A major judicial roadblock has been thrown in the path of Donald Trump’s trade agenda. A U.S. appeals court has ruled that his strategy of using the International Emergency Economic Powers Act (IEEPA) to impose tariffs was illegal, effectively halting that approach.
The court’s majority opinion concluded that the IEEPA’s authorization for the president to “regulate” international economic transactions does not extend to the power to set tariffs. The ruling affirms that the power to tax imports is a core legislative function that was not delegated to the president through this particular law.
This decision has immediate and far-reaching consequences, casting doubt on the validity of trade pacts negotiated under the shadow of the IEEPA tariffs. It strengthens the hand of countries that felt coerced into accepting unfavorable terms.
The former president has vowed to appeal, setting up a classic constitutional confrontation at the Supreme Court. The case will require the justices to define the boundaries of executive emergency power, a decision that will set a crucial precedent for the balance of power in the U.S. government.
Judicial Roadblock: Court Halts Trump’s IEEPA Tariff Strategy
Date:
Picture Credit: www.rawpixel.com
