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Trump’s Tax Hikes Should Be Blocked, or We’ll All Pay

  • A federal trade court determined on Wednesday that President Trump overstepped his powers granted by the 1977 International Emergency Economic Powers Act when he implemented worldwide tariffs.
  • The tariffs stemmed from Trump’s use of IEEPA, which traditionally allows emergency actions like sanctions but does not explicitly authorize tariffs, and trade deficits cited are not recognized as emergencies.
  • The court set aside the tariffs, stating IEEPA does not grant unbounded presidential power, while a federal appeals court temporarily paused this ruling pending further litigation.
  • The nonprofit Tax Foundation estimates that the tariffs will lower market income by approximately 1.1 percent in 2026 and increase the average U.S. household’s tax liability by $1,155 in 2025.
  • The ruling places restrictions on the president’s authority to impose tariffs, while a spokesperson for the White House accused the judges of overstepping their judicial role by preventing Trump from executing what they described as a mandate from the American people.
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LA Daily NewsLA Daily News
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Trump’s tax hikes should be blocked, or we’ll all pay

On Wednesday, the Court of International Trade ruled that President Donald Trump exceeded his authority under the International Emergency Economic Powers Act of 1977 to impose taxes on goods around the world. The 1977 law empowers the president to “deal with any unusual and extraordinary threat . . . to the national security, foreign policy, or economy of the United States.” As noted by National Review, “Before the Trump administration, the IEEP…

·Los Angeles, United States
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Threatening 31% US punitive tariffs: The Federal Council wants to counteract them with zero tariffs on cheese, coffee, and tobacco. Investments in the US and easing import bans are other options.

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gsmarena.com broke the news in on Saturday, May 31, 2025.
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