US court blocks Trump’s tariffs saying he exceeded presidential authority ...Middle East

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US court blocks Trump’s tariffs saying he exceeded presidential authority

A US trade court has blocked Donald Trump’s “Liberation Day” tariffs from going into effect, ruling that the president overstepped his authority.

The ruling from a three-judge panel at the New York-based Court of International Trade came after several lawsuits arguing the US president had exceeded his authority, left US trade policy dependent on his whims and unleashed economic chaos.

    “The Worldwide and Retaliatory Tariff Orders exceed any authority granted to the President by IEEPA to regulate importation by means of tariffs,” the court wrote, referring to the 1977 International Emergency Economic Powers Act.

    “The court does not pass upon the wisdom or likely effectiveness of the president’s use of tariffs as leverage. That use is impermissible not because it is unwise or ineffective, but because [federal law] does not allow it,” a three-judge panel said in the decision.

    The White House has not yet commented.

    The Trump administration is expected to appeal.

    Tariffs must typically be approved by Congress, but Trump has said he has the power to act because the country’s trade deficits amount to a national emergency.

    He imposed tariffs on most of the countries in the world at one point, sending markets reeling.

    The plaintiffs argue that the IEPPA does not authorise the use of tariffs.

    Even if it did, they say, the trade deficit does not meet the law’s requirement that an emergency be triggered only by an “unusual and extraordinary threat”.

    The US has run a trade deficit with the rest of the world for 49 consecutive years.

    Trump imposed tariffs on most of the countries in the world in an effort to reverse America’s massive and longstanding trade deficits.

    He earlier plastered levies on imports from Canada, China and Mexico to combat the illegal flow of immigrants and the synthetic opioids across the US border.

    His administration argues that courts approved then-president Richard Nixon’s emergency use of tariffs in 1971, and that only Congress, and not the courts, can determine the “political” question of whether the president’s rationale for declaring an emergency complies with the law.

    Trump’s so-called Liberation Day tariffs shook global financial markets and led many economists to downgrade the outlook for US economic growth.

    With agencies

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