A federal court has put a hold on the ruling that said President Trump overstepped his authority with blanket tariffs.
The President’s team filed an appeal on Wednesday shortly after the first decision was handed down.
The U.S. Court of International Trade argued that the 10 percent blanket tariffs on all countries fell outside emergency requirements.
With this in place, the 10 percent tariffs can be used while the courts decide the case. The next hearing is on June 5th.
Related Stories
Fertilizer markets face uncertainty after President Trump raised the possibility of tariffs on Canadian imports, with analysts warning of supply and pricing risks. Josh Linville with StoneX provides a fertilizer industry outlook.
Strong Farm Credit finances help cushion producers, but prolonged low crop margins could strain renewals in 2026.
Canadian tariffs would raise costs for potash, ammonia, and UAN, increasing spring fertilizer risk.
Tariff relief and new trade agreements may temper food costs by reducing import costs.
$11 billion will go to row-crop farmers immediately, with $1 billion set aside for specialty crops.
American soybean and corn leaders, along with Canada’s AgriFood sector, testified before the U.S. Trade Representative’s Office in support of the trade pact between the U.S., Mexico, and Canada.
WTO gauges point to agricultural raw materials trade growing more slowly than overall goods, reinforcing the need to manage export risk and monitor policy shifts closely.
