A US federal appeals court decided on Thursday night that Trump's global tariffs can temporarily stay in place while it considers the White House's appeal against the trade court's judgement - but the future of the President's tariff agenda remains in the balance.

Important measures of the economy like the unemployment rate and inflation have stayed stable so far despite President Donald Trump's trade wars, but that could soon change, forecasters say.

President Donald Trump believes the United States will plunge into “economic ruination” if his tariff plan is struck down permanently. A federal court blocked his “Liberation Day” tariffs this week before an appeals court reinstated them the next day.