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.