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Marketplace All-in-One

Appeals court allows Trump's tariffs to continue for now

Marketplace All-in-One

Marketplace

News, Business

4.51.4K Ratings

🗓️ 30 May 2025

⏱️ 10 minutes

🧾️ Download transcript

Summary

Wednesday began with President Trump's sweeping April 2nd tariffs on track. Later that day, those import taxes were ruled illegal. Here on this Friday, that ruling is on hold, with tariffs still in place. Also on the show: Why more parents are struggling financially than just a few years ago, and how consumer spending is shaping this year's summer travel.

Transcript

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0:00.0

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0:53.6

It's about keeping

0:54.4

everything secure. We need a tariff index, like a stock index, given import duties one day,

1:02.3

ruled illegal the next, then put on hold, we will update you. I'm David Brancaccio in New York.

1:08.0

Wednesday began with President Trump sweeping April 2nd tariffs on track by late in the day.

1:13.6

Those import taxes were ruled illegal here on this Friday.

1:16.8

That ruling is on hold with tariffs on marketplaces.

1:20.3

Henry F is following the legal hockey game here.

1:23.3

Henry, where's the puck this morning?

1:25.9

Well, so it's important to note that the latest move is

1:29.3

temporary. The appeals court has stayed the trade court's ruling, and that means Trump's tariffs

1:34.8

are still in effect for now. But only while the appeals court considers arguments in the case

1:40.0

from the companies and states that sued over these tariffs and from the administration

1:44.0

itself.

1:45.0

The plaintiffs have until June 5th to file a motion. The government has until June 9th.

1:49.6

And so the tariffs on imports from most countries across the globe are still active until the court receives those filings.

...

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