A U.S. federal appeals court ruled today that many of U.S President Donald Trump's tariffs are illegal but allowed for the levies to remain in place as the case likely makes its way to the Supreme Court.
The United States Court of Appeals for the Federal Circuit found that the "Liberation Day" tariffs and his fentanyl-related duties exceeded the powers of the national security statute he used to impose the levies.
Trump used the International Economic Emergency Powers Act of 1977 to hit nearly every country with tariffs. The act, usually referred to by the acronym IEEPA, is a national security statute that gives the U.S. president authority to control economic transactions after declaring an emergency.
IEEPA doesn't mention the word "tariff" and the U.S. Constitution gives power over ta