Federal Court Rules Against New Global Tariffs Imposed by Trump After Supreme Court Setback
· Telemundo McAllen (KTLM)
A federal court ruled on Thursday against the new global tariffs that President Donald Trump imposed following a painful defeat in the Supreme Court. In response to a lawsuit filed by small businesses, a divided panel of three judges from the U.S. Court of International Trade in New York determined that the 10% global tariffs were illegal. In a 2-1 decision, the court found that Trump exceeded the tariff powers granted to the president by Congress under the law. The tariffs are 'invalid' and 'not authorized by law,' the majority wrote. The third judge on the panel determined that the law grants the president greater leeway on tariffs. If the government appeals Thursday's decision, as expected, it will first have to go to the U.S. Court of Appeals for the Federal Circuit in Washington, and could ultimately reach the Supreme Court. The dispute centers around the temporary 10% global tariffs imposed by the Trump administration after the Supreme Court invalidated even broader double-digit tariffs that the president imposed last year on nearly all countries. The new tariffs, invoked under Section 122 of the Trade Act of 1974, were set to expire on July 24.
AI summary · Source: Telemundo McAllen (KTLM) →
