The decision from a three-judge panel allows the orders to be enforced as a lawsuit challenging them plays out.

Markets tumbled last week during President Trump's whiplash moves on tariffs on Canada and Mexico. More tariffs on steel and aluminum products are set to go into effect on Wednesday, and early next month "reciprocal" tariffs on other nations.

A federal appeals court has given President Donald Trump’s administration the go-ahead to enforce a pair of controversial executive orders that seek to root out diversity, equity and inclusion efforts in federal agencies and government contractors.