Tag #Trump Tariffs

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Court Strikes Down Most of Trump's Tariffs

The U.S. Court of International Trade struck down most of President Trump's tariffs, ruling that he exceeded his legal authority under the International Emergency Economic Powers Act of 1977; the decision, which the administration appealed, impacts tariffs on various countries but not on steel, alum...

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Court Blocks Trump's Global Tariffs

A US federal court blocked President Trump's sweeping tariffs on multiple countries, citing improper legal authority under the International Emergency Economic Powers Act and Congress's constitutional power over trade, limiting his executive power and impacting global negotiations.

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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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US Court Rules Trump's Tariffs Illegal

A US federal trade court declared President Trump's sweeping tariffs regime illegal, exceeding his authority and potentially disrupting his global trade strategy; global markets reacted positively, but the administration is appealing.

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corriere.it
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US Court Blocks Trump Tariffs, Causing Global Market Uncertainty

A US federal court blocked President Trump's tariffs, impacting global markets; Italian luxury hotel bookings shifted, and 80% of Italian metalworking firms fear negative consequences.

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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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abcnews.go.com
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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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forbes.com
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Court Rules Trump's "Liberation Day" Tariffs Illegal

A US court ruled President Trump's "Liberation Day" tariffs, imposed in April, illegal under the International Emergency Economic Powers Act (IEEPA), requiring refunds of collected tariffs and setting off an appeals process that could reinstate them.

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nbcnews.com
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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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abcnews.go.com
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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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dw.com
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US Court Blocks Trump's Emergency Tariffs

A US International Trade Court blocked President Trump's emergency tariffs, citing overreach of authority under the 1977 IEEPA. The decision raises concerns about the legality of his economic policies, impacting global markets and trade relationships, and follows at least seven lawsuits challenging ...

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edition.cnn.com
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Court Rules Against Trump Tariffs, Causing Muted Stock Market Rally

A federal court ruled against President Trump's tariffs on Wednesday, leading to a muted stock market rally on Thursday, with the Dow up 75 points (0.18%), the S&P 500 up 0.8%, and the Nasdaq up 1.44%; however, the administration's immediate appeal and potential use of alternative legal avenues to i...

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Showing 61 to 72 of 688 results