U.S. court is striking down major parts of President Trump’s tariff plan

The White House says it will appeal a federal court ruling against President Trump’s blanket tariffs. The court said he overstepped his emergency authority, putting major parts of his trade policy in jeopardy.

The U.S. Court of International Trade says the 10 percent blanket tariffs on all countries fell outside emergency requirements. They argued the Emergency Economic Powers Act is only allowed when there is an extraordinary threat to U.S. national security. The White House argues that the large trade imbalance is a national security threat.

The panel did allow tariffs in place under the Trade Expansion Act of 1962, which includes the 25 percent tax on imported cars and parts.

LATEST STORIES BY THIS AUTHOR:

Roger McEowen with the Washburn School of Law reviews key highlights from the House Agriculture Committee’s latest farm bill proposal.
Ethanol output is improving, but weak domestic demand and export headwinds temper optimism about corn demand. Renewable Fuels Association President & CEO Geoff Cooper discusses the latest developments on Federal approval of year-round E15.
The National Farm Machinery Show is underway in Louisville, Kentucky, bringing together the latest in agricultural equipment, technology, and innovation. Here are some highlights from the trade show floor so far!
Ag Committee Chairman Rep. Glenn “GT” Thompson has referred to the proposal as “Farm Bill 2.0.”