A federal court blocked President Donald Trump’s plan to impose tariffs on imports from almost every country in the world. Yahoo says a three-judge panel of the U.S. Court of International Trade ruled that Trump overstepped his authority when he invoked the 1977 International Emergency Economic Powers Act to declare a national emergency and justify the sweeping tariffs. The tariffs overturned decades of U.S. trade policy, disrupted global commerce, destabilized financial markets, and heightened the risk of rising prices and a domestic and international recession. The court’s decision blocks the tariffs Trump put in place during April on almost all of America’s trading partners and levies he imposed before that on China, Mexico, and Canada. The Court of International Trade has jurisdiction over civil cases involving trade. Its decisions can be appealed to the Federal Circuit Court of Appeals, where the legal challenges to the tariffs will likely end up.
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