Legal battles intensify over Trump's tariffs, with the administration appealing court decisions that challenge the use of IEEPA for economic policy enforcement.

A federal judge in Washington, D.C., extended a pause on his order invalidating the bulk of President Trump’s tariffs until an appeals court can resolve the case. U.S. District Judge Rudolph Contreras had already agreed to put his ruling on hold for two weeks when he issued it,

Economic growth will slow this year and next as the trade war hampers development in the United States and around the world, the Organization for Economic Cooperation and Development said.

President Donald Trump is using his love of tariffs to threaten high-profile American companies. Over the past month, Trump has said he’d like to target two specific and very different companies — Apple and Mattel — with tariffs aimed at their key products over comments by their CEOs.