Summary
A U.S. court ruled that most of the tariffs set by former President Trump are illegal. The court's decision is not being enforced immediately because it is likely to be appealed to the Supreme Court.
Key Facts
- The U.S. Court of Appeals for the Federal Circuit made the ruling.
- The decision focuses on tariffs that were announced by Trump in April and others on China, Canada, and Mexico.
- The court used emergency powers as part of the basis for its ruling.
- Tariffs on steel and aluminum are not affected by this ruling.
- The court expects the case may go to the Supreme Court, so enforcement is on hold for now.
