A group of small businesses that won a ruling that most of President Donald Trump's global tariffs are illegal wants the tariffs blocked during the government's appeal, saying they are suffering direct harm from economic uncertainty.
In a filing Monday with the U.S. Court of International Trade, which last week ruled that Trump exceeded his authority in imposing broad trade levies, the groups opposed the administration's request to keep the tariffs in place during its appeal. The appeals process is likely to drag on for months, so a pause would be a win for the White House.
It's unclear what effect the trade court's ruling will have on the stay request. The court's May 28 ruling has been temporarily stayed by the U.S. Court of Appeals for the Federal Circuit. The appeals court is also considering whether to grant a longer pause and has the authority to overturn the trade court's decision. The groups suing have been asked to file their objections with the Federal Circuit by Dec. 9. (alg)
Source: Bloomberg
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