US Appeals Ruling Against Global Tariffs, Extending Legal Fight

The Trump administration in the United States immediately appealed a ruling by the Court of International Trade (CIT) that found its “10% global tariff” unlawful. According to Reuters on the 8th local time, the administration began the appeal process against the CIT decision made the previous day. The central issue is whether the global tariff measure pursued by the US government can be legally upheld. With the CIT ruling against it, the legal dispute over tariff policy now moves to a higher court. As a result, uncertainty over the tariff’s effect and policy direction is expected to continue for the time being. Source: mk.co.kr