Latest news with #appealscourt
Wall Street Journal
5 days ago
- Business
- Wall Street Journal
Economists Cautiously Cheer Court Ruling Striking Down Trump's Tariffs
A court ruling that upends many of President Trump's tariffs could blunt inflation and recession risks for the U.S. economy if it's upheld. But for now, it's mostly heightening confusion. On Wednesday, the U.S. Court of International Trade struck down many of Trump's tariffs, finding he lacked legal authority to impose them. Economists said the longer-term impact of the decision, if it ultimately holds up on appeal, would likely be to reduce the risk of price increases and stalled economic growth. (An appeals court Thursday put the ruling on hold while it considers the Trump administration's appeal.)
ABC News
6 days ago
- Business
- ABC News
Appeals court temporarily reinstates Trump's tariffs
The Trump administration has won a reprieve after a US appeals court temporarily reinstated the president's tariffs, a day after the Court of International Trade ruled he'd overstepped his authority.
E&E News
6 days ago
- Business
- E&E News
Judges block Trump tariffs; appeals court intervenes
The legal case against President Donald Trump's tariffs is mounting, with two federal courts ruling that his novel approach of imposing sweeping tariffs on imported goods is illegal. Late Wednesday, a three-judge panel on the U.S. Court of International Trade issued an order permanently blocking Trump's tariffs. 'There is no question here of narrowly tailored relief; if the challenged Tariff Orders are unlawful as to Plaintiffs they are unlawful as to all,' the trade court wrote in an unsigned opinion. Advertisement But the effect of the decision is on hold, after a federal appeals court Thursday temporarily blocked the decision from going into effect.
Washington Post
6 days ago
- Business
- Washington Post
Tariffs are on for now thanks to appeals court in win for Trump
President Donald Trump's tariffs can continue for now, after an appeals court granted the administration' request to temporarily stay a lower court's order. The U.S. Court of Appeals for the Federal Circuit said Thursday afternoon that it would temporarily pause the effects of a decision from the Court of International Trade, which ruled Wednesday that most of Trump's tariffs were illegal and must be halted.
