A significant legal blow has been dealt to Donald Trump’s trade policies. A US trade court has struck down the majority of tariffs implemented during his presidency, citing an overreach of authority under the International Emergency Economic Powers Act (IEEPA).
The ruling, a culmination of several lawsuits, directly impacts tariffs imposed on key trading partners including Canada, Mexico, and China. This sweeping decision invalidates a substantial portion of Trump’s trade agenda, leaving many wondering about the future of these crucial economic relationships.
The White House has responded with swift criticism and an immediate appeal, signaling their intent to fight this decision. However, it’s important to note that not all Trump-era tariffs have been affected; some remain in effect.
This landmark ruling raises critical questions about the limits of presidential power in trade matters and the implications for future administrations. The ongoing appeal will undoubtedly shape the landscape of international trade for years to come.
Union Minister Kiren Rijiju recently shared a humorous anecdote about his first interaction with the…
Union Minister Kiren Rijiju has issued a pointed challenge to the opposition, urging them to…
A Southwest Airlines flight experienced a terrifying plummet of 475 feet just six minutes after…
The cricketing world was buzzing with excitement when N Jagadeesan received a surprise call-up to…
Tensions along the Thailand-Cambodia border have escalated, with clashes between the two nations entering a…
After a two-week absence, prominent religious leader Mirwaiz Umar Farooq resumed delivering the Friday sermon…