The United States Court of International Trade ruled unanimously against President Trump's controversial "Liberation Day" tariffs, marking a significant win for businesses and consumers. The decision challenged Trump's expansive interpretation of the International Emergency Economic Powers Act of 1977, asserting that he does not possess unlimited tariff authority. This ruling was grounded in constitutional principles, reinforcing the rule of law and separation of powers, ultimately preventing what could have been a $2.2 trillion tax burden on Americans while curtailing harmful economic impacts.
The ruling emphasizes that the president cannot impose unlimited tariffs without congressional approval, supporting both the separation of powers and the rule of law.
The court found Trump's use of IEEPA to levy extensive tariffs unconstitutional, marking a significant check on executive power.
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