Articles in this Cluster
29-05-2025
A three-judge panel of the U.S. Court of International Trade struck down President Trump’s globally applied “reciprocal” tariffs, ruling he exceeded authority under the International Emergency Economic Powers Act and ordering the administration to stop collecting them within 10 days. The court also invalidated separate IEEPA-based tariffs on Canada, Mexico, and China tied to drug trafficking, finding no clear link between the stated threats and the tariffs. Existing tariffs justified under other laws (e.g., on steel and aluminum) remain unaffected. The administration immediately appealed to the Federal Circuit, with a potential path to the Supreme Court. Markets rallied on the news, while state attorneys general and businesses that challenged the tariffs praised the decision; the White House defended the measures as necessary to address national economic emergencies.
Entities: U.S. Court of International Trade, International Emergency Economic Powers Act (IEEPA), Donald Trump, Federal Circuit, Supreme Court • Tone: analytical • Sentiment: neutral • Intent: inform
29-05-2025
A U.S. trade court ruled President Trump exceeded his authority by using the IEEPA to impose broad tariffs, ordering a permanent halt and giving the administration 10 days to unwind them. The White House appealed and is expected to pursue workarounds. Goldman Sachs and trade lawyers say alternative tools include Section 122 (quick, up to 15% for 150 days without investigation), Section 301 (investigation-based, slower), expanding Section 232 sectoral tariffs on national security grounds, and rarely used Section 338 (up to 50% against discriminatory countries). These routes require more process and could take weeks to months. Legal experts note the case could reach the Supreme Court, and the administration may seek an emergency stay to keep tariffs in place during appeals. Markets reacted modestly, with analysts saying Trump still has viable paths to reimpose tariffs.
Entities: U.S. trade court, President Trump, IEEPA, White House, Goldman Sachs • Tone: analytical • Sentiment: neutral • Intent: inform
29-05-2025
A federal appeals court temporarily reinstated most of President Trump’s tariffs by pausing a U.S. Court of International Trade ruling that had invalidated them. The lower court found Trump lacked authority under the International Emergency Economic Powers Act to impose “reciprocal” and related tariffs, issuing a nationwide permanent block and barring future modifications. The pause gives the administration time to seek a stay pending appeal and potentially emergency relief from the Supreme Court. Plaintiffs, including state AGs and businesses, argue the tariffs cause irreparable harm, while Trump officials say they have alternative ways to impose tariffs if they lose. The case is expected to move quickly toward the Supreme Court.
Entities: U.S. Court of Appeals, U.S. Court of International Trade, Donald Trump, International Emergency Economic Powers Act (IEEPA), Supreme Court • Tone: analytical • Sentiment: neutral • Intent: inform
29-05-2025
A federal appeals court temporarily reinstated President Trump’s ability to levy tariffs, pausing a Court of International Trade ruling that found he lacked authority under the International Emergency Economic Powers Act (IEEPA). The stay maintains Trump’s tariff powers while the Federal Circuit reviews briefs due in early June. The CIT had blocked “Liberation Day” and other IEEPA-based tariffs, though Section 232 tariffs on autos, steel and aluminum were untouched. The administration vowed aggressive legal action and hinted at alternative tariff tools; Trump urged the Supreme Court to intervene. Plaintiffs, including small businesses and Democratic states, argue the tariffs cause irreparable harm. In a separate case, a federal judge granted—but briefly stayed—a preliminary injunction protecting two toy companies from the tariffs, which the administration also appealed. The rapid back-and-forth leaves tariff policy in flux.
Entities: U.S. Court of Appeals for the Federal Circuit, Court of International Trade (CIT), Donald Trump, International Emergency Economic Powers Act (IEEPA), Section 232 tariffs • Tone: analytical • Sentiment: neutral • Intent: inform
29-05-2025
A federal court blocked key Trump tariffs imposed under emergency economic powers, jeopardizing a central pillar of his three-part economic agenda (tariffs, tax cuts, spending cuts). The ruling halts “reciprocal,” universal 10%, and anti-fentanyl tariffs, undermining leverage for trade deals and the projected tariff revenue (~$150 billion/year) intended to help offset nearly $4 trillion in tax cuts. Without tariffs, Republican support for the tax package may weaken, potentially forcing smaller tax cuts or deeper spending cuts. The administration has appealed, creating uncertainty for businesses and negotiations; it could still pursue tariffs via other authorities like Section 232.
Entities: Trump, federal court, tariffs, emergency economic powers, tax cuts • Tone: analytical • Sentiment: neutral • Intent: inform
29-05-2025
A federal trade court blocked much of President Donald Trump’s new tariffs, citing separation-of-powers principles and legal doctrines conservatives used against President Joe Biden. The ruling leans on the “major questions doctrine,” which requires clear congressional authorization for actions of major economic or political significance, and nods to the “nondelegation doctrine,” warning against unlimited delegation of tariff authority to the executive. While a federal appeals court has temporarily paused the lower court’s order—keeping the tariffs in place during litigation—the case is likely headed to the Supreme Court. The administration argues the ruling jeopardizes foreign policy and national security. Unlike Trump’s earlier steel tariffs, these were imposed under a 1977 emergency law, making the legal issues distinct.
Entities: Donald Trump, Joe Biden, federal trade court, major questions doctrine, nondelegation doctrine • Tone: analytical • Sentiment: neutral • Intent: inform
29-05-2025
A three-judge panel of the US Court of International Trade ruled that President Trump exceeded his authority under the International Emergency Economic Powers Act (IEEPA) by imposing broad “Liberation Day” and other global tariffs, issuing a permanent injunction that blocks most of them. The decision halts the 10% universal tariff, 30% tariffs on China, and 25% tariffs on many goods from Mexico and Canada aimed at fentanyl trafficking, but leaves intact Section 232 tariffs on autos, auto parts, steel, and aluminum. The administration immediately appealed, setting up a likely path to the Supreme Court and creating uncertainty for businesses. Markets rallied on the news. The ruling, prompted by suits from small businesses and Democratic-led states, found IEEPA does not authorize tariffs and that the declared emergencies did not justify the measures. The White House condemned the decision as judicial overreach, while economists said it could significantly ease burdens on small and mid-sized firms if upheld.
Entities: US Court of International Trade, International Emergency Economic Powers Act (IEEPA), Donald Trump, Section 232 tariffs, Supreme Court • Tone: analytical • Sentiment: neutral • Intent: inform
29-05-2025
A small, family-run New York importer, VOS Selections, led a lawsuit that prompted the US Court of International Trade to strike down most of President Trump’s sweeping global tariffs, ruling he overstepped his authority by using emergency powers. The case, brought with the Liberty Justice Center and other small businesses, highlights how tariffs strained smaller firms lacking cash buffers. While the White House appealed and some tariffs on autos, steel, and aluminum remain under a different law, the ruling—if upheld—could unwind most of Trump’s tariffs and weaken his trade leverage. VOS founder Victor Schwartz called the tariffs an existential threat and vowed to fight through the Supreme Court if needed.
Entities: VOS Selections, Victor Schwartz, Donald Trump, US Court of International Trade, Liberty Justice Center • Tone: analytical • Sentiment: neutral • Intent: inform
29-05-2025
A three-judge panel of the U.S. Court of International Trade struck down President Trump’s sweeping global tariffs, ruling they are unlawful and exceed his authority under the International Emergency Economic Powers Act. The court found his use of a declared “national economic emergency” to impose worldwide, retaliatory tariffs lacked clear limits and violated the law, affecting measures on China, Mexico, and Canada as well. The decision undermines a core pillar of Trump’s economic agenda, intensifies tensions between the administration and the judiciary, and injects uncertainty into global trade. While the White House plans to appeal, the ruling suggests Trump would need congressional approval for such tariffs—a difficult prospect even with narrow majorities. Stock futures rose on the news as markets and governments awaited clarity on how and when tariffs might be lifted.
Entities: U.S. Court of International Trade, Donald Trump, International Emergency Economic Powers Act, White House, China • Tone: analytical • Sentiment: neutral • Intent: inform
29-05-2025
A three-judge panel of the US Court of International Trade blocked President Donald Trump’s sweeping global tariffs, ruling he exceeded his authority by imposing them without Congress and rejecting his “national emergency” justification. The decision halts flat 10% tariffs on worldwide imports (including UK goods) and higher country-specific rates planned for July. The White House called the ruling a judicial overreach and immediately appealed, potentially to the Supreme Court. The case stemmed from small importers claiming the tariffs were economically devastating. Critics said the measures drove up prices and disrupted supply chains; markets rallied on the news. It’s unclear how the ruling affects the newly signed UK-US trade deal that lowers tariffs on British cars and removes duties on UK steel and aluminum. Elon Musk announced his departure from the administration shortly after the ruling.
Entities: US Court of International Trade, Donald Trump, global tariffs, White House, Supreme Court • Tone: analytical • Sentiment: neutral • Intent: inform
29-05-2025
A federal appeals court temporarily reinstated President Trump’s tariffs while it considers a legal challenge to a Court of International Trade ruling that had unanimously blocked them, including by a judge Trump appointed. Trump lashed out at the judiciary and denounced the Federalist Society and its co-chair Leonard Leo. He also nominated Paul Ingrassia, a former far-right podcast host and current DHS liaison, to lead the Office of Special Counsel, which oversees whistle-blower protections and Hatch Act enforcement. Separately, controversy engulfed the Kennedy Center after pro-Trump activist Floyd Brown said he was fired as vice president of development over his views on same-sex marriage, amid broader turmoil under Trump-appointed leadership. Additionally, a Boeing 737 previously used as JD Vance’s campaign plane has been used repeatedly for migrant deportation flights.
Entities: Donald Trump, Federal Appeals Court, Court of International Trade, Federalist Society, Leonard Leo • Tone: analytical • Sentiment: negative • Intent: inform
29-05-2025
A three-judge panel of the U.S. Court of International Trade blocked many of President Trump’s broad tariffs imposed under the International Emergency Economic Powers Act, ruling the law doesn’t grant the president authority to levy such widespread import taxes. The decision, which gives the administration up to 10 days to unwind the affected tariffs, undercuts Trump’s leverage in ongoing trade negotiations and marks a significant setback to his tariff strategy. The ruling does not affect tariffs issued under other statutes (e.g., on steel, aluminum, cars). The administration plans to appeal and may seek an emergency stay or pursue alternative legal avenues. States and businesses that sued argued the emergency law doesn’t permit tariffs and that a long-standing trade deficit isn’t a national emergency; the court agreed many of the tariffs were illegal. The outcome injects uncertainty into trade talks and Trump’s broader tariff agenda.
Entities: U.S. Court of International Trade, Donald Trump, International Emergency Economic Powers Act, tariffs, The New York Times • Tone: analytical • Sentiment: neutral • Intent: inform
29-05-2025
A U.S. appeals court temporarily reinstated President Donald Trump’s “Liberation Day” reciprocal tariffs and separate fentanyl-related duties on China, Mexico, and Canada, hours after the U.S. Court of International Trade ruled Trump had exceeded his authority. The Federal Circuit granted an immediate stay of the lower court’s injunctions, pending further briefing: plaintiffs have until June 5 to respond, and the administration until June 9 to reply. The underlying cases were brought by 12 states led by Oregon and five U.S. businesses. Trump criticized the trade court’s decision and praised the appeals court’s stay. The final appellate decision is forthcoming.
Entities: U.S. Court of Appeals for the Federal Circuit, U.S. Court of International Trade, Donald Trump, reciprocal tariffs, fentanyl-related duties • Tone: analytical • Sentiment: neutral • Intent: inform
29-05-2025
A US federal court blocked President Trump’s sweeping “Liberation Day” tariffs and separate levies targeting China, Mexico, and Canada linked to the fentanyl crisis, ruling he overstepped his authority under the International Emergency Economic Powers Act. The decision by the US Court of International Trade, in cases brought by 12 states led by Oregon and five businesses, is the first major legal setback to Trump’s tariff strategy and could disrupt efforts to pressure companies to relocate production to the US. The White House criticized the ruling, asserting the administration’s right to use executive power to address national emergencies.
Entities: US Court of International Trade, Donald Trump, International Emergency Economic Powers Act, Liberation Day tariffs, Oregon • Tone: analytical • Sentiment: neutral • Intent: inform
