A federal court ruled that Trump’s reciprocal tariffs are unlawful, orders its cancellations and bars its future modifications
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A federal trade court ruled that Trump’s reciprocal tariffs are unlawful.
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The court ordered a halt to the reciprocal tariffs and barred any future modifications to them.
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Trump’s administration was given 10 days to make the necessary modifications to carry out the court’s orders.
“The Worldwide and Retaliatory Tariff Orders exceed any authority granted to the President by IEEPA to regulate importation by means of tariffs,” the judges wrote.
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The White House said it will appeal the decision.
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If the decision is upheld, the 30% tariff on China goods, 25% tariff on Mexico, and Canada goods, and 10% tariff on goods from other countries will be cancelled.
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Aside from an appeal, analysts said there are other laws that Trump could use to pursue his agenda such as section 122 which enables him to impose up to 15% tariff across the board for six months, after which he would need a congressional approval to extend them.
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Section 301 enables the administration to launch investigations on unfair trade practices and impose unlimited tariffs. This requires a probe and public comment which could take months.