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.

Related Stories
NMPF’s Alan Bjerga discusses pending trade agreements with Indonesia and Ecuador and how they will benefit U.S. dairy producers and improve overall global competitiveness of U.S. ag products.
Debt pressures could reshape farm policy and credit.
India trade tensions may affect the U.S. export outlook.
Tariff revenues rarely flow directly back to farmers.
Weak crop margins and tariff uncertainty are delaying machinery purchases and signaling slower capital investment across U.S. agriculture.
Jeramy Stephens with National Land Realty explains how the Supreme Court’s tariff ruling and ongoing ‘America First’ trade policy raise new questions about U.S. farmland values and agricultural market stability.

LATEST STORIES BY THIS AUTHOR:

Tyson’s capacity cuts weaken local basis, tighten kill space, and heighten dependence on imports, signaling more volatility for producers.
2,400 turkeys were donated to Tracy Lawrence’s Turkey Fry after a refrigerated truck broke down, spoiling 650 turkeys
Former Market Day Report anchor Janet Adkison was inducted into the National Association of Farm Broadcasting Hall of Fame, recognizing over 20 years of service sharing stories that impact Rural America.
Jake Charleston, with Specialty Risk Insurance, joins us now for an industry update and advice for cattle producers as they consider options for managing the risks of a murky market.
The National Milk Producers Federation will launch a new advocacy campaign to secure a final vote, urging House lawmakers to approve the bill as soon as they return from the Thanksgiving recess.