After a US trade court had deemed several of President Trump’s wide-sweeping tariff policies illegal and paused them, a US appeals court quickly stepped in on Thursday and is now granting the import taxes to temporarily stay in effect.
Yahoo Finance legal correspondent Alexis Keenan explains the order of events, court hierarchies, and the timeline for the Trump administration’s legal filings after being issued an administrative stay until June 9.
To watch more expert insights and analysis on the latest market action, check out more Market Domination here: https://finance.yahoo.com/videos/series/market-domination/
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