by Misty Severi
The United States Court of International Trade on Wednesday unanimously ruled to strike down President Donald Trump’s reciprocal trade tariffs, ruling the president exceeded his authority in doing so.
Trump imposed the tariffs last month on a wide range of countries, which were announced on the dubbed “Liberation Day,” which sought to rebalance global trade, reduce the national debt and “supercharge” the U.S. economy to the benefit of long-suffering American workers.
The federal court ordered that all tariffs the administration has collected so far be “vacated,” and criticized Trump’s use of the 1977 International Emergency Economic Powers Act (IEEPA) to justify his order, Politico reported.
“The Worldwide and Retaliatory Tariff Orders exceed any authority granted to the President by IEEPA to regulate importation by means of tariffs,” the New York-based federal court said in its opinion.
The White House has not commented on the order so far.
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Misty Severi is a reporter for Just the News.
