A federal appeals court offered President Donald Trump a temporary reprieve from a ruling threatening to throw out the bulk of his sweeping tariff agenda, giving at least some hope to a White House now facing substantial new restrictions on its effort to rewrite the global trading order.
The administration celebrated the order from the US Court of Appeals for the Federal Circuit as validating its vow to aggressively challenge a ruling issued Wednesday night by the Court of International Trade blocking sweeping parts of Trump’s tariffs over his use of the International Emergency Economic Powers Act, or IEEPA.
White House officials also stressed Trump has options to pursue similar tariffs through other authorities if appeals ultimately fall short, even as they planned to continue defending the legality of the IEEPA tariffs to the US Supreme Court.
Trump hailed the appeals court ruling in a social media post on Thursday night, while calling the original decision “so wrong and so political!” He claimed that seeking congressional approval for tariffs would hinder his trade agenda and “completely destroy Presidential Power.”
“Hopefully, the Supreme Court will reverse this horrible, Country threatening decision, QUICKLY and DECISIVELY,” Trump said in the post.
Follow the MoneyCentral Nigeria channel on WhatsApp: Click here!
