#tradecourt — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #tradecourt, aggregated by home.social.
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A split panel of the Court of International Trade ruled Trump’s 10% global tariffs were invalid and unauthorized by law, finding he exceeded the authority Congress granted under the Trade Act of 1974.
#Trump #Tariffs #TradeCourt #TradePolicy #EconomicNews #USPolitics -
A split panel of the Court of International Trade ruled Trump’s 10% global tariffs were invalid and unauthorized by law, finding he exceeded the authority Congress granted under the Trade Act of 1974.
#Trump #Tariffs #TradeCourt #TradePolicy #EconomicNews #USPolitics -
“What’s notable about #Trump is the enormous scale & extent, which is greater than under any modern president,” said Ilya Somin, who is representing 5 US businesses who sued the admin, claiming they were harmed by Trump’s so-called “Liberation Day” #tariffs.
Because #Congress has the #power to set #trade policy under the #Constitution, a federal #TradeCourt ruled Trump overstepped his authority by claiming an economic #emergency to impose the tariffs. An appeals court paused the ruling….
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The appeals court temporarily halted the order from a federal #TradeCourt issued last night.
#Trump is facing several lawsuits arguing Trump’s BS “Liberation Day” #tariffs exceeded his #authority & left the country’s #trade policy dependent on his whims.
#law #judiciary #Constitution #SeparationOfPowers #Congress #economy #inflation #recession #InternationalTrade #authoritarianism #dictatorship #AmericanAutocracy