The U.S.’s international trade court declined late Tuesday to immediately block President Donald Trump’s sweeping tariffs—at least for now—marking the first ruling on the president’s controversial tariffs as multiple lawsuits allege Trump exceeded his authority by imposing them.

President Donald Trump said final tariffs on goods from China would "not be anywhere near" the current rate of 145%, and would "come down substantially." During a press conference in the Oval Office on Tuesday,