Federal court allows Trump tariffs to remain in effect while appeals proceed

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Open this photo in gallery: The tariffs have shocked markets and whipsawed companies of all sizes.BRENDAN SMIALOWSKI/AFP/Getty Images A federal appeals court allowed President Donald Trump’s most sweeping tariffs to remain in effect on Tuesday while it reviews a lower court decision blocking them on grounds that Trump had exceeded his authority by imposing them. The decision by the U.S. Court of Appeals for the Federal Circuit in Washington, D.C. means Trump may continue to enforce, for now, his “Liberation Day” tariffs on imports from most U.S. trading partners, as well as a separate set of tariffs levied on Canada,...