Trump's imposed tariffs overturned by federal appeals court in U.S. decision
The US Court of Appeals for the Federal Circuit has provisionally reinstated President Donald Trump's tariffs, a day after the U.S. Court of International Trade in New York blocked most of them. The appeals court ruling temporarily allows the tariffs to stay in effect while it reviews the government's appeal against the earlier decision.
The trade court in New York had concluded that the president overstepped his authority by imposing blanket duties under a rarely-used emergency law. The government was given ten days to issue new regulations that reflect the court's order against the tariffs. The Trump administration rapidly announced plans to appeal, criticizing the court and questioning its authority.
The legal battle now moves to the U.S. Court of Appeals for the District of Columbia Circuit, which has issued an administrative stay on the decision that blocked the tariffs. The court will first review the case, with the plaintiff required to file a response by June 5, and the U.S. government by June 9.
The tariffs in question cover almost all those imposed during Trump's administration, including retaliatory duties announced on April 4, which he initially suspended due to market turmoil. The tariffs also extend to goods from Canada, Mexico, and China, among other countries.
In a previous ruling, a three-judge panel determined that the International Emergency Economic Powers Act (IEEPA), which Trump invoked to impose these tariffs, does not grant the president unlimited authority to levy tariffs. The panel highlighted that Congress, not the president, usually holds the power to impose tariffs, with the president's authority being limited to extraordinary circumstances. The tariffs under Trump's directive were deemed to exceed the authority delegated to the president under IEEPA.
As the legal dispute progresses through the courts, it is set to significantly impact Trump's aggressive trade policy.
In the unfolding legal saga, various courts have been entrusted with reviewing the President's tariffs, such as the US Court of Appeals for the Federal Circuit and the US Court of Appeals for the District of Columbia Circuit, suggesting a multifaceted examination of economic and monetary union matters in the realm of business, finance, politics, and general-news. Given the broad implications of these tariffs, which encompass almost all those imposed by the Trump administration and pertain to various international trade partners, including Canada, Mexico, and China, the community policy regarding these matters holds significant importance.