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@ tzongocu
2025-05-29 09:31:54
📰 News Alert...
🔖 Title: US Trade Court Strikes Down Trump's Tariff Measures, Sparks Controversy
🗓️ Published: 2025-05-29T12:00:00-04:00
📄 Summary: A recent ruling by a US trade court has deemed that former President Donald Trump's tariff measures were imposed without proper authority under the International Emergency Economic Powers Act. This decision invalidates many tariffs on nations including Canada, Mexico, and China, resulting from consolidated lawsuits. The White House has promptly criticized the ruling and filed an appeal, though several other tariffs from the Trump era remain intact. This development adds a new layer of complexity to US trade relations and market dynamics.
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https://timesofindia.indiatimes.com/business/international-business/overstepped-his-authority-what-are-the-scathing-observations-made-by-us-trade-court-in-ruling-against-donald-trumps-tariffs/articleshow/121484402.cms
🗞️ Source: TOI Business Desk
💓 #TradePolicy #TariffDebate #EconomicImpact