A federal appeals court has temporarily reinstated President Trump's tariffs on most US trading partners after a lower court ruled they exceeded presidential authority. The appeals court's decision followed an emergency motion by the Trump administration citing national security concerns. The earlier ruling highlighted the limitations of the International Emergency Economic Powers Act (IEEPA) in imposing tariffs. Experts have criticized this application of IEEPA, pointing out its intended use for specific national emergencies rather than trade issues.
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.
Experts said the IEEPA, which was passed in 1977, is narrow in scope and targets specific countries, US-designated terrorist organisations, or gang activity pegged to specific instances.
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