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A US federal court blocked Trump’s “Liberation Day” tariffs from going into effect

A U.S. federal court on Wednesday
blocked Trump’s “Liberation Day” tariffs from
going into effect.

The United States Court of International Trade is a U.S. federal court that adjudicates civil actions arising out of U.S. customs and international trade.

  • ruled that Trump overstepped his
    authority by imposing across-the-board taxes on imports from
    nations that sell more to the United States than they buy

Info via Reuters.

This article was written by Eamonn Sheridan at www.forexlive.com.

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