Appeals court pauses ruling that blocked Trump’s tariffs

A federal appeals court has paused Wednesday night’s ruling from the Court of International Trade that blocked President Donald Trump’s tariffs.

The United States Court of Appeals for the Federal Circuit’s ruling restores Trump’s ability to levy tariffs using the emergency powers he declared earlier this year. The appeals court also ordered that both sides provide written arguments on the question of the blocking of Trump’s tariffs, to be filed by early next month.

The pause adds to the confusion and uncertainty swirling around Trump’s tariffs, which have been a key pillar of his economic policy.

The Court of International Trade ruled Wednesday that Trump did not have the authority under the International Emergency Economic Powers Act to impose sweeping tariffs.

The Trump administration immediately appealed the decision, setting the course for a legal battle over the economic policy that Trump promises will re-focus the American economy on manufacturing but that could raise prices for small businesses and consumers.

The pause from the appeals court came less than 24 hours later.

 

PSA BDP will continue to monitor the situation and share additional updates as they become available.