A federal court has struck down key Trump-era tariffs, ruling they exceeded presidential emergency powers—posing a major blow to Trump's trade policy

What is the standing of this court, and what was the rationale for its order? How has the White House reacted?

The U.S. Court of International Trade said the president had overstepped his authority in imposing his “reciprocal” tariffs globally, as well as levies on Canada and Mexico.

A federal court strikes down Trump’s tariffs … Nvidia knocks it out of the park again … the TACO trade is here… specific AI stocks to buy now… As I write Thursday near noon, the markets are digesting two big headlines from yesterday afternoon.

A federal appeals court is allowing President Donald Trump to continue collecting tariffs under an emergency powers law for now, as his administration appeals an order striking down the bulk of

Quite simply, the court held that the President exceeded his authority under the IEEPA in imposing tariffs, and that the “Worldwide and Retaliatory tariffs are thus ultra vires and contrary to law.”

In a ruling that may reshape India–US trade dynamics, the US Court of International Trade has clipped the wings of President Donald Trump, declaring that several of his tariff decisions under the International Emergency Economic Powers Act (IEEPA) were

WASHINGTON (AP) — A federal appeals court on Thursday allowed President Donald Trump to continue collecting tariffs under an emergency powers law for now, as his administration appeals an order striking down the bulk of his signature set of economic policies.