by Court overturned most of Trump’s tariffs
The U.S. Court of International Trade ruled to significantly limit the effect of tariffs imposed by former President Donald Trump. The court found that most of them were established with an overreach of authority.
The court emphasized that the Constitution grants Congress the exclusive right to impose taxes and regulate foreign trade.
“The use of IEEPA does not give the president the right to impose unlimited tariffs on goods from nearly all countries in the world”
— the ruling states.
Consequences and further actions
The Trump administration has already filed an appeal, and the final decision will likely be made by the Supreme Court, which currently has a conservative majority. However, tariffs on automobiles, auto parts, steel, and aluminum remain in effect, as they were introduced under a different legal basis.
This decision could have significant consequences for international trade, especially for automakers, who continue to face pressure due to the remaining restrictive measures. The issue of presidential authority in economic policy remains relevant and may spark new disputes in the future.
