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 ...
Having fun, newbie?
Then who has the power, the judges?
Congress had the power of Tariff, they gave it to the executive because they felt it was part of international negotiations and they could raise money by taxes.
Congress can take the power back, but the judges can’t take the executive power in negotiations. The emergency it is filed under is a ‘negotiation’ emergency, needed flexibility of the executive. The judges shouldn’t interfere with powers of the State, especially those involved with international negotiations, IMHO. This is a Constitutional abomination by Justice.
The writings on the wall, not even Trump can save this dying nation. Sick of defeatist? I’m sick of people who can’t see what’s right the F in front of them. Look at our debt. Look at how sick society is. Trump is but a minor speed bump on the way down. Not even Trump is willing to do what is needed to deport Bidens illegals. He’s completly tied up by a demented judiciary. They are succeeding in running the clock out on Trump. At this point I am 100% willing to let the Democrats drive this thing off the cliff quickly so I can fight while I still can. And I want to fight. I’m sick of playing by the rules because we are the only ones doing it. Even after a convincing win Trump is still being stymied at every turn. Even appointments that were supposed to really start getting S done have either been compromised or are too scared to do what needs to be done. So bring on the collapse, cause I want to raise some serious hell before I am too old to do it.
I love this country and I feel a deep obligation to paying back to it what it has done for me and hundreds of millions of people who lived before me. And I feel that it is MY time in history to do what many before me have done to put me where I am in this place and time.
But that doesn’t mean at this time to take up arms. If you want that, there will be time enough.
But not yet.
History is full of people who badly wanted the kinetic fight to come on, the sooner the better.
Then, after the extended misery and depredations of death, destruction, poverty, and starvation, could only sadly obsess on how to extricate themselves from it, forgetting that they had welcomed it, and even advocated for it.
I am not one of those people.
I am enough of a student of history to know that if the fight comes, one must fight, but only as a last resort.
I am already too old to “raise serious Hell”. But if it comes, it will come for me too, regardless of my age, and I will be faced with that choice of raising Hell, or having Hell raised on me.
“Naa, it’s because NVIDIA beat earnings.”
They beat earnings, however the volatility because of reducing exports to China will still be a key indicator on how the stock performs the rest of 2025.
literally not their call.
they know that.
they’re just trying to slow him down.
Since we have been invaded by 15-20 million illegal invaders, it’s really easy to see that this is an emergency. Of course, as one of the loudest of the LIBERAL TROLLS on FR, you are well aware of this fact.
“”Former freeper “joesbucks” doesn’t get to spew his January Sixther hate around here any more, ever since he got booted for hating on Ashli Babbitt...””
Good riddance to joebucks. I the suspension is permanent this time. Or, is joebucks now MiamiRebel?
“The Democrats will double down on the crazy stuff in preparation for 2028 because they’ll think that what they’re doing is working because after all they’ll win the midterms in 2026.
Perhaps, my predictions may be wrong. But I’m fairly confident that we’ll have a problem with turning out our voters in 2026 because Trump won’t be on the ballot.”
I think you are right. Aside from the fact Republican voters are going to be upset at their “Do Nothing” Critters in Congress by then.
True. It's not going to help that it's "business as usual" for RINOs. There's a lot of pork in the "big, beautiful" bill.
America voted for Trump.
Not for the GOP.
Just proves that the things that are really important the citizens have no say. F all the globalists celebrating this.
It’s an emergency. 20% of our annual income is being used to pay the interest on our debt (which is 7 times the annual income). We’re in a catastrophic debt cycle.
Precisely.
Do you wish to completely de industrialize the USA? You can check with your mandarin handlers before answering.
These “courts” and “judges” are in the process of making themselves irrelevant....
States cannot set trade policy. Tariffs are in the federal wheelhouse. The power resides in the executive. Tariff policy is no threat to the republic.
I am a realist and cannot lie to myself either. Things are not rosy and they are not going to get much better. This country only has one chance left for a peaceful turnaround. A sizable third party put together in the next year and a half. Either take over the Independents, or a MAGA party.
We are at a time where even a lot of Centrist Democrats are waking up and tired of the wokeness, support Trump, and would come over if it was not labelled “Republican”. Enough numbers to scare the hell out of both the Republicans and Democrats in Congress.
But it will never happen. We are fat, spoiled, and lazy so the personal work and effort will not be put into making it happen. Along with the irrational undying loyalty to follow the GOP off the cliff just because they have an “R”.
I am bewildered by the inability to understand that there is no difference between Pork with a D and Pork with an R. Apparently there is unrighteous Pork and righteous Pork depending on what mask you put on it. It is irrational and illogical.
And if there's too much "pork" in the bill, all he has to do is to tell his base not to vote in 2026.
I believe that Trump has leverage but he's not using it.
They'll give him the bill he wants because their goal is to get reelected.
“They’ll give him the bill he wants because their goal is to get reelected.”
I’m not so sure about that anymore. Already some are talking about taking a dive, not even running again, and handing it to a Democrat. They are going to throw us under the bus rather than defy their NWO global masters. The NWO will make sure they are compensated very well for taking a dive so holding office will be personally insignificant anyhow.
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