Tag #Court Ruling

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Federal Court Blocks Trump's Tariffs, Administration Appeals

A US federal court ruled against President Trump's broad tariffs, citing the International Emergency Economic Powers Act's limitations; the administration immediately appealed, creating uncertainty for businesses and consumers.

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US Court Blocks Trump's Tariffs

A US federal court blocked President Trump's sweeping tariffs, citing the Constitution's grant of commerce-regulating power to Congress, impacting global markets and setting a precedent for future trade disputes. The Trump administration immediately appealed.

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US Court Blocks Trump's Tariffs, Citing Congressional Authority

A US federal court ruled against President Trump, permanently blocking nearly all tariffs imposed by his administration under a national emergency law, citing Congress's sole authority over international trade; the decision caused the US dollar to strengthen and stock futures to rise.

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Court Blocks Trump's Sweeping Tariffs

A US federal trade court blocked President Trump's sweeping tariffs imposed under emergency powers, citing the tariffs' illegality under the 1977 International Emergency Economic Powers Act (IEEPA) after multiple lawsuits from businesses and states argued that the tariffs exceeded his authority and ...

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Court Strikes Down Some Trump Tariffs, Injecting Market Uncertainty

A federal court has struck down some Trump administration tariffs on China, lowering the U.S. average effective tariff rate from 15% to 6.5%, creating market uncertainty and prompting an administration appeal.

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Court Ruling Jeopardizes Trump's Economic Agenda

A US federal court blocked President Trump's global tariffs, potentially undermining his three-part economic agenda that includes tariffs, spending cuts, and tax cuts; the ruling challenges the administration's authority to use tariffs for revenue generation and trade deal negotiation, creating unce...

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Court Blocks Trump Tariffs, Markets Surge

A US federal court blocked President Trump's tariffs imposed under the 1977 International Emergency Economic Powers Act, leading to market surges in Asia and the US, including a 1.6% jump in the Nikkei 225 and increases in US market futures.

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US Court Blocks Trump's Tariffs

A US federal court blocked President Trump's administration from imposing widespread tariffs under a national emergency law, halting his trade policy that impacted global markets; the administration appealed.

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zeit.de
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US Court Blocks Trump's Tariffs, Halting Aggressive Trade Policy

A US federal court blocked President Trump's administration from imposing widespread tariffs, halting his aggressive trade policy that had impacted global markets; the administration appealed, and the legal battle continues.

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Court Strikes Down Trump Tariffs

A federal court ruled that President Trump illegally imposed worldwide tariffs and tariffs on China, Canada, and Mexico, exceeding his authority under the International Economic Emergency Powers Act; the White House rejected the ruling.

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US Court Blocks Most of Trump's Tariffs

A US federal court blocked most of Donald Trump's tariffs on various countries' exports on May 28th, 2024, citing exceeded presidential authority under the 1977 International Emergency Economic Powers Act (IEEPA), impacting global and reciprocal tariffs and those on Canada, Mexico, and China, but le...

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Court Blocks Trump's Global Import Tariffs

A New York federal court blocked President Trump's plan to impose massive import taxes on almost every country, ruling that he exceeded his authority under the 1977 International Emergency Economic Powers Act; the decision halts tariffs imposed last month on most U.S. trading partners.

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Showing 97 to 108 of 264 results