Fri, 30 May 2025

Fri, 30 May 2025 Tariffs court fight threatens Trump's power to wield his favourite economic weapon

Despite the legal mire, all signs point to this being a battle the Republican president won't give up easily.
A federal court has ruled that President Donald Trump exceeded his authority in imposing tariffs on several countries, dealing a significant blow to his economic policy. The US Court of International Trade gave the White House 10 days to remove nearly all tariffs imposed under the guise of national emergency powers. However, the administration appealed the ruling and a federal appeals court stayed it, allowing the tariffs to remain in place for now. The Trump administration argued that a ruling against the president would cripple his ability to negotiate trade deals and respond to national emergencies. Trump has been using tariffs as a tool to pressure countries into making concessions on trade. However, critics argue that this approach is unpredictable and may harm American consumers and businesses. Key points:
* The court ruled that Trump's use of emergency powers to impose tariffs was unlawful.
* The administration appealed the decision, and a federal appeals court stayed it, allowing the tariffs to remain in place for now.
* Critics argue that Trump's tariff policy is unpredictable and may harm American consumers and businesses.
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