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'Very dandy plan': Why US court nixed Trump tariffs

29 May 2025
in India
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'Very dandy plan': Why US court nixed Trump tariffs
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A US federal trade court has ruled against President Trump’s tariffs, stating he exceeded his authority under the International Emergency Economic Powers Act (IEEPA) by imposing broad import taxes. The court, responding to a challenge from 12 Democrat-run states and businesses affected by the tariffs, ordered their removal and indicated the administration’s arguments lacked legal grounding, particularly the claim that tariffs were necessary to manage the India-Pakistan conflict. Despite the ruling prompting a stock market surge, the White House expressed defiance, arguing that judges should not decide on national emergencies.

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