Mexico: The Judicial Elections are Here

Trade Policy in Flux: FAQs about the Court’s Ruling

L ast night a trade court struck down the reciprocal tariffs Trump implemented on Liberation Day. We provided our quick take and recap of the decision in a piece HERE . Below is a quick rundown of many of the questions we have received from clients and colleagues.

Court rejects Trump’s tariffs, but path still murky

The US Court of International Trade ruled that President Trump did not have the authority to levy reciprocal tariffs using emergency powers .  The Trump Administration has vowed to challenge the ruling, setting up a case in front of the Supreme Court and in the meantime the Court gave executive branch up to 10 days to complete the bureaucratic process of halting them. Trump invoked the International Emergency Economic Powers Act (IEEPA) when he announced the Liberation Day tariffs, though tariffs are not listed as a tool under IEEPA and have never previously been utilized under IEEPA. Trump...