Editor's PiCK

'Reciprocal Tariffs Halted' by US Court...Trump Appeals Immediately

JOON HYOUNG LEE

Summary

  • Reuters reported that the Trump administration immediately appealed the decision of the Court of International Trade to block the implementation of reciprocal tariffs.
  • The court stated that the power to tax lies with Congress, not the President, and that the International Emergency Economic Powers Act does not guarantee unlimited authority.
  • The decision raises concerns about the abuse of the President's emergency powers and challenges President Trump's implementation of tariffs based on the International Emergency Economic Powers Act.

The Trump administration immediately appealed a US federal court's decision to block the implementation of reciprocal tariffs.

According to Reuters on the 28th (local time), the Trump administration filed a notice of appeal just minutes after the US Court of International Trade (CIT) issued a decision to halt the reciprocal tariffs. A notice of appeal is a document challenging the court's ruling.

The US federal court decided to block the reciprocal tariffs announced by President Trump on the 2nd of last month, 'Liberation Day.' The court ruled that the US Constitution grants the power to tax to Congress, not the President, and that this cannot be changed even by the President's emergency powers to protect the national economy. The court stated, "The court does not interpret the International Emergency Economic Powers Act as granting unlimited authority to the government," and called it an "unprecedented power grab."

The International Emergency Economic Powers Act, enacted in 1977, grants the President the authority to take various actions without congressional approval in response to 'unusual and extraordinary threats' related to national security, foreign affairs, or the economy when a national emergency is declared. This provision serves as a basis for the President to take measures such as export and import controls and asset freezes, not only in wartime but also in peacetime. President Trump also implemented tariff measures based on the International Emergency Economic Powers Act.

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JOON HYOUNG LEE

gilson@bloomingbit.ioCrypto Journalist based in Seoul
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