Appeals court rules Trump’s 10 percent global tariff can stay, for now (opens in new tab)

On Thursday, federal appeals court ruled that President Trump’s 10 percent global tariff is likely legal, deciding it can remain in place until the court delivers its final word. Trump imposed the new levy after the Supreme Court invalidated his previous emergency tariffs as exceeding his authority. Last month, a federal trade court found the new tariff unlawful and blocked officials from forcing a group…