The Trump administration has breathing room after a Federal Appeals Court paused a ruling against Donald Trump’s tariffs. Going forward, the Trump administration maintains that it will still file an appeal against the US Court of International Trade ruling, but time may be running out. Federal Appeals Court Provides A Lifeline For Trump Tariffs The US Court of Appeals for the Federal Circuit has released an order effectively pausing a ruling by the US Court of International Trade. According to a Bloomberg report, the Federal Circuit has granted a stay on the decision, providing a lifeline for Trump tariffs. The filing by the Justice Department poked holes in the Trade Court’s decision to strike down Trump tariffs. The Justice Department argued that the ruling from the US Court of International Trade infringed on Donald Trump’s rights to steer foreign policy. The Federal Circuit leaned toward the argument of the Justice… Read More at Coingape.com
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