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🚨‘No power to impose’: US court declares most tariffs illegal; #TRUMP says 'total disaster for country'🚨
A US federal appeals court recently ruled ⚖️ that most tariffs imposed by President Donald Trump under emergency powers were illegal 🚫, challenging his trade policies. This affects tariffs set in April and February on China, Canada, and Mexico, but those on steel and aluminum remain intact.
The court found Trump overstepped his authority under the International Emergency Economic Powers Act (IEEPA) 💼, a law meant for sanctions and asset freezes, not tariffs. The judges highlighted that IEEPA didn’t explicitly grant the president power to impose tariffs without clear limits or safeguards 🔒.
Trump had invoked IEEPA, citing national emergencies like trade imbalances and drug flows 🚨, to justify these tariffs. But the court rejected this, pointing out Congress never intended for the president to have unlimited power over tariffs 💡.
For now, tariffs remain in place until October 14 🗓️, giving Trump’s administration time to appeal to the Supreme Court 🏛️. Trump slammed the decision, calling it a "disaster" for the country 💥. He insists these tariffs are vital to balance global trade 🌍 and protect U.S. industries 🏭 from unfair practices and illegal drugs 🚫.
Several lawsuits challenge Trump’s tariffs, filed by states and businesses 🤝. While some tariffs are limited by the court's decision ⚔️, others remain unaffected, and the Justice Department is expected to appeal 📜. The case may soon head to the US Supreme Court 🏆.
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A US federal appeals court recently ruled ⚖️ that most tariffs imposed by President Donald Trump under emergency powers were illegal 🚫, challenging his trade policies. This affects tariffs set in April and February on China, Canada, and Mexico, but those on steel and aluminum remain intact.
The court found Trump overstepped his authority under the International Emergency Economic Powers Act (IEEPA) 💼, a law meant for sanctions and asset freezes, not tariffs. The judges highlighted that IEEPA didn’t explicitly grant the president power to impose tariffs without clear limits or safeguards 🔒.
Trump had invoked IEEPA, citing national emergencies like trade imbalances and drug flows 🚨, to justify these tariffs. But the court rejected this, pointing out Congress never intended for the president to have unlimited power over tariffs 💡.
For now, tariffs remain in place until October 14 🗓️, giving Trump’s administration time to appeal to the Supreme Court 🏛️. Trump slammed the decision, calling it a "disaster" for the country 💥. He insists these tariffs are vital to balance global trade 🌍 and protect U.S. industries 🏭 from unfair practices and illegal drugs 🚫.
Several lawsuits challenge Trump’s tariffs, filed by states and businesses 🤝. While some tariffs are limited by the court's decision ⚔️, others remain unaffected, and the Justice Department is expected to appeal 📜. The case may soon head to the US Supreme Court 🏆.
👉 Follow me for more latest updates and insights 👍
Thankyou 🙏
{spot}(TRUMPUSDT)
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