00:01A US federal court blocked most of Donald Trump's sweeping import tariffs from going
00:06into effect, ruling that the president had overstepped his authority with the across-the-board
00:11global levies.
00:13The decision deals a major blow to Trump's efforts to reshape the US's trading relationship
00:18with the world by forcing governments to the negotiating table through tough new tariffs.
00:24Trump's global trade war has roiled financial markets with a stop-start rollout of levies
00:29aimed at penalizing countries with large trade surpluses with the US.
00:34Trump argued that the resulting trade deficits and the threat posed by the influx of drugs
00:39constituted a national emergency that justified widespread tariffs.
00:44However, the three-judge Court of International Trade effectively called a ceasefire barring
00:50most of the restrictions that the president has announced.
00:54On April 2nd, Trump unveiled sweeping import duties on most trading partners at a baseline
00:591.10%, with steeper levies on dozens of economies, including China and the European Union.
01:06The ruling also quashes duties that Trump imposed on Canada, Mexico and China separately using
01:11emergency powers.
01:12Natasha Bust, FMT.
01:16Afghanistan and India demant Analysis.
01:212.
01:22A
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