A US appeals court ruled that President Trump can maintain his tariffs using emergency powers. This decision follows a challenge to a previous ruling that blocked many of his economic policies
A US federal appeals court on Thursday said that President Donald Trump can keep his tariffs in place for now, using emergency powers. This ruling comes after the administration challenged the previous ruling that blocked majority of his flagship economic policies.The Court of Appeals for the Federal Circuit approved an urgent request from his team, which said stopping the tariffs would be “critical for the country’s national security.”
Trump is facing several lawsuits which claims that his ‘Liberation Day’ tariffswent beyond what the law allows.
On Wednesday, a three-judge panel from the US Court of International Trade ruled that Trump misused his powers by using the 1977 International Emergency Economic Powers Act to declare a national emergency and set tariffs on imports from almost every country. The decision is a major blow to Trump, whose unpredictable trade moves have shaken financial markets across the world.#ElonMuskDOGEDeparture #TrumpTariffs #TRUMP #ChinaBan $TRUMP