đ¨ BREAKING: Federal Court Blocks Trumpâs Signature Tariffs â Whatâs Next?
A federal trade court just struck down the majority of President Trumpâs global tariffs, ruling they were imposed unlawfully. The Court of International Trade declared that Trump overstepped his authority by using emergency powers under the International Emergency Economic Powers Act (IEEPA) to justify sweeping trade penalties without congressional approval .
Key Takeaways:
1ď¸âŁTariffs Blocked: The court voided Trumpâs 10% baseline tariff, 25% duties on Canada/Mexico, and China-specific tariffs (which had briefly spiked to 145%). Only steel/aluminum tariffs and auto import duties (under Section 232) remain intact .
2ď¸âŁ White House Backlash: Trumpâs team called the ruling a "judicial coup," vowing to appeal to the Supreme Court. They argue trade deficits are a "national emergency" harming U.S. workers .
3ď¸âŁ **Economic Fallout:** California ports report **worse disruptions than during COVID**, with canceled shipments, layoffs, and supply chain chaos. Longshoremen, truckers, and farmers are bearing the brunt .
4ď¸âŁ **Global Reactions:** The EU and India are scrambling to avoid Trumpâs threatened **50% tariffs**, while China negotiations continue under reduced (but still high) duties .
Whatâs Next?
- **Legal Battle:** The administrationâs appeal could drag on for months, leaving businesses in limbo.
- **Trade Wars 2.0:** If SCOTUS upholds the ruling, Trump may pivot to **Congress-backed tariffs** or other trade tools.
- **2025 Playbook:** Despite Trumpâs denials, his policies increasingly align with **Project 2025**, a Heritage Foundation plan to reshape trade, deregulate industries, and slash federal agencies .
Bottom Line:
This ruling is a major blow to Trumpâs "America First" trade agendaâbut the fight isnât over. Stay tuned for updates as the appeal unfolds.