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US trade court restricts Donald Trump’s plan for wide-ranging worldwide tariffs, asserting overstepping of authority | US News

A trade court in the US has blocked Donald Trump from implementing extensive global tariffs on imports.

A panel of three judges ruled that the US president overstepped his authority when he announced additional taxes on imports from abroad.

Typically, tariffs require approval from Congress – but Trump argued he had the power to act because of a national emergency.

In April, on “Liberation Day”, controversy arose when Trump proposed a 10% tariff on UK imports, leading to sharp declines in the stock market.

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Source: https://news.sky.com/story/us-trade-court-blocks-donald-trump-from-imposing-sweeping-global-tariffs-claiming-he-exceeded-his-authority-13376237

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