A federal appeals court has allowed the US government to continue collecting 10% global tariffs while legal challenges continue.These tariffs, authorized under Section 122 of the Trade Act of 1974, were introduced in February following previous Supreme Court rulings against broader trade duties.The administration faces ongoing litigation regarding its authority to address trade deficits through these specific measures as the July expiration date approaches.President
Donald Trump has expressed potential plans to escalate further economic pressure by proposing higher tariffs on steel imports later this year.