Court Yeets Trump’s All-In Tariffs: Judges Say “Nice Try, Not Legal.
A three-judge panel at the U.S. Court of International Trade nuked President Trump’s “Liberation Day” mega-tariffs, ruling he can’t slap duties on every import just because trade deficits bug him. The court says the 1977 emergency-powers law (IEEPA) doesn’t give presidents unlimited tariff juice, so the levies are gone—pending appeal.