A federal appeals court on Thursday is temporarily allowing President Donald Trump to continue collecting tariffs under a new emergency powers law.
The Court of Appeals for the Federal Circuit granted an emergency motion from the Trump administration arguing that a halt is “critical for the country’s national security.”
The appeals court temporarily halted the order from a federal trade court issued a day before.
On Wednesday, a three-judge panel of the U.S. Court of International Trade ruled that Trump overstepped his authority when he invoked the 1977 International Emergency Economic Powers Act to declare a national emergency slap tariffs on imports from almost every country in the world.
The ruling was a big setback for Trump, whose erratic trade policies have rocked financial markets, paralyzed businesses with uncertainty and raised fears of higher prices and slower economic growth.
The order to temporarily allow the tariffs to continue directed plaintiffs in this case to respond by June 5 and the Trump administration has until June 9, according to a Reuters report.
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