The Court of International Trade in New York on Wednesday said President Trump exceeded his authority to impose tariffs under the International Emergency Economic Powers Act of 1977 (IEEPA).
Last week US District Court Judge T. Kent Wetherell suggested President Trump had the authority to impose tariffs under IEEPA, a ruling from the 1970s, but did not issue an order.
Rather, Judge Wetherell punted the case from a federal court in Southern Florida to the Court of International Trade.
The judge transferred one of the lawsuits to the federal court in New York.
On Wednesday, a three-judge panel at the US Court of International Trade ruled President Trump exceeded his authority to unilaterally impose tariffs under IEEPA.
“A three-judge panel at the US Court of International Trade, a relatively low-profile court in Manhattan, ruled Wednesday to temporarily halt Trump’s global tariffs that he imposed citing emergency economic powers, including his “Liberation Day” tariffs imposed on April 2,” CNN reported.
“The court ruled in favor of a permanent injunction, grinding Trump’s global tariffs to a halt before “deals” with most other trading partners have even been reached. That means the bulk – but not all – of Trump’s tariffs are put in a standstill,” CNN reported.
The post BREAKING: Federal Court Blocks Trump From Imposing Some Tariffs, Rules He Exceeded His Authority to Impose Tariffs Under IEEPA appeared first on The Gateway Pundit.