On Wednesday, a federal court blocked US President Donald Trump’s plans to institute major global tariffs, a plan announced in April that sent global markets into a frenzy. On Thursday, a federal appeals court paused that decision. Trump attempted to use the International Emergency Economic Powers Act to implement the tariffs, but a three-judge panel rejected this prior to the appeals court ruling for Trump. What all of this means for the Switch 2 and other gaming products, however, is unknown at the moment.
The Wednesday ruling said Trump may still be able to implement import taxes of 15% for 150 days on certain countries where the US is in a major trade deficit, however. The Thursday appeals victory for Trump said the administration could go ahead temporarily. It’s a fluid situation, to say the least.
US Court of International Trade: „Hey a lot of these tariffs are illegal“
US Court of Appeals: pic.twitter.com/u4rA3xclty
— Morning Brew ☕️ (@MorningBrew) May 29, 2025