हो गई नसबंदी। US Court Blocks Trump's Global Tariffs: What It Means for Trade

Tavsif:

May 28, 2025, the U.S. Court of International Trade ruled that former President Donald Trump exceeded his authority under the International Emergency Economic Powers Act (IEEPA) by imposing broad tariffs on imports from nearly every country. This decision invalidates the majority of the "Liberation Day" tariffs, which aimed to address trade imbalances and fund tax cuts through tariff revenues. The court's ruling affects tariffs imposed on countries such as China, Canada, and Mexico, though those tied to national‑security laws remain in place. The administration plans to appeal the decision.