A U.S. appellate court has ruled that the majority of tariffs imposed by President Donald Trump on various countries are illegal, stating that only Congress has the authority to impose such measures. The court’s decision, citing emergency economic powers, will take effect after October 14, when the Supreme Court will review the case. The ruling raises questions about existing trade agreements and highlights potential political and economic consequences, with Trump criticizing the decision as threatening the nation’s stability.
A U.S. appellate court has ruled that the majority of the additional tariffs imposed by President Donald Trump on various countries are illegal.
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