WatcherGuru
A US appeals court has issued a stay on a lower court ruling that had blocked President Trump's 10% across-the-board global tariffs, effectively keeping the levies in place while the legal challenge works through the appellate process. The pause prevents an immediate rollback of one of the most sweeping trade policy actions in recent American history.
The stay signals that the appeals court sees enough legal merit in the administration's position to preserve the status quo pending a full review. For markets, the practical effect is continuity: the 10% baseline tariff on imports from most trading partners remains active, sustaining the cost pressures on supply chains and the inflationary backdrop that traders and policymakers have been pricing in.
CoinTelegraph
CoinDesk