US President Donald Trump celebrated a temporary reprieve for his aggressive tariff strategy on Thursday, with an appeals court preserving his sweeping import duties on China and other trading partners -- for now.
The short-term relief will allow the appeals process to proceed after the US Court of International Trade barred most of the tariffs announced since Trump took office, ruling on Wednesday that he had overstepped his authority.
Welcoming the latest twist in his legal skirmishes over his trade policies, Trump lashed out at the Manhattan-based trade court, calling it "horrible" and saying its blockade should be "quickly and decisively" reversed for good.
US Treasury Secretary Scott Bessent said trade talks were "a bit stalled" and suggested Trump get involved personally with his Chinese counterpart Xi Jinping in order to iron out tariffs between the world's two biggest economies. "I think that given the magnitude of the talks, given the complexity, that this is going to require both leaders to weigh in with each other," Bessent told Fox News after the ruling from the US Court of Appeals for the Federal Circuit, known as an administrative stay.