Most Trump tariffs ruled illegal by appeals court
The United States Court of Appeals for the Federal Circuit, which handles appeals for the Court of International Trade, has ruled against President Trump and his administration on tariffs levied against other countries.
The president’s tariffs were launched under the International Emergency Economic Powers Act, but the court’s majority was in agreement with the lower court that the act does not in fact give the president the authority to implement the tariffs in the manner that he did.
However, the court permitted the tariffs to stay in place until mid-October, allowing for a request for an appeal to reach the Supreme Court.
“We agree that IEEPA’s grant of presidential authority to ‘regulate’ imports does not authorize the tariffs imposed by the Executive Orders, we affirm,” the court wrote in a 7-4 decision.
Tariffs have been a major narrative driving markets over the past several months, and the decision is a legal blow to a signature element of the president’s economic policy.
The tariffs rejected by the ruling include the 10% charge placed on imports from almost all countries, as well as additional tariffs imposed on countries the president deemed to have unfair trade restrictions, and charges put in place on goods imported from Canada, China, and Mexico.
The president’s tariffs were launched under the International Emergency Economic Powers Act, but the court’s majority was in agreement with the lower court that the act does not in fact give the president the authority to implement the tariffs in the manner that he did.
However, the court permitted the tariffs to stay in place until mid-October, allowing for a request for an appeal to reach the Supreme Court.
“We agree that IEEPA’s grant of presidential authority to ‘regulate’ imports does not authorize the tariffs imposed by the Executive Orders, we affirm,” the court wrote in a 7-4 decision.
Tariffs have been a major narrative driving markets over the past several months, and the decision is a legal blow to a signature element of the president’s economic policy.
The tariffs rejected by the ruling include the 10% charge placed on imports from almost all countries, as well as additional tariffs imposed on countries the president deemed to have unfair trade restrictions, and charges put in place on goods imported from Canada, China, and Mexico.