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The U.S. Court of Appeals temporarily stays a ruling against Trump’s tariffs, questioning the extent of presidential power under the IEEPA until June 2025.
The appeals court temporarily halted the order from a federal trade court issued a day before.
The federal appeals court granted an ‘administrative stay’ of a Wednesday evening ruling striking down the tariffs.
Investors are weighing a court decision that blocked some Trump tariffs, Nvidia’s earnings report, and Musk’s renewed focus on Tesla.
Trump’s multi-front attack on nearly all college revenues is exacerbating an existing liquidity crunch.
The federal court could potentially derail Trump’s trade war, but the Supreme Court could still intervene.
A federal appeals court has paused Wednesday night’s ruling from Court of International Trade that blocked President Donald Trump’s tariffs.
Courts will determine the damage. Plus: The State Department looks for new homes for deportees.
A court’s order to halt most of Trump’s tariffs has been temporarily paused by an appeals court.