Trump's tariffs to remain in effect after appeals court grants stay - News Summed Up

Trump's tariffs to remain in effect after appeals court grants stay


The trade court ruling had not interfered with any negotiations with top trading partners that are scheduled in the days ahead, Trump's administration said. "The horrific decision stated that I would have to get the approval of Congress for these Tariffs," Trump wrote on Thursday evening. Canadian Prime Minister Mark Carney said the trade court's finding was "consistent with Canada's longstanding position" that Trump's tariffs were unlawful. The Liberty Justice Center, the nonprofit group representing five small businesses that sued over the tariffs, said the appeals court's temporary stay was a procedural step. Trump's trade war has shaken makers of everything from luxury handbags and sneakers to household appliances and cars as the price of raw materials has risen.


Source: bd News24 May 30, 2025 03:13 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */