U.S. trade court blocks President Trump’s tariffs in surprise ruling. What happens now? (Updated)

President Trump’s tariffs have sent shockwaves throughout the world economy.

UPDATE: May. 29, 2025, 5:23 PM EDT A federal appeals court granted The White House’s request to temporarily pause a trade court’s ruling that blocked President Trump’s tariffs. The Trump administration is now expected to seek “emergency relief” with the Supreme Court. You can read our original report on this …

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