Washington, May 29 -- A US federal court has struck down a wide array of President Donald Trump's tariffs, deeming them illegal as they exceeded presidential authority under tenets of American law.
The U.S. Court of International Trade found that the 10% blanket tariffs announced on what Trump called 'Liberation Day' last month - targeting nearly every major U.S. trading partner - were not legally justified under the International Emergency Economic Powers Act of 1977 (IEEPA).
Additionally, the court also struck down the separate tariffs targeting China, Mexico, and Canada - including a 25% duty on steel and aluminium and a 20% tariff linked to Chinese fentanyl trade, reported CBS News.
The court concluded that the IEEPA does not grant...