Trump, Musk and tariffs
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Trump, TACO and tariff
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The White House on Thursday lashed out judges who've ruled against President Donald Trump's global tariff policy -- a key part of his second-term agenda.
The U.S. Court of International Trade ruled that Trump doesn't have the authority to impose sweeping global tariffs under an emergency-powers law.
Barring a change of heart by the president or intervention by Congress, consumers will have a lot of places to look for rising prices in the coming months.
President Donald Trump has audaciously claimed virtually unlimited power to bypass Congress and impose sweeping taxes on foreign products.
For a White House that has grown accustomed to a rollercoaster of legal rulings, judicial decisions over the past day throwing President Donald Trump’s tariff plans into question landed like a bombshell.
The U.S. Court of International Trade on Wednesday struck down tariffs imposed on virtually every country by President Donald Trump, ruling that he exceeded the authority granted to him under the 1977 International Emergency Economic Powers Act.