A three-judge panel of the U.S. Court of International Trade ruled that Donald Trump overreached when he unilaterally imposed tariffs on imports from more than 100 countries. CNN’s Elie Honig called the development “a huge setback” for the president.

In a unanimous decision issued on Wednesday, judges halted the president’s tariffs with a permanent injunction. The ruling nullifies Trump’s 30% tariff on Chinese goods, the 25% tariff on goods from Canada and Mexico, and the baseline 10% tariffs Trump imposed on most countries on April 2, or “Liberation Day,” as he called it. In issuing those tariffs, Trump bypassed Congress by citing the International Emergency Economic Powers Act. Tariffs on automobiles and steel will remain.

The lawsuit was filed by Liberty Justice Center, a libertarian legal advocacy group.

  • DandomRude@lemmy.world
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    8 days ago

    I think it was mainly about manipulating the stock market so that he and his cronies could enrich themselves illegally. You know, organized crime.

    • mriswith@lemmy.world
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      7 days ago

      That’s the thing, they know that. Trump just thinks he’s “winning” as a master negotiator.

      There are a bunch of smart people who know what they’re doing, but they’re pinning all the blame on the useful idiots like Trump, RFK Jr., Leavitt, Bondi, etc.

      • DandomRude@lemmy.world
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        7 days ago

        Yes, I also think that Drump is more of a straw man. He certainly benefits from all these obvious crimes, but I don’t think he’s actually the brains behind the operation - he lacks the intellect for that.

        Either way, the ones who lose out in all this are the US citizens and, as always, the socially disadvantaged in particular.