The Trump administration is requesting the U.S. Court of International Trade pause its own decision after it blocked the implementation of President Donald Trump's tariffs.
"It is critical, for the country's national security and the President's conduct of ongoing, delicate diplomatic efforts, that the Court stay its judgment," administration attorneys wrote. "The harm to the conduct of foreign affairs from the relief ordered by the Court could not be greater."
A U.S. trade court blocked most of Trump's tariffs in a sweeping Wednesday ruling that found the president overstepped his authority by imposing across-the-board duties on imports from U.S. trading partners.
The Court of International Trade said the U.S. Constitution gives Congress exclusive authority to regulate commerce with other countries that is not overridden by the president's emergency powers to safeguard the U.S. economy.
The Trump administration also filed an appeal with the Court of Appeals for the Federal Circuit.
Financial markets cheered the ruling. The U.S. dollar rallied following the court's order, surging against currencies such as the euro, yen, and the Swiss franc in particular. Wall Street futures rose and equities across Asia also jumped.
A White House spokesperson on Wednesday said U.S. trade deficits with other countries constituted "a national emergency that has decimated American communities, left our workers behind, and weakened our defense industrial base – facts that the court did not dispute."
"It is not for unelected judges to decide how to properly address a national emergency," Kush Desai, the spokesperson, said in a statement.
Information from the Associated Press was used in this report.
Sam Barron ✉
Sam Barron has almost two decades of experience covering a wide range of topics including politics, crime and business.
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