A federal appeals court ruled on Tuesday that President Donald Trump’s sweeping tariffs on U.S. trading partners could remain in effect amid ongoing litigation.
In a ruling, the U.S. Court of Appeals for the Federal Circuit granted the Trump administration’s request to extend a stay on a lower court’s ruling that had blocked the tariffs on the grounds that Trump exceeded his authority by issuing sweeping levies on nearly all trade partners.
“Both sides have made substantial arguments on the merits. Having considered the traditional stay factors, the court concludes a stay is warranted under the circumstances,” the court stated….