August 30, 2025
The U.S. Court of Appeals has ruled that most of Donald Trump's reciprocal tariffs represent an illegal overreach of presidential emergency powers under the International Emergency Economic Powers Act (IEEPA). In a 7-4 decision, the court determined that the IEEPA does not grant the president authority to impose global tariffs, upholding a previous ruling by the Court of International Trade. The tariffs will remain in place until mid-October, allowing time for an appeal to the Supreme Court, which Trump has signaled he intends to pursue.
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Read full article from source: BBC