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    alarabiya
    alarabiya
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    US Court Strikes Down Trump Tariffs: A Win for Free Trade?

    The United States Court of International Trade recently made a landmark ruling, invalidating tariffs imposed by the Trump administration on goods imported from countries with a trade surplus with the US. The court found that the tariffs exceeded the president's authority, a decision that has sparked mixed reactions. Some see this as a political defeat for the Trump administration, while others celebrate it as a victory for fair trade and economic stability. "This decision is a significant win for free markets and the rule of law," said one trade expert. Conversely, another expert argued that the ruling could destabilize trade relations and potentially lead to retaliatory measures from other countries. The ruling highlights the ongoing tension between executive power and Congressional authority in setting trade policy. The decision leaves the future of trade policy uncertain, with potential for further legal challenges and legislative action.

    2 months ago
    FI
    United States
    news summary
    tariffs
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