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U.S. Court Blocks Trump's Broad Tariffs

2025-05-30 GGAMen游戏资讯 1

On May 28, 2025, the U.S. Court of International Trade ruled to block many of Trump's tariffs, stating he misused emergency powers to impose them. This decision has sparked discussions on presidential authority and economic impacts.


The court blocked specific tariffs, including 30% on goods from China, 25% on some from Mexico and Canada, and a 10% universal tariff on most imports. However, autos, auto parts, steel, and aluminum tariffs remain unaffected, as they fall under a different legal basis.


The ruling includes a 10-day window to halt the blocked tariffs, but the Trump administration's appeal on the same day adds uncertainty. This could lead to further legal battles, possibly reaching the Supreme Court, highlighting ongoing debates over trade policy and executive power.


Early reports suggest stock futures rose following the ruling, which is seen as removing an economic overhang, though the long-term effects are unclear given the appeal.


On May 28, 2025, the U.S. Court of International Trade in Manhattan issued a significant ruling that blocks most of Trump's recently imposed tariffs. These tariffs, often referred to as "Liberation Day" tariffs in public discourse, were part of Trump's trade policy aimed at addressing economic and security concerns, including issues like fentanyl trafficking. The court's decision, a permanent injunction, was unanimous, delivered by a three-judge panel, and has sparked widespread discussion on X and in news outlets.


The ruling stems from lawsuits filed by entities such as VOS Selections, represented by the Liberty Justice Center, and twelve Democratic states. Plaintiff lawyers, including Ilya Somin and Jeffrey Schwab, have highlighted concerns over economic impacts and perceived overreach of presidential power. At the same time, the White House has criticized the judicial decision as an overreach.


Details of the Court's Decision

The court's ruling targets several tariff measures explicitly:


30% tariffs on goods from China, aimed at addressing trade imbalances.

25% tariffs on some goods from Mexico and Canada, linked to issues like fentanyl trafficking.

A broad measure affecting global trade is a 10% universal tariff on most goods entering the United States.

However, not all tariffs are affected. The ruling explicitly does not block:


25% tariffs on autos, auto parts, steel, and aluminum were imposed under Section 232 of the Trade Expansion Act based on national security grounds.

This distinction is crucial, as it leaves specific trade measures intact, potentially allowing the administration to maintain leverage in particular sectors.


Legal Reasoning Behind the Ruling

The court's legal basis for blocking these tariffs is rooted in interpreting the International Emergency Economic Powers Act (IEEPA) of 1977. The judges ruled that IEEPA does not authorize the president to impose tariffs, as the law focuses on regulating imports through means other than tariffs and does not explicitly mention tariffs as an allowable action. Key points include:


Tariffs exceed the presidential authority granted by IEEPA to regulate importation.

Tariffs related to trafficking (e.g., against China, Mexico, and Canada for fentanyl) fail to address the specific threats outlined in the executive orders, lacking a direct connection.

The decision also touches on constitutional concerns, with plaintiffs arguing it represents an unconstitutional delegation of Congress's power to impose tariffs, a power traditionally held by the legislative branch.

This legal reasoning underscores a significant limitation on executive authority in trade policy, potentially setting a precedent for future cases.


Current Status and Implications

Following the ruling on May 28, 2025, the court provided a 10-day window for administrative orders to effectuate the injunction, meaning the White House must take steps to halt the blocked tariffs within this period. However, most of these tariffs are suspended, adding complexity to implementation.


The Trump administration responded swiftly, filing a notice of appeal on the same night, May 28, 2025. This appeal means the case could move to the federal circuit court, with the possibility of eventually reaching the Supreme Court. The immediate uncertainty stems from this appeal, as it could overturn or modify the injunction, leaving the outcome pending.


As reported in news outlets and X posts, market reactions indicate a positive response, with U.S. stock futures jumping following the ruling. Analysts suggest that removing an "immediate overhang" reduces fears of escalated trade wars. However, the long-term impact remains uncertain, especially given the administration's appeal and potential for narrower tariffs or alternative measures.


2025-05-29 15:47:11

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