US court blocks Trump's global "Liberation Day" tariffs

A US court has invalidated President Trump's "Liberation Day" tariffs on imports from approximately 90 nations, disrupting his trade policy implementation. This ruling stems from a challenge to the President's use of emergency powers. The court determined Trump exceeded his authority by imposing tariffs under emergency powers, specifically citing the International Emergency Economic Powers Act. The decision mandates the removal of these tariffs within ten days, impacting ongoing trade negotiations with numerous countries. The ruling, based on two lawsuits, does not affect tariffs imposed through other legislative processes. The Trump administration plans to appeal, and the future of global trade remains uncertain due to the legal challenges and potential for further action.