Second court blocks Trump tariffs as 'unlawful'
Second court blocks Trump tariffs as 'unlawful'
Federal court determined that President Trump doesn't have the authority to unilaterally impose tariffs, dealing a sweeping blow to his main weapon in his trade war.
On Thursday, a second federal court determined that Trump’s global were “unlawful.”
U.S. District Judge Rudolph Contreras said in an order the International Economic Emergency Economic Powers Act does not give the president the power to impose most of his recent tariffs.
Notably, the decision from Contreras – an Obama appointee – only restricts the Trump administration's ability to collect tariffs from the two companies that filed the lawsuit, Learning Resources, Inc., and hand2mind, Inc.
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Tariffs don’t apply if your company is large enough to afford a lengthy legal battle? Yeah that tracks.