@realDonaldTrump
The Appeal Court temporarily stopped the order of the Federal Trade Court issued a day earlier. Trump is facing several cases, arguing that his “liberation day” tariffs were beyond his authority and depended on the country’s business policy on his craze.
Amid the tariff issue in the US, the federal appeal court on Thursday allowed US President Donald Trump to continue collecting tariffs under the law of emergency powers, as their administration is appealing against the order to cancel a large part of their economic policies. The appeal for the federal circuit accepted the emergency petition of the Trump administration, arguing that the ban is important for the national security of the country.
The Appeal Court temporarily stopped the order of the Federal Trade Court issued a day earlier. Trump is facing several cases, arguing that his “liberation day” tariffs were beyond his authority and depended on the country’s business policy on his craze. A panel of three judges of the US International Trade Court ruled on Wednesday that Trump encroached by announcing the national emergency by implementing the 1977 International Emergency Economic Power Act and by announcing tax -tariffs on imports from almost every country in the world.
The decision was a major setback for Trump, whose uncertain trade policies have shaken the financial markets, crippled businesses with uncertainty and increased the possibility of high prices and slow economic growth.
Other news
