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U.S. appeals court reinstates Trumps tariffs as legal battle reframes global trade war [Video]

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Canadian Economy and Markets

A U.S. federal appeals court is temporarily leaving in force President Donald Trump’s sweeping tariffs on imports, upending a lower-court ruling the day before that declared tariffs brought in under national emergency powers unlawful.

The Court of Appeals for the Federal Circuit in Washington on Thursday stayed a ruling by the New York-based U.S. Court of International Trade from the previous day that ordered a halt to many of Mr. Trump’s tariffs.

The stay will last while the appellate court decides on a request by the Trump administration to continue collecting tariffs during the appeals process. On Thursday, Mr. Trump called on the Supreme Court to step in, while the White House signalled it was exploring other avenues for enacting tariffs.

These latest developments set up a legal battle over the centrepiece of Mr. Trump’s global trade war, adding uncertainty to what was already one of the President’s most chaotic files.

Earlier on Thursday, Prime Minister Mark Carneywelcomed the trade court decision, which found Mr. …

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