US Court Blocks Trump’s ‘Liberation Day’ Tariffs: First Successful Challenge

A US federal court has struck down tariffs imposed by former President Trump, ruling that they exceeded his authority under the International Emergency Economic Powers Act (IEEPA). This is the first time a presidential tariff imposition has been successfully challenged in court. Businesses and states had argued the tariffs were economically harmful and unlawful. 5 American businesses and several state attorneys general filed challenges against the tariffs, highlighting their potential negative impact on trade.