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Summary
The Federal Circuit Court of Appeals has upheld President Trump’s wide-ranging tariffs until at least the end of July, pausing a lower court ruling that deemed them illegal. The tariffs, originally justified under a 1977 law regarding emergency import regulations, have faced legal challenges from businesses and state governments who argue the president lacks such authority. Despite criticism and market disruption, Trump maintains these tariffs are essential for addressing trade imbalances and revitalizing U.S. manufacturing, with certain exemptions currently in place for goods from Canada and Mexico.
