US court blocks Trump's global tariffs, saying president exceeded his authority
Court cites that Constitution grants Congress power to regulate international commerceMarkets welcome ruling, dollar and global stocks rallyTrump administration files notice of appeal, questions authority of the court
Irish Independent Newsdesk
©Reuters
A US trade court blocked President Donald Trump's tariffs from going into effect in a sweeping ruling on Wednesday that found the president overstepped his authority by imposing across-the-board duties on imports from U.S. trading partners.
The Court of International Trade said the U.S. Constitution gives Congress exclusive authority to regulate commerce with other countries that is not overridden by the president's emergency powers to safeguard the U.S. economy.
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