A panel of federal judges at the U.S. Court of International Trade blocked President Trump's intentions to impose steep tariffs on China and other trading partners, arguing that he lacked the authority under federal law. The ruling presents a significant obstacle for Trump's trade strategy, which relies on tariffs to pressure other nations into better deals. While the administration plans to appeal, officials express concern that a negative ruling could hinder their ability to negotiate effectively with foreign governments, potentially undermining future trade relationships.
The ruling, by the U.S. Court of International Trade, delivered an early yet significant setback to Mr. Trump, undercutting his primary leverage as he looks to pressure other nations.
The president identified the emergency, and he decided the means to address that emergency, Brett Shumate, a Justice Department lawyer, told the court, highlighting the administration's rationale.
I'm sure, when we appeal, this decision will be overturned, Kevin Hassett said, indicating the administration's belief in overturning the ruling in a higher court.
If this court limits that authority, foreign counterparts will have reduced incentives to reach meaningful agreements, resulting in significant impacts on trade negotiations.
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