Block Scholes Research

Block Scholes Research

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Block Scholes Research
Block Scholes Research
Tariff Block Blocked?

Tariff Block Blocked?

The US International Trade Court's ruling of Trump’s tariffs as illegal has been rebuked by a federal appeals court.

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Andrew Melville
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Thahbib Rahman
May 30, 2025
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Block Scholes Research
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Tariff Block Blocked?
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Daily Updates:

  • President Trump’s onslaught of tariffs since February this year was called into question on Wednesday evening as the US Court of International Trade declared the Trump administration wrongly invoked a 1977 law in imposing his Liberation Day tariffs and earlier levies, making them illegal. Yesterday evening however, a federal appeals court granted an order that temporarily pauses the International Trade Court’s ruling, meaning the block on Trump’s tariffs is now on hold – the court did not announce however how long that order will last.

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