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Tariff Ruling Threatens $2 Trillion Fiscal Hole in Trump Plan

  • President Donald Trump criticized a ruling from the Court of International Trade, stating that it threatens Presidential Power and labeling the decision as 'horrific.'
  • The Court of International Trade ruled that Trump exceeded his authority under the International Emergency Economic Powers Act by imposing tariffs on several countries.
  • The White House defended Trump's tariffs, labeling the judges' ruling as an abuse of judicial power and arguing that the ruling fails to recognize the president's authority regarding foreign policies.
  • The U.S. Has faced a trade deficit exceeding $1 trillion since 2024, highlighting ongoing economic concerns amid legal battles over Trump's tariff strategy.
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diarioestrategia.cl broke the news in on Thursday, May 29, 2025.
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