on Thursday said its December quarter net profit grew multifold to ₹501 crore as compared to the year-ago period.

time to read

1 min

January 23, 2026

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