A federal appeals court struck down most of President Trump’s sweeping tariffs Friday, saying they have no legal basis. The decision could undo many of Trump’s tariffs from “Liberation Day” in April, as well as earlier tariffs against Canada, Mexico and China. In its ruling, the appeals court called levying tariffs “a core Congressional power,” but the White House had argued the president has authority to impose tariffs without Congress based on the 1977 International Emergency Economic Powers Act. The tariffs will remain in effect until October, giving ...
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