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Home FINANCE

Trump Reciprocal Tariffs Reinstated Following Appeals Court Overturn: Bullish or Bearish for Markets?

by Sham
May 29, 2025
in FINANCE, OPINION, POLITICS
Reading Time: 2 mins read
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  • A federal appeals court temporarily paused a ruling that struck down Trump-era tariffs.
  • The Trump administration had threatened to seek emergency relief from the Supreme Court.
  • The pause gives the appeals court time to review the case, with no final decision yet.

A federal appeals court just gave the Trump administration a temporary breather. On Thursday, the court agreed to pause a lower-court decision that had basically torched most of Trump’s tariffs. It’s not a final call, but it buys the administration some time to figure out its next move.

BREAKING: 🇺🇸 FEDERAL APPEALS COURT REINSTATES TRUMPS 'LIBERATION DAY' TARIFFS FOLLOWING BLOCK

SAYS THE COURT NEEDS MORE TIME TO CONSIDER FILINGS

ARE YOU TIRED OF WINNING YET? pic.twitter.com/lrVxkUS1u7

— BlockNews (@blocknewsdotcom) May 29, 2025

Earlier this week, the Trump team warned that if the ruling didn’t get paused ASAP, they’d be running to the Supreme Court for “emergency relief” by Friday. So yeah, they weren’t messing around. That lower-court decision dropped Wednesday night—out of the U.S. Court of International Trade—and it didn’t leave much of Trump’s trade policy standing.

Now, with the appeals court stepping in, the judgment’s been put on hold “until further notice,” while the court reviews the paperwork. No timeline was given, no hints either—just a legal limbo while they sort through the arguments. So for now, those tariffs? Still standing. But this isn’t over. Not even close.

Tags: Supreme CourtTariffsTrump Administration
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