International Trade Court Ruling Stayed
A brief update on yesterday’s post: the Trump Administration appealed the International Trade Court decision, and the Federal Court of Appeals has issued a temporary stay of the lower Court’s decision—meaning tariffs are, at the moment, still on. Meanwhile, a second federal court—the United States District Court for the District of Washington, D.C.—has also issued a ruling enjoining the tariffs. There, the court stayed its ruling for fourteen days to allow the administration to seek an appeal (this time to the U.S. Court of Appeals for the District of Columbia Circuit). With two appeals in two different circuit courts, we may be on a fast-track to a Supreme Court appeal... which, as you can imagine, means more uncertainty for the time being.
Check out my posts here and here to learn how to protect yourself from this tariff rollercoaster. Better yet, reach out to grab coffee and discuss.