30 May 2025 | Dollar

US appeals court suspends Trump’s tariff ban

US appeals court suspends Trump’s tariff ban

On Thursday, the US federal appeals court suspended the decision of US Court of International trade that sought to restrict President Donald Trump’s tariff policy. To issue a final verdict, the judicial body set a briefing schedule that runs through June 9.

Moreover, another legal challenge was brought against the administration of the US president. On Thursday, May 29, a federal judge in Washington issued a separate ruling declaring the current tariffs on China and several other countries unlawful. Now, the United States government is taking urgent measures to preserve the tariffs. Earlier, officials stated their readiness to appeal to the Supreme Court, seeking a resolution to the current situation.

Meanwhile, Connecticut Attorney General William Tong, whose state is the plaintiff in the case, expressed confidence about the future blockage of duties. In his view, the president’s tariffs have caused "needless chaos and economic uncertainty" in the country.

Company MarketCheese
Period: 14.09.2026 Expectation: 3500 pips
GBPUSD sell-off targets 1,31500
Today at 06:58 AM 4
Period: 13.09.2026 Expectation: 150 pips
Selling ETHUSD down to $1,750
Yesterday at 10:45 AM 30
Gold buy
Period: 30.09.2026 Expectation: 46000 pips
Going long on gold amid slowdown in US inflation
Yesterday at 10:33 AM 48
Period: 31.10.2026 Expectation: 1100 pips
Invest in EURUSD up to 1.16400
Yesterday at 10:33 AM 22
Period: 13.09.2026 Expectation: 250 pips
Buying S&P 500 with 8,000 target
Yesterday at 08:35 AM 50
Period: 26.08.2026 Expectation: 1850 pips
EURUSD sell-off targets 1.13500
12 August 2026 40
Go to forecasts