US Court Allows Trump's Liberation Tariffs to Stay During Appeal

Federal appeals court in the US said it would allow the most broad-reaching of tariffs that President Donald Trump has imposed to date to remain in place as the appeals court considers a lower court ruling that had blocked the tariffs on the basis that Trump had exceeded his authority in imposing them.

According to the US Court of Appeals in Washington, DC the ruling implies that Donald Trump can, at least in the short term, maintain his so-called Liberation Day tariffs on imports foremost US trading partners and a second series of tariffs he imposed on Canada, China and Mexico, news agency Reuters reported.

• Appeals court permits Trump’s wide-ranging tariffs to remain in place temporarily.
• The court has yet to rule on whether Trump’s tariffs comply with emergency economic powers.
• The tariffs have disrupted global markets and challenged supply chain stability.

The appeals court had not decided whether the tariffs are allowed under an emergency economic powers act that Donald Trump had used to justify the tariffs, but it permitted the tariffs to stay in effect as the appeals run their course.

Also Read: US Court Halts Trump's Attempt to Impose 'Liberation Day' Tariffs on Imports

The tariffs, which Trump has been employing as bargaining chips in US trade talks with its partners, and their back-on-again, off-again vagaries have shocked markets and whipsawed companies both big and small as they strive to manage their supply chains, production, staffing and prices.