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A U.S. appeals court has temporarily allowed Trump-era tariffs to remain in place, reversing a lower court's decision that deemed the tariffs unconstitutional. The tariffs, which were part of Trump's trade policy, were challenged by small businesses and U.S. states who argued that Trump exceeded his authority by imposing tariffs without Congress's approval ยน ยฒ.
*Key Points:*
- *Tariffs Remain in Place*: The appeals court's decision allows the tariffs to stay in effect while the legal battle continues.
- *Next Court Hearing*: The next court hearing is scheduled for June 5, where the plaintiffs will respond to the government's appeal.
- *Government's Confidence*: Trump officials have expressed confidence that the tariffs will survive the appeal, citing alternative legal tools to keep the tariff plan in place.
- *Impact on Trade*: The decision has implications for international trade, with potential consequences for businesses and consumers.
- *Exemptions*: The ruling does not affect tariffs on vehicles, steel, and aluminum, which were imposed through a separate law ยฒ ยน ยณ.
The White House has welcomed the decision, while critics argue that the tariffs exceed presidential authority. The case is ongoing, with further proceedings scheduled for June โด.$BTC