Reported about 13 hours ago
A New York importer is challenging President Trump’s authority to impose billions in global tariffs, claiming he lacks the legal power to do so under the International Emergency Economic Powers Act (IEEPA) of 1977. The case, which will be heard in the US Court of International Trade, questions whether Trump can enforce tariffs based on his declared national emergency amidst ongoing trade disputes. The plaintiffs argue that trade deficits do not constitute an emergency and that Congress never intended for the president to have such unrestricted tariff authority.
Source: YAHOO