Legal challenges to tariffs
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A US federal court has blocked President Donald Trump's sweeping tariffs, in a major blow to a key part of his economic policies.
The Court of International Trade ruled that an emergency law invoked by the White House does not give the president unilateral authority to impose tariffs on nearly every country.
The Manhattan-based court said the US Constitution gives Congress exclusive powers to regulate commerce with other nations and this is not superseded by the president's remit to safeguard the economy.
Within minutes of the ruling the Trump administration lodged an appeal.. -
And another court rules against the tariffs...
A federal judge in Washington, D.C., sided with a Chicago-area toy company on Thursday, blocking five executive orders signed by President Donald Trump that imposed tariffs on Chinese imports.
U.S. District Judge Rudolph Contreras determined the International Economic Emergency Economic Powers Act (IEEPA) does not authorize Trump to impose the tariffs in his executive orders.
Contreras granted a motion for a preliminary injunction, filed by the toy company, Learning Resources, Inc., which will be stayed for 14 days in case the administration decides to appeal the decision.
https://www.foxnews.com/politics/federal-judge-blocks-5-trump-tariff-executive-orders
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Appeals court keeps tariffs in place.
And...
Three federal court decisions in the last 24 hours have injected fresh uncertainty into President Donald Trump’s negotiations with the nation’s largest trading partners.
Some foreign officials say it may be to their benefit as they continue tariff talks with the U.S.
The Trump administration has for months projected confidence on the world stage — both slapping down and backing away from tariffs at will — and watched as countries scrambled to respond. For the first time, the courts’ decisions have put Trump on the back foot as his administration grapples with how to respond to a major setback of its sweeping trade agenda, and some countries see the rulings as a release valve for tense, and sometimes stagnating, negotiations with the U.S.
This is no way to run the country....
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So, here's an article from Fox Digital in which an economist disagrees with a judge. It appear that the economist was correct ...
