An appeals court ruled President Donald Trump can continue to levy tariffs while challenging a court order that had blocked them, a quick reversal that allows Trump to keep wielding his trademark economic tool in the short term.
The May 29 ruling by the comes a day after the United States Court of International Trade invalidated his use of the International Emergency Economic Powers Act of 1977 to impose tariffs.
The May 28 trade court ruling was a setback Trump's economic agenda, but the administration quickly appealed and won at least a temporary reprieve.
The surprise ruling by the trade court had threatened to kill or at least delay the imposition of Trump's "Liberation Day" tariffs on most U.S. trading partners, as well as import levies on goods from Canada, Mexico and China related to his accusation that the three countries were facilitating the flow of fentanyl into the U.S..
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