U.S. Appeals Court Upholds Trump's 10% Tariff Policy, May Go to Supreme Court

On June 12, a U.S. appeals court extended a lower court's injunction regarding Trump's imposition of a 10% global tariff. The federal appeals court ruled that the government can enforce these tariffs while legal disputes are ongoing. The court stated that allowing the tariffs to continue temporarily is 'well justified.' The ruling affects three importers, including two small businesses and the state of Washington, which paid tariffs for purchases made by the University of Washington. Trump imposed these tariffs in February under Section 122 of the Trade Act of 1974, after the U.S. Supreme Court overturned his previous tariffs imposed under the International Emergency Economic Powers Act. However, in May, a divided panel of the U.S. International Trade Court ruled that the tariffs imposed under Section 122 were also invalid, leading to a new round of appeals that may likely be submitted to the Supreme Court again. (Jinshi)