Federal Appeals Court Temporarily Halts Ruling Against US Global Tariffs

A federal appeals court on May 12 temporarily put on hold a lower court ruling striking down the Trump administration’s global tariffs. On May 7, the U.S. Court of International Trade voted 2–1 to invalidate the temporary 10 percent value-based import duty that is layered atop existing tariffs on most goods entering the United States from all countries. The federal government promptly filed an appeal with the U.S. Court of Appeals for the Federal Circuit and asked the appeals court to block the ruling. The Federal Circuit granted what is known as an administrative stay, without ruling on the merits of the appeal....