🚨 BREAKING NEWS – U.S. Court BLOCKS Trump’s “Liberation Day” Tariffs! 🇺🇸
The Manhattan Court of International Trade has just ruled against Donald Trump’s massive tariff plan.
What happened? Trump wanted to launch “Liberation Day” tariffs—a 10% base tax and extra tariffs on imports from many countries.
But the court said NO.
They ruled he overstepped his powers. Only Congress can approve such wide-reaching tariffs, not the President alone.
Result?
▶️ The court has permanently stopped these tariffs.
▶️ Tariff hikes like 145% on China and 50% on EU imports are now blocked.
▶️ U.S. businesses and states like Arizona & Oregon won the case.
▶️ Markets liked the news – S&P 500 futures jumped 1.3%
This could cool down trade tensions and shake up global negotiations.
Why it matters?
This is a big win for small businesses and a major check on presidential power over global trade.
