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+--- Thread: Court blocks fading orange, wannabe dictator's tariffs (/showthread.php?tid=296396)
Court blocks fading orange, wannabe dictator's tariffs - steve... - 05-29-2025
CNN
US court blocks Trump from imposing the bulk of his tariffs
A federal court on Wednesday ruled that President Donald Trump overstepped his authority to impose sweeping tariffs that have raised the cost of imports for everyone from giant businesses to everyday Americans.
But the administration immediately appealed the decision on Wednesday night, leaving the situation uncertain for consumers and companies and potentially prolonging the battle over whether Trump’s import duties will stand – and possibly reshape the global economy.
A three-judge panel at the US Court of International Trade, a relatively low-profile court in Manhattan, stopped Trump’s global tariffs that he imposed citing emergency economic powers, including the “Liberation Day” tariffs he announced on April 2. It also prevents Trump from enforcing his tariffs placed earlier this year against China, Mexico and Canada, designed to combat fentanyl coming into the United States.
:popcorn:
Re: Court blocks fading orange, wannabe dictator's tariffs - special - 05-29-2025
Do you think he cares?