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🇺🇸 #TrumpTariffs: Court blocks Trump tariffs — markets react with relief
🇺🇸 #TrumpTariffs: Court blocks Trump's tariffs — markets react with relief
On May 28, 2025, a U.S. federal court blocked new tariffs initiated by Donald Trump against countries that tax American exports.
The court ruled: the president exceeded his authority by citing IEEPA — the International Emergency Economic Powers Act.
On May 28, 2025, a U.S. federal court blocked new tariffs initiated by Donald Trump against countries that tax American exports.
The court ruled: the president exceeded his authority by citing IEEPA — the International Emergency Economic Powers Act.
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