SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Financial Collapse of 2001 Unwinding

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: E_K_S5/28/2025 8:02:51 PM
  Read Replies (3) of 13770
 
BREAKING: Federal Court Blocks Trump From Imposing Most of His Tariffs, Rules He Exceeded His Authority to Impose Tariffs Under IEEPA

On Wednesday, a three-judge panel at the US Court of International Trade ruled President Trump exceeded his authority to unilaterally impose tariffs under IEEPA.

The three judge panel including: Gary Katzmann (Obama), Timothy Reif (Trump) and Jane Restani (Reagan).

“A three-judge panel at the US Court of International Trade, a relatively low-profile court in Manhattan, ruled Wednesday to temporarily halt Trump’s global tariffs that he imposed citing emergency economic powers, including his “Liberation Day” tariffs imposed on April 2,” CNN reported.

“The court ruled in favor of a permanent injunction, grinding Trump’s global tariffs to a halt before “deals” with most other trading partners have even been reached. That means the bulk – but not all – of Trump’s tariffs are put in a standstill,” CNN reported.

Will be appealed. So, a low-profile Manhattan court can dictate how/what a President can impose tariffs on other Countries?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext