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 ...
Whatever one thinks of the state of the American worker and the American economy, there is nothing that has suddenly escalated: they are endemic problems that can be addressed (if the Administration's appeals fail) by legislation.
37 trillion and growing is indeed a national emergency. Combine that with the BRICS world working as quickly as they can to divest from the dollar. It’s the pinnacle of stupidity not to think our economic situation it’s not a national emergency at this point.
Dow futures are exploding higher in celebration of this judicial coup.
“Trump’s “Liberation Day” tariffs exceeded his authority and left the country’s trade policy dependent on his whims.”
If Congress disagrees they can take action to correct the issue.
The judicial branch needs to stay in their lane.
Naa, it’s because NVIDIA beat earnings.
Nope. A chronic situation doesn’t become an emergency just because we agree action should be taken. If that were the case, our national debt would qualify as one, and the Executive could sweep aside the Congress and impose a balanced budget.
That’s not how a republic works.
I don’t think that any of these political Legal Beagles has sufficient economic smarts and knowledge to make any of these decisions.
There is no legal basis. It’s simply an anti-Trump measure of the swamp defending itself. It’s not based on the definition of a national emergency. The list of national emergencies is filled with things far less compelling.
“named to the bench by President Ronald Reagan”
Whoa!
The court isn’t making economic decisions. It’s saying that those decisions are the province of President with the advice and consent of the Congress.
Why not? Ain’t no stopping us now.
We are not a democracy in reality. The government may give an appearance of democracy but we are being ruled by globalist COURTS. A court-o-cracy.
Here’s one current national emergency. From the Biden era.
Directs the Secretary of the Treasury to issue regulations that monitor or prohibit transactions that may help China develop technology to counter US national security capability
it is up to the duly elected president to decide what constitutes an emergency.
The debt was $28 trillion in President Trump’s first term yet apparently that wasn’t an emergency.
Serious question: do you wish to abolish the Republic?
37 Trill is an existential risk constituting a clear emergency.
Yeah that’s exactly how republic works. He is following a law literally written around this concept. But you’re a Ukraine enthusiast, and an anti-Trumper. So you like anything that cuts him off at the knees.
“it is up to the duly elected president to decide what constitutes an emergency.”
That makes zero sense. Doing so gives unchecked power to a president. Would you have accepted Biden declaring a female health emergency and legalizing 9th month abortions throughout the states?
The judicial branch needs to stay in their lane.
_________________________________
1. Does the Executive branch have any powers?
2. How the heck can We The People expect congress to do anything?
3. What can We the People do?
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