Source: United States & Canada – South China Morning PostA federal appeal court in Washington has ruled that US President Donald Trump’s “reciprocal” tariffs are illegal, upholding a lower court’s decision to block them.
The decision deals a major blow to Trump’s “America First” trade strategy.
The US Court of Appeals for the Federal Circuit found that the president lacks the authority to unilaterally impose tariffs under emergency powers without congressional approval.
“The statute bestows significant authority on the President to undertake a number…Read More