A US appeals court has temporarily upheld President Trump’s broad import tariffs on China and other countries, allowing the trade levies to remain in place while legal challenges continue. The ruling reverses a lower court decision that had blocked most tariffs, ruling Trump exceeded his authority.
The administration condemned the earlier court ruling and is confident of a full victory on appeal, calling on the Supreme Court to intervene. Despite legal setbacks, Trump’s tariffs aim to address trade imbalances and national security concerns. Meanwhile, markets showed mixed reactions as negotiations with trading partners proceed.
