U.S. Appeals Ruling That Halted 10% Global Tariff Ahead of China Meeting
The Trump administration filed an appeal on Friday against a Court of International Trade decision that enjoined a 10% global tariff introduced in February. The court, in a 2-1 ruling, found Section 122 of the 1974 Trade Act was not intended to address trade deficits and blocked the tariffs for three importers. The action comes roughly a week befor…