Court Ruling Throws Trump Tariffs Into Uncertainty

The U.S. Court of International Trade ruled that former President Trump exceeded his authority under the International Emergency Economic Powers Act (IEEPA) by imposing broad tariffs on imports from China, Mexico, Canada, and other countries. The court found that IEEPA does not grant the president unlimited power to set tariffs, a role reserved for Congress. A federal appeals court has since granted the Trump administration a temporary stay, allowing the tariffs to remain in place while the appeal continues. The legal uncertainty has disrupted business planning and supply chains, causing manufacturers and importers to delay decisions. The administration remains confident in overturning the ruling and is exploring further legal strategies, while trade talks with major partners are ongoing. Analysts say the prolonged uncertainty is fueling global market volatility.