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Appeals court halts ruling that blocked Trump's tariffs

Appeals court halts ruling that blocked Trump's tariffs
A federal appellate court on Thursday temporarily stayed a ruling that effectively wiped out most of President Trump's tariffs.Why it matters: The intervention will deepen the chaos around the Court of International Trade's Wednesday order, which threatens to upend global commerce.Catch up quick: The trade court ruled that Trump did not have the authority under the 1977 International Emergency Economic Powers Act to impose sweeping reciprocal and retaliatory tariffs.The administration immediately appealed, and suggested Thursday it could go straight to the Supreme Court to seek relief if other courts did not act quickly.Driving the news: The U.S. Court of Appeals for the Federal Circuit issued an order Thursday staying the trade court's ruling while it considers motions from both sides.It ordered the plaintiffs in the case to file a response by June 5, and the government to reply by June 9.What they're saying: "The ruling by the U.S. Court of International Trade is so wrong, and so political! Hopefully, the Supreme Court will reverse this horrible, Country threatening decision, QUICKLY and DECISIVELY," Trump said in a Truth Social post on Thursday evening.The other side: "The administrative stay issued today simply gives the Court of Appeals more time to consider the important issues presented in our case," said Oregon Attorney General Dan Rayfield (D), whose office is leading the states' suit, in a statement posted to X."It is not a ruling on the merits."Go deeper: What to know about the court that paused Trump's tariffsEditor's note: This article has been updated with comment from President Trump and Oregon Attorney General Dan Rayfield.

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