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Immediately after the U.S. Supreme Court's ruling invalidating reciprocal tariffs, a higher court temporarily halted a lower court's ruling that deemed the 10% global tariffs imposed by the Donald Trump administration illegal.
According to Reuters, the U.S. Court of Appeals for the Federal Circuit on the 12th (local time) temporarily suspended the enforcement of the U.S. Court of International Trade (CIT) ruling, which found that the 10% global tariffs imposed by the Trump administration in February under Section 122 of the Trade Act were illegal.
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