US Court Rejects Most of Trump's Tariffs, Dealing Blow to Trade War

A US court has dealt a significant blow to former President Donald Trump's trade policies, blocking the majority of tariffs he imposed. The US Court of International Trade ruled that Trump exceeded his authority by imposing the tariffs without explicit congressional approval. The court's decision states, "The tribunal does not rule on the prudence or likely effectiveness of the President's use of tariffs to exert pressure. Such use is inadmissible, not because it is imprudent or ineffective, but because federal law does not permit it." This decision is a major setback for Trump, who frequently used tariffs as a tool in his trade wars with countries like China. The Trump administration immediately appealed the ruling, but the initial decision was widely celebrated in financial markets. The dollar rose, and Wall Street analysts expressed optimism about the decision's potential impact on international trade. One analyst commented, "This decision is a victory for the rule of law and a sign that the courts will not tolerate the abuse of executive power." The ruling has significant implications for future trade policy, underscoring the importance of congressional oversight in such matters. It serves as a reminder of the separation of powers within the US government and the limits on presidential authority. The case is far from over, with the appeal process still underway, but the initial decision represents a significant check on Trump's trade agenda.