A federal appeals court is allowing Trump’s tariffs to stay in place, issuing a stay of a U.S. court ruling yesterday that blocked several of the tariffs from going into effect. The U.S. Court of International Trade ruled yesterday that he had exceeded his authority in imposing the tariffs on U.S. trading partners.

Financial markets have welcomed a U.S. court ruling that blocks President Donald Trump from imposing sweeping tariffs on imports under an emergency-powers law

Asian shares have advanced and U.S. futures jumped after a federal court blocked President Donald Trump from imposing sweeping tariffs on imports under an emergency-powers law