Appeals court allows Trump to collect 10% global tariffs for now
A federal appeals court is allowing President Donald Trump to collect his temporary 10% global tariffs for now while the legal challenges against the trade levies proceed through the judicial system. In a Thursday ruling, the U.S. Court of Appeals for the Federal Circuit in Washington, D.C., concluded the Trump administration‘s case in defense of […]
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A federal appeals court is allowing President Donald Trump to collect his temporary 10% global tariffs for now while the legal challenges against the trade levies proceed through the judicial system. In a Thursday ruling, the U.S. Court of Appeals for the Federal Circuit in Washington, D.C., concluded the Trump administration‘s case in defense of its Section 122 tariffs was “likely to succeed on the merits.” Recommended Stories Trump teases peace deal signing in Europe after calling off Iran strikes Trump arch could take up to three years and 20 hours of construction per day Arts organization posts Kennedy Center livestream for Trump name takedown Under the Trade Act of 1974, Section 122 permits tariffs up to 15% for 150 days.
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