Trump tariffs are illegal

According to FT:

The US Court of International Trade ruled in May, in a case originally brought by American businesses hurt by the tariffs, that Trump did not have the authority to use emergency economic powers legislation to impose worldwide levies without the explicit consent of Congress.

A majority on the US Court of Appeals for the Federal Circuit agreed, writing on Friday that they could “discern no clear congressional authorisation” for the Trump administration to use justifications such as the importation of fentanyl across US borders to impose broad tariffs on countries including Canada and China via a series of executive orders.

According to fool49:

The president has been crossing the line for too long. Testing the limits of executive power. His populist policies, including high tarrifs, anti immigration policies, anti clean energy policies etc. are going to create unsustainable economic growth, where the children will inherit a economy weighed down by debt and polluted environment, the poorer for them.

Next, the president is going to appeal to the Supreme Court. But it has been packed full of conservatives, who put their allegiance to conservatives like the president, above the rule of law. So I think the tarrifs will survive the legal challenge for many reasons, including fear of the president.

Reference: Financial Times

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