Trump tariffs held up in court.

Trump tariffs held up in court.

A federal appeals court has ruled that most of Donald Trump’s tariffs are an overreach of his use of emergency powers as president.

The so-called reciprocal tariffs – imposed on nearly every country the US trades with – are being illegally imposed, the US Court of Appeals said on Friday.

The decision upholds a ruling in May from the Court of International Trade, which also rejected Trump’s argument that his global tariffs were permitted under an emergency economic powers act.

Many of the tariffs that would be affected by the ruling stem from an announcement in April of a flat 10% rate on imports from all countries, which Trump said would even out “unfair” trade relations with the US.

The court did not halt the tariffs but instead said they would remain in place until mid-October, setting up a further legal challenge in the US Supreme Court.

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