Court ruling casts doubt on Trump’s trade leverage

AWANI

A court ruling halting Trump's tariffs has thrown U.S. trade strategy into legal limbo, with experts warning that a lengthy appeals process could hurt the country's business environment.

Transcript

00:00A court ruling that haltered the Trump administration's tariffs has thrown a key element of the U.S.

00:06trade strategy into a legal limbo. Experts warn that the drawn-out appeals process

00:10will harm the country's business environment. On May 28, the U.S. Trade Court ruled that

00:16the Trump administration's wide-ranging tariffs imposed under the International Emergency

00:22Economic Powers Act are unlawful. The decision came after a number of lawsuits arguing Trump

00:28has overstepped his authority on imposing across-the-bord duties on imports. Although

00:35the U.S. and China have agreed to leave some tariffs for 90 days, but experts say that's

00:40likely too short for the courts to make a final decision. In last week's ruling, a panel of

00:46three judges halted fentanyl-related tariffs on imports from Canada, Mexico and China, as

00:52well as the worldwide retaliatory tariffs announced in April. The complaint lodged by

00:58a group of small businesses argued that the Act does not authorize the U.S. President to

01:04impose across-the-bord tariffs or authorize tariffs at all.

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