US EditionSecond court blocks Trump tariffs as 'unlawful'
- U.S. District Judge Rudolph Contreras blocked the Trump administration on May 29 from collecting tariffs on toy imports from Illinois companies Learning Resources and hand2mind while the case proceeds.
- The courts ruled these tariffs, imposed April 2 under Trump's authority via the 1977 IEEPA statute, exceed the president’s power because Congress never authorized such tariff actions.
- This decision follows a May 28 overturn by the Court of International Trade and involves a two-page order from Judge Contreras, who gave the government two weeks to appeal.
- The tariff impact falls heavily on small and mid-size businesses, as the toy companies reported the tariffs threaten their post-COVID survival, while government lawyers warned relief would harm national security and diplomacy.
- These rulings suggest significant legal challenges to Trump's tariff strategy, potentially limiting presidential trade authority and affecting future emergency economic measures amid ongoing appeals and developments.
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69 Articles
Trump Scores Big League Win in Tariff Fight with the Courts - News Addicts
Two courts ruled against the tariff policy enacted by President Donald J. Trump. On Wednesday, the U.S. Court of International Trade ruled that Trump’s tariff policy was unlawful, blocking a central tenet of the president’s agenda on the economy and trade. The Liberation Day reciprocal tariffs led to scores of nations lining up to renegotiate […] The post Trump Scores Big League Win in Tariff Fight with the Courts appeared first on News Addicts.
Japan’s Nikkei Stock Average Falls as Court Battle over US Tariffs Weighs
TOKYO, May 30 (Reuters) - Japan's Nikkei share price average fell on Friday, weighed down by uncertainty surrounding a court battle about U.S. President Donald Trump's tariffs as well as a stronger yen which hurt exporters.
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