In a major legal blow to former President Donald Trump, the U.S. Court of International Trade has struck down his proposed "Liberation Day" tariffs, ruling that he exceeded his authority under the International Emergency Economic Powers Act (IEEPA). The plan, which aimed to impose a 10% baseline tariff on most imports and penalize trade surplus nations like China and the EU, was deemed unconstitutional due to lack of congressional approval. The decision, which invoked both the nondelegation and major questions doctrines, has temporarily halted implementation and may head to the Supreme Court. Markets responded positively, with global equities rising and inflation fears easing. 📈🌐#BreakingNews #Trump #USPolitics #CryptoMarketAlert #BinanceSquare