Key takeout
The ruling is Trump’s latest twist in the trade war, fostering uncertainty about the future of the economy.
Experts said Trump’s tariffs could likely remain regardless of the legal battle, as they could be imposed using alternative procedures.
A federal appeals court ruled Thursday that President Donald Trump’s broad tariffs could remain for at least for now.
The Federal Circuit ruling has allowed the tariffs imposed by Trump last month to remain in place while the court determines their legality. Late Wednesday, a lower court ordered many of Trump’s tariffs to be removed in 10 days, as they were not justified under the emergency powers Trump cited when he imposed.
The court’s ruling is the latest twist in Trump’s unqualified tariff campaign, which has curtailed uncertainty among business and financial decision-makers around trade policy and encouraged concerns about higher inflation and economic slowdowns among economists and the public.
The ruling affects Trump’s 10% tariffs on most countries and affects higher “mutual” tariffs on certain trading partners. Several businesses affected by the tariffs, and a group of states have been suing to stop them.
Trade experts said Trump could have used other forces to implement tariffs anyway.
