Diamond Member Pelican Press 0 Posted May 28, 2025 Diamond Member Share Posted May 28, 2025 This is the hidden content, please Sign In or Sign Up Court strikes down Trump reciprocal tariffs U.S. President Donald Trump holds up a chart while speaking during a “Make America Wealthy Again” trade announcement on April 2, 2025 in Washington, DC. Chip Somodevilla | Getty Images News | Getty Images President Donald Trump exceeded his power when he enacted steep “reciprocal” tariffs on more than 180 countries and territories in April, a panel of federal trade judges ruled Wednesday. The judges wrote that the International Emergency Economic Powers Act, a 1977 law which Trump invoked to justify the tariffs, does not actually give the president the power to issue the sweeping duties initiated last month. “The Worldwide and Retaliatory Tariff Orders exceed any authority granted to the President by IEEPA to regulate importation by means of tariffs. The Trafficking Tariffs fail because they do not deal with the threats set forth in those orders,” the judges wrote. The suit was brought on behalf of five U.S. businesses that rely on imports to some extent. The judges said that Trump’s tariff orders were “unlawful as to all,” not just those plaintiffs’ companies, so there would be “no question here of narrowly tailored relief.” The judges ordered the challenged tariffs to be “vacated and their operation permanently enjoined.” Lawyers for the White House could appeal the matter, but the This is the hidden content, please Sign In or Sign Up and This is the hidden content, please Sign In or Sign Up put President Donald Trump’s economic agenda under pressure. This is breaking news. Please refresh for updates. This is the hidden content, please Sign In or Sign Up #Court #strikes #Trump #reciprocal #tariffs This is the hidden content, please Sign In or Sign Up This is the hidden content, please Sign In or Sign Up For verified travel tips and real support, visit: https://hopzone.eu/ 0 Quote Link to comment https://hopzone.eu/forums/topic/262380-court-strikes-down-trump-reciprocal-tariffs/ Share on other sites More sharing options...
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