Trump’s ‘Liberation Day’ Tariffs Blocked: Court Rejects Unilateral Trade Action

A key ruling by the U.S. Court of International Trade has invalidated President Trump’s tariffs imposed in April 2025, signaling a major shift in trade policy authority. The court ruled that these tariffs exceeded legal limits under the International Emergency Economic Powers Act, reaffirming Congress’s control over trade policy and addressing potential market volatility. This decision impacts both international trade relations and domestic industries reliant on imported goods.