‘Financial ruin’ for US? What happens if Trump tariffs are struck down by court — Explained

US President Donald Trump (Pic credit: AP) The US federal court’s ruling over the tariff, calling it “illegal”, came as a major setback for President Donald Trump. The court said that the Republican leader overstepped his authority when he declared trade deficits and border issues as “national emergencies” to justify sweeping tariffs he imposed on […]

Federal court question Trump’s tariff authority; cites limit of emergency law, case likely headed to Supreme Court

Appellate judges question Trump’s authority to impose tariffs (Image credits: AP) Appellate judges expressed skepticism Thursday over US President Donald Trump’s legal rationale for imposing broad tariffs without congressional approval, raising doubts about his use of the International Emergency Economic Powers Act (IEEPA) to justify the move.During a 99-minute hearing before the US court of […]