A federal appeals court has dealt a stunning blow to President Donald Trump’s sweeping tariff agenda, upholding an earlier ruling, that found most of the president’s global levies were illegally imposed.
The unsigned opinion released on Friday by the full U.S. Court of Appeals for the Federal Circuit states that the decades-old International Emergency Economic Powers Act — the law Trump has repeatedly invoked when imposing sweeping import taxes on goods from most of the world — grants him “significant authority” to “undertake a number of actions in response to a declared national emergency.
