A federal court delivered a major setback to President Trump’s sweeping tariff initiative on Wednesday, ruling that he had gone beyond the powers granted to him in pushing forward one of his hallmark economic strategies.
The Court of International Trade, based in Manhattan and composed of a three-judge panel, strongly criticized Trump’s tariffs targeting a wide range of foreign nations, stating that his actions were “contrary to law.” Trump had relied on the International Emergency Economic Powers Act (IEEPA) to justify his actions, claiming that it gave him the authority to unilaterally impose tariffs.
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