Laura Curtis

1 week ago | news.bloombergtax.com | Erik Larson |Josh Wingrove |Shawn Donnan |Laura Curtis

The US Court of International Trade has blocked the vast majority of President Donald Trump’s tariffs, dealing a blow to a key pillar of his economic agenda. A panel of three judges unanimously ruled on May 28 that the bulk of the new import taxes were issued illegally, concluding that Trump wrongfully invoked an emergency law to justify the levies. It’s a rare rebuke as the courts tend to defer to the president on trade matters.

1 week ago | bloomberg.com | Erik Larson |Josh Wingrove |Shawn Donnan |Laura Curtis

US President Donald Trump holds a poster detailing the reciprocal tariffs during an announcement in the White House Rose Garden in Washington, DC, on April 2, 2025. (Bloomberg) -- The US Court of International Trade ruled May 28 that the vast majority of President Donald Trump’s tariffs were issued illegally and ordered them blocked, which would deliver a blow to a key pillar of his economic agenda.

1 week ago | gazettextra.com | Shawn Donnan |Erik Larson |Laura Curtis

President Donald Trump's tariff strategy has been thrown into turmoil after a U.S. court issued a rare rebuke blocking many of the import taxes he has threatened and imposed on other countries. In a ruling issued late Wednesday, a three-judge panel for the U.S. Court of International Trade declared that the Trump administration had wrongly invoked a 1977 law in imposing his "Liberation Day" tariffs on dozens of countries and they were therefore illegal.

1 week ago | thederrick.com | Shawn Donnan |Erik Larson |Laura Curtis

President Donald Trump’s tariff strategy has been thrown into turmoil after a U.S. court issued a rare rebuke blocking many of the import taxes he has threatened and imposed on other countries. In a ruling issued late Wednesday, a three-judge panel for the U.S. Court of International Trade declared that the Trump administration had wrongly invoked a 1977 law in imposing his “Liberation Day” tariffs on dozens of countries and they were therefore illegal.

1 week ago | ba.bloombergadria.com | Shawn Donnan |Erik Larson |Laura Curtis

Strategija carina predsjednika Donalda Trumpa našla se u haosu nakon što je američki sud donio presudu kojom blokira mnoge uvozne carine koje je on uveo ili najavio drugim državama. U presudi donesenoj kasno u srijedu, tročlano vijeće Suda za međunarodnu trgovinu utvrdilo je da je administracija Donalda Trumpa neosnovano primijenila zakon iz 1977. godine, kada je uvela takozvane "carine za Dan oslobođenja" na desetine zemalja, ocijenivši ih kao nezakonite.