The US government’s international tariffs policy has been thrown into turmoil after the US Court of International Trade ruled it exceeds President Trump’s authority.
A statement from the federal court following a case brought by a group of small businesses concluded, “The court holds for the foregoing reasons that IEEPA [International Emergency Economic Powers Act] does not authorise any of the worldwide, retaliatory, or trafficking tariff orders. The worldwide and retaliatory tariff orders exceed any authority granted to the President by IEEPA to regulate importation by means of tariffs.… if the challenged tariff orders are unlawful as to the plaintiffs, they are unlawful to all of us.”
It is understood the latest ruling from the Manhattan-based court applies to the blanket 10% and reciprocal tariffs, but not to industry-specific ones applying to steel, aluminium and cars.
The court has given the White House 10 days to complete the process of removing tariffs.
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