Posted on 05/28/2025 6:27:36 PM PDT by Miami Rebel
A federal court on Wednesday blocked President Donald Trump from imposing sweeping tariffs on imports under an emergency-powers law, swiftly throwing into doubt Trump’s signature set of economic policies that have rattled global financial markets, frustrated trade partners and raised broader fears about inflation intensifying and the economy slumping.
The ruling from a three-judge panel at the New York-based U.S. Court of International Trade came after several lawsuits arguing Trump’s “Liberation Day” tariffs exceeded his authority and left the country’s trade policy dependent on his whims.
But for now, Trump might not have the threat of import taxes to exact his will on the world economy as he had intended, since doing so would require congressional approval. What remains unclear is whether the White House will respond to the ruling by pausing all of its emergency power tariffs in the interim.
Trump might still be able to temporarily launch import taxes of 15% for 150 days on nations with which the U.S. runs a substantial trade deficit. The ruling notes that a president has this authority under Section 122 of the Trade Act of 1974.
The ruling amounted to a categorical rejection of the legal underpinnings of some of Trump’s signature and most controversial actions of his four-month-old second term. The administration swiftly filed notice of appeal — and the Supreme Court will almost certainly be called upon to lend a final answer — but it casts a sharp blow.
The case was heard by three judges: Timothy Reif, who was appointed by Trump, Jane Restani, named to the bench by President Ronald Reagan and Gary Katzman, an appointee of President Barack Obama.
(Excerpt) Read more at apnews.com ...
44 House Republicans resigned in 2018 including Paul Ryan.
https://www.foxcorporation.com/management/board-of-directors/
Here is a thread regarding the ruling that people might find interesting:
https://threadreaderapp.com/thread/1927890545893924871.html?utm_campaign=topunroll
Yep, they are going to do it again...
i see the Narrative Control Cubicle has got new ‘ talent ‘ competing for the post reward doughnuts.
spit.
There is no way this guy was EVER a Conservative.
Makes not the slightest difference. President Trump appointed him.
And, by the way-we don’t have to get crossways with each other on this. I understand your viewpoint. I simply feel differently about it than you do, even if on many things we are on the same side.
Not sure I understand your point.
You agree with Timothy Reif voting against Trump?
Or - you have a quasi-religious trust in Trump decisions?
Make bad decisions, live with the consequences.
“I don’t think I’m going out on a limb in suggesting that your position is outright fascist.”
Captainpaintball is one of the most unstable whackjobs on this site.
I truly pity anyone who has to have daily contact with him.
Talk about a loose cannon
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.