Reported 2 days ago
As President Trump prepares to implement new tariffs dubbed 'Liberation Day' on Friday, a federal appeals court in Washington will review a case challenging his authority to impose these tariffs without Congressional approval. The lawsuit, initiated by small business importers and several states, contests the legality of the tariffs under the International Economic Emergency Powers Act. The court's ruling, expected soon, could significantly impact businesses and consumers if it alters the president's emergency powers regarding tariffs. This legal battle may eventually reach the Supreme Court, leading to further scrutiny of the president's unilateral tariff authority.
Source: YAHOO