Legal Setbacks for Trump's Tariffs Spark Uncertainty in US Trade Policy
TL;DR Summary
A U.S. federal appeals court ruled that President Trump exceeded his authority in imposing broad tariffs under the 1977 International Emergency Economic Powers Act, marking a setback for his trade policies. The court's decision could lead to the tariffs being struck down, but Trump plans to appeal to the Supreme Court, and the case's outcome may impact future trade negotiations and revenue from tariffs.
- A federal appeals court ruled against Trump's tariffs. Here's what could happen next. CBS News
- Trump Tariff Case Ups Ante at Supreme Court The Wall Street Journal
- US trade allies ‘confused’ after Trump’s tariffs suffer legal setback South China Morning Post
- Opinion | How Trump can put his tariff agenda on stronger footing The Washington Post
- US Tariff Uncertainty Delays Economic ‘Power’ Lutnick Predicted Bloomberg.com
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