A commerce court docket within the US has blocked President Donald Trump from imposing sweeping international tariffs on imports.
The ruling from a three-judge panel on the Court docket of Worldwide Commerce got here after a number of lawsuits arguing Trump has exceeded his authority, left U.S. commerce coverage depending on his whims and unleashed financial chaos.
“The Worldwide and Retaliatory Tariff Orders exceed any authority granted to the President by IEEPA to manage importation by the use of tariffs,” the court docket wrote, referring to the 1977 Worldwide Emergency Financial Powers Act.
The White Home is but to reply.
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