Trump allies expect he’ll double down on tariffs after sweeping court block

Donald Trump can't impose whatever tariffs he wants on a whim, a federal court ruled Wednesday, issuing an opinion that analysts say has only stoked more trade chaos. The ruling permanently blocked some of the most controversial tariffs and reportedly scrambled Trump's ongoing trade talks with many countries pressured into negotiations by the threat of those tariffs, CNN reported. The blocked tariffs—which the court found were implemented unconstitutionally under the International Emergency Economic Powers Act (IEEPA)—included tariffs the administration said were designed to stop drug and human trafficking, as well as retaliatory tariffs placed on all countries that were supposed to put an end to persistent US trade deficits. Following several lawsuits alleging that Trump's so-called "emergency" tariffs exceeded his authority, the verdict came from a three-judge panel at the US Court of International Trade, including Trump-appointed Timothy Reif, Barack Obama-appointed Gary Katzman, ... Read full article.