The 7-4 ruling won't take effect until Oct. 14, as the court sought to give the Trump administration time to appeal to the Supreme Court.
Trump’s reciprocal tariffs could be struck down as soon as this month—and the administration is warning of economic apocalypse
August 16, 2025
Trump’s trade negotiation tactic may have just gone up in smoke as court blocks tariffs, but economists believe it’s ‘hardly the end of this story’
May 29, 2025
Trump’s trade deals are illegal, Piper Sandler warns, predicting a Supreme Court smackdown by June 2026
The decision on tariffs introduces fresh uncertainty, says Gregory Daco, EY-Parthenon chief economist.
Trump has recently announced preliminary trade deals with Japan and other countries, and many of his paused "reciprocal" tariffs…
The investment bank thinks a 9-0 ruling against Trump is likely. That doesn't mean the tariffs will just go away.
The appeals court stayed its ruling until Oct. 14, giving the Trump administration time to ask the Supreme Court to hear the case.
The tariffs can remain in place until mid-October to allow the Trump administration time to request the Supreme Court take up the…
If the Supreme Court upholds the ruling, President Donald Trump would lose some, but not all, of his broad tariff powers.
Trump tariffs that are voided by — and ones that are safe from — Friday's appeals court ruling
