Trump's trade adviser says tariffs aren't permanent after appeals court strikes down reciprocal duties
Briefly

A 7-4 federal appeals court ruling struck down most of President Trump’s reciprocal tariffs, affirming a Court of International Trade finding that the International Emergency Economic Powers Act (IEEPA) did not justify the measures. The court majority stated that both Trafficking and Reciprocal Tariffs are unbounded in scope, amount, and duration, apply to nearly all imported articles and many countries, impose ever-changing rates exceeding the U.S. tariff system, and lack duration limits. The administration has appealed and the ruling is stayed until mid-October. White House counselor Peter Navarro called the ruling “weaponized partisan injustice” and cited a dissent as strengthening the Supreme Court argument.
These tariffs apply to nearly all articles imported into the United States (and, in the case of the Reciprocal Tariffs, apply to almost all countries), impose high rates which are ever-changing and exceed those set out in the [U.S. tariff system], and are not limited in duration.
weaponized partisan injustice
Read at Fortune
[
|
]