In a possible reprieve for India, a federal appeals court has struck down the reciprocal tariffs imposed by US President Donald Trump.
In a possible reprieve for India, a federal appeals court has struck down the reciprocal tariffs imposed by US President Donald Trump, ruling he did not have the extensive powers to set them.
The court, however, left the tariffs in place till October 14 to give the Trump administration time to appeal to the Supreme Court.
Soon after the decision was announced on Friday afternoon, Trump denounced it as “highly partisan” and vowed to appeal to the Supreme Court, where he said he would find “help”.
“If allowed to stand, this Decision would literally destroy the United States of America”, Trump wrote on Truth Social.
White House Deputy Press Secretary Kush Desai said, citing the temporary stay, “The President’s tariffs remain in effect, and we look forward to ultimate victory on this matter”.
The ruling applies mostly to the reciprocal tariffs imposed by invoking the International Economic Emergency Powers Act (IEEPA) and not to the others set under the national security provisions.
