Overview

• The Federal Circuit stayed a May 28 injunction by the U.S. Court of International Trade, preserving Trump’s emergency-based global and fentanyl-related tariffs while it considers the appeal.
• Oral arguments are set for July 31 before the full 11-judge Federal Circuit panel, reflecting the court’s view of the case’s exceptional importance.
• Tariffs at issue include a 10% levy on most imports, April’s “Liberation Day” duties and separate measures targeting China, Canada and Mexico over alleged drug-trafficking and trade-deficit emergencies.
• Proponents say the levies bolster presidential leverage in trade talks and address national emergencies, while small businesses and states warn they inflict irreparable harm and encroach on Congress’s tariff powers.
• The outcome will define the scope of presidential authority under IEEPA and influence future U.S. trade policy and diplomatic relations.