On the 29th (local time), a U.S. appellate court ruled that 'reciprocal tariffs' are illegal, but the Donald Trump administration expressed its intention to continue trade negotiations with various countries.

Yeo Han-koo, the head of the Ministry of Trade, Industry and Energy's Trade Negotiation Headquarters, poses for a commemorative photo with Jamieson Greer, the U.S. Trade Representative, ahead of discussions on measures to progress U.S.-Korea tariff negotiations at the U.S. Trade Representative's conference room in Washington D.C. on the 25th of last month (local time). The photo and article content are unrelated. /Courtesy of Ministry of Trade, Industry and Energy

According to Fox News on the 31st (local time), Jamieson Greer, the U.S. Trade Representative, said, "People are continuing their respective negotiations regardless of what the court judges in the middle," adding, "Our trading partners are continuing to consult very closely with us regarding negotiations."

While Representative Greer did not mention specific negotiating countries, he noted that he spoke on the phone with a trade Minister the previous morning.

Earlier, the U.S. Federal Appeals Court ruled on the 29th (local time) that the international emergency economic powers act (IEEPA), which serves as the basis for imposing tariffs, does not include tariffs in the presidential powers granted by the act, effectively putting the brakes on President Trump's tariff policy.

However, the court instructed that tariffs be maintained until October 14th to allow for an appeal. If the Trump administration appeals, the legality of the tariff policy will be ultimately adjudicated by the Supreme Court. President Trump immediately stated his intention to appeal to the Supreme Court right after the appellate court's ruling.

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