Overview

• A Federal Circuit stay of the Court of International Trade’s vacatur keeps IEEPA-based tariffs active while appeals proceed toward possible Supreme Court review.
• Starting August 7, a 10% universal reciprocal tariff floor applies to all imports alongside a 25% surcharge on goods from India that took effect August 2.
• The administration has also imposed a 50% duty on semi-finished copper products and eliminated the $800 de minimis exemption for low-value shipments.
• In a Federal Circuit filing, the Justice Department cited recent trade agreements and warned that reversing the duties could trigger severe economic disruption.
• Legal scholars argue that IEEPA lacks clear congressional authorization for broad peacetime tariffs, creating a split among lower courts and legal uncertainty.