US trade court blocks Donald Trump from imposing sweeping global tariffs

Cliff Notes – US trade court blocks Donald Trump | US News A US trade court has blocked Donald Trump’s proposed global tariffs, ruling he exceeded his authority; tariffs typically require Congress approval. The tariffs, including a 10% tax on UK imports, triggered aggressive sell-offs in the stock market and faced multiple lawsuits from affected

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US trade court blocks Donald Trump from imposing sweeping global tariffs

Cliff Notes – US trade court blocks Donald Trump | US News

  • A US trade court has blocked Donald Trump’s proposed global tariffs, ruling he exceeded his authority; tariffs typically require Congress approval.
  • The tariffs, including a 10% tax on UK imports, triggered aggressive sell-offs in the stock market and faced multiple lawsuits from affected businesses.
  • Trump’s administration has filed a notice of appeal, indicating that the legal battle may escalate to the Supreme Court.

US trade court blocks Donald Trump from imposing sweeping global tariffs – claiming he exceeded his authority

A trade court in the US has blocked Donald Trump from imposing sweeping global tariffs on imports.

A three-judge panel concluded that the US president exceeded his authority when he unveiled additional taxes on foreign-made goods.

Tariffs must typically be approved by Congress – but Trump has argued he had power to act because it was a “national emergency”.

Controversial measures unveiled

The controversial measures unveiled on “Liberation Day” in April, which included a 10% tariff on UK imports, had caused aggressive sell-offs in the stock market.

Minutes after the Court of International Trade delivered its verdict, the Trump administration filed a notice of appeal – meaning the battle could escalate to the Supreme Court.

Several lawsuits have been filed against the president’s tariffs – and this ruling relates to a case brought on behalf of five small businesses that import goods from other countries.

The companies, which sell everything from wine to musical instruments, had argued they were struggling to survive because of these additional costs.

Responses

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