The U.S. Court of International Trade has ruled that President Trump's sweeping tariffs, levied on nations including China, were unlawful, in a move that could significantly reshape the ongoing trade war and impact the price of technology. The court declared that all of President Trump's measures are "invalid as contrary to law" because the emergency law used to pass them does not give the President unilateral authority to impose such sweeping measures.
In a ruling dated May 28, three judges concluded that the International Emergency Economic Powers Act of 1977 "does not authorize any of the Worldwide, Retaliatory, or Trafficking Tariff Orders" considered by the court in the case. Specifically, they say the Worldwide and Retaliatory Tariff orders imposed by Washington "exceed any authority granted to the President by the IEEPA to regulate importation by means of tariffs."
