BTCC / BTCC Square / Global Cryptocurrency /
Trump Administration Seeks to Pause Tariff Rulings Amid Legal and Trade Uncertainties

Trump Administration Seeks to Pause Tariff Rulings Amid Legal and Trade Uncertainties

Global Cryptocurrency
Release Time:
2025-06-02 21:47:02
0

The TRUMP administration has requested an appeals court to halt a ruling that blocked its controversial tariffs, invoking the International Emergency Economic Powers Act (IEEPA). This legal battle follows two federal court decisions—from the U.S. Court of International Trade in Manhattan and a Washington, D.C. court—which found the administration overstepped its authority under IEEPA. Judge Rudolph Contreras delivered a pointed rebuke, stating IEEPA does not grant tariff-imposing powers.

Senior officials, including Secretary of State Marco Rubio and Trade Representative Jamieson Lee Greer, submitted affidavits defending the tariffs, warning that legal instability jeopardizes delicate negotiations with multiple nations. The administration secured a temporary stay but seeks a broader pause as it appeals.

Scrutinized tariffs include April’s "Liberation Day" measures targeting a wide range of imports, as well as earlier duties on Canada, Mexico, and China. These nations reject U.S. allegations of contributing to fentanyl trafficking. Meanwhile, U.S.-China tensions escalate as Washington pushes for trade concessions.

Articles on this site are sourced from public networks or curated by AI for informational purposes only and do not represent BTCC’s views. Original rights belong to the respective authors. For copyright concerns, please contact [email protected]. BTCC assumes no liability for the accuracy, timeliness, or completeness of this information, and disclaims all liability arising from reliance on such content. This content is for reference only and should not be taken as investment, legal, or commercial advice.

|Square

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users