A U.S. appeals court temporarily reinstated the Trump administration’s 10% global tariff for three importers after last week’s trade court ruling against the measure, which was introduced in February and is due to expire in July.
A U.S. appeals court has temporarily reinstated the Trump administration’s 10% global tariff under Section 122, allowing the levy to apply again to three importers. The move follows last week’s ruling by the U.S. Court of International Trade against the tariff measures. The tariff was introduced in February and is scheduled to expire in July unless it is extended.