Federal Appeals Court Allows President Trump's Backup Tariff Plan to Continue
A federal appeals court on Thursday said President Trump can implement his backup tariff plan...for now. The post Federal Appeals Court Allows President Trump's Backup Tariff Plan to Continue appeared first on The Gateway Pundit.
TL;DR
- A federal appeals court has permitted President Trump's backup tariff plan to remain in effect.
- The tariffs, a 10% global tariff, are allowed to continue pending the outcome of an appeal.
- This ruling follows a previous decision by a lower court to strike down the backup tariffs.
- The Supreme Court had previously blocked other Trump tariffs, ruling he lacked authority under the International Emergency Economic Powers Act.
- The current tariffs were imposed under Section 122 of the Trade Act and are scheduled to expire on July 24.
- A lawsuit was filed by a small business challenging the global tariff.