A U.S. appeals court will review President Trump's tariff authority after a lower court found he exceeded his power. The court will assess the legality of tariffs imposed on various trading partners, including China, Canada, and Mexico. The arguments, heard by a panel of judges, come just before Trump's planned tariff increases.
Challenging states and businesses argue the tariffs are not permissible under emergency powers. Trump claims authority under the International Emergency Economic Powers Act (IEEPA). He cited trade imbalances and fentanyl concerns as justification.
A lower court sided with the challengers, stating IEEPA didn't authorize tariffs related to trade deficits. The Federal Circuit allowed tariffs to remain while considering the appeal. The case won't affect tariffs under traditional authority. Trump's threats have roiled markets. He recently announced trade deals and set a date for higher tariffs on non-negotiating countries. Several other lawsuits challenge his use of IEEPA.
5 Comments
Bella Ciao
We're already seeing the impact on prices. This is a classic example of political shortsightedness.
Muchacha
The trade deals Trump has announced are promising. We need to give him a chance to see them through.
Mariposa
Tariffs on allies like Canada and Mexico? That's damaging our relationships with our neighbors.
Matzomaster
It's about time a court intervenes. These tariffs hurt American businesses and consumers more than they help.
Bermudez
I'm glad the Federal Circuit is allowing tariffs to stay until a decision is made. We need to be tough on trade.