onlyTrustedInfo.comonlyTrustedInfo.comonlyTrustedInfo.com
Notification
Font ResizerAa
  • News
  • Finance
  • Sports
  • Life
  • Entertainment
  • Tech
Reading: Federal trade court blocks Trump from imposing sweeping tariffs under emergency powers law
Share
onlyTrustedInfo.comonlyTrustedInfo.com
Font ResizerAa
  • News
  • Finance
  • Sports
  • Life
  • Entertainment
  • Tech
Search
  • News
  • Finance
  • Sports
  • Life
  • Entertainment
  • Tech
  • Advertise
  • Advertise
© 2025 OnlyTrustedInfo.com . All Rights Reserved.
Finance

Federal trade court blocks Trump from imposing sweeping tariffs under emergency powers law

Last updated: May 28, 2025 8:24 pm
Oliver James
Share
3 Min Read
Federal trade court blocks Trump from imposing sweeping tariffs under emergency powers law
SHARE

WASHINGTON (AP) — A federal trade court on Wednesday blocked President Donald Trump from imposing sweeping tariffs on imports under an emergency-powers law.

The ruling from a three-judge panel at the New York-based Court of International Trade came after several lawsuits arguing Trump has exceeded his authority, left U.S. trade policy dependent on his whims and unleashed economic chaos.

The White House did not immediately respond to a message seeking comment. The Trump administration is expected to appeal.

At least seven lawsuits are challenging the levies, the centerpiece of Trump’s trade policy.

Tariffs must typically be approved by Congress, but Trump says he has the power to act because the country’s trade deficits amount to a national emergency. He imposed tariffs on most of the countries in the world at one point, sending markets reeling.

The plaintiffs argue that the 1977 International Emergency Economic Powers Act (IEPPA) does not authorize the use of tariffs.

Even if it did, they say, the trade deficit does not meet the law’s requirement that an emergency be triggered only by an “unusual and extraordinary threat.” The U.S. has run a trade deficit with the rest of the world for 49 consecutive years.

Trump imposed tariffs on most of the countries in the world in an effort to reverse America’s massive and longstanding trade deficits. He earlier plastered levies on imports from Canada, China and Mexico to combat the illegal flow of immigrants and the synthetic opioids across the U.S. border.

His administration argues that courts approved then-President Richard Nixon’s emergency use of tariffs in 1971, and that only Congress, and not the courts, can determine the “political” question of whether the president’s rationale for declaring an emergency complies with the law.

Trump’s Liberation Day tariffs shook global financial markets and led many economists to downgrade the outlook for U.S. economic growth. So far, though, the tariffs appear to have had little impact on the world’s largest economy.

___

Associated Press writers Zeke Miller and Paul Wiseman contributed to this story.

You Might Also Like

3 Reasons I Keep Buying the Vanguard S&P 500 ETF

Microsoft forecasts strong growth for Azure cloud business, shares surge 7%

The Best $75 (or Less) You Can Spend That Will Pay for Itself in a Month

Risk management for fuel resellers and end users

Marc Andreessen predicts one of the few jobs that may survive the rise of AI automation

Share This Article
Facebook X Copy Link Print
Share
Previous Article Is It Bad To Drink Coffee On An Empty Stomach? Experts Weigh In Is It Bad To Drink Coffee On An Empty Stomach? Experts Weigh In
Next Article 4-year-old girl who receives medical treatment in US could die if deported, lawyer says 4-year-old girl who receives medical treatment in US could die if deported, lawyer says

Latest News

Google names insider Kavukcuoglu to lead AI-powered product development
Google names insider Kavukcuoglu to lead AI-powered product development
Finance June 10, 2025
Net Worth for Retirees: How To Tell Whether You’re Poor, Middle Class or Rich
Net Worth for Retirees: How To Tell Whether You’re Poor, Middle Class or Rich
Finance June 10, 2025
Commentary: Inflation isn’t gone. It’s just dormant.
Commentary: Inflation isn’t gone. It’s just dormant.
Finance June 10, 2025
Trump can revoke national monument designations, Justice Department says
Trump can revoke national monument designations, Justice Department says
News June 10, 2025
//
  • About Us
  • Contact US
  • Privacy Policy
onlyTrustedInfo.comonlyTrustedInfo.com
© 2025 OnlyTrustedInfo.com . All Rights Reserved.