Appeals court slams brakes on sweeping order that blocked most Trump tariffs

A federal appeals court put the brakes Thursday on a lower court order that overturned most of President Trump’s sweeping tariffs.A full 11-judge panel on the US Court of Appeals for the federal circuit stayed the order by the Manhattan-based Court of International Trade while the White House appeal is heard.The Court of International Trade had ruled that Trump exceeded his authority under the International Emergency Economic Powers Act by imposing a 10% flat duty rate on dozens of countries around the world — as well as 25% tariffs on Canada and 20% tariffs on China and Mexico in response to illegal fentanyl trafficking.The tariffs had been challenged by a dozen states and five small businesses — which the appeals panel gave until June 5 to respond to Thursday’s stay.This is a breaking story.Please check back for more information....

Read More 
PaprClips
Disclaimer: This story is auto-aggregated by a computer program and has not been created or edited by PaprClips.
Publisher: New York Post

Recent Articles