05/30/2025

Trump Administration Downplays Court Ruling Blocking Sweeping Tariffs

The court found Trump overstepped his authority in imposing punitive tariffs

Senior Trump administration officials on Thursday downplayed the impact of a U.S. trade court ruling that blocked the most sweeping of President Donald Trump's tariffs, expressing confidence it would be overturned on appeal and insisting there are other legal avenues to employ in the interim.

Financial markets, which have whipsawed wildly in response to every twist and turn in Trump's chaotic trade war, reacted with cautious optimism on Thursday, a day after the U.S. Court of International Trade ruled that Trump overstepped his authority in imposing punitive tariffs on virtually every country in the world.

The Trump administration immediately asked an appeals court to stay the ruling and allow the tariff regime to remain in place. Trump has put tariffs at the center of his effort to extract concessions from U.S. trading partners, including traditional allies such as Canada, the European Union and Mexico.

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