A federal appeals court ruled Friday that President Donald Trump unlawfully leaned on emergency powers to impose sweeping tariffs earlier this year.
“Because we agree that (the International Emergency Economic Powers Act’s) grant of presidential authority to ‘regulate’ imports does not authorize the tariffs imposed by the Executive Orders, we affirm,” the Federal Circuit said in an unsigned opinion upholding a lower-court ruling against Trump’s tariffs.
The tariffs remain in place until October, giving the administration time to appeal.
Perhaps Canada, whose economy is in trouble, is waiting for the ruling to eliminate tariffs, but they’d be better off working out a deal with Trump and waiting for a decision. We don’t want to see anything hurtful to happen to Canada. The tariffs are much more damaging to them than the US.
Bank of Canada’s Tiff Macklem just warned:
Prolonged U.S. tariffs could trigger a downward spiral for economy.
Defaults rise
Lending dries up
Financial stability at riskThis isn’t just a “trade dispute” — it’s a ticking time bomb
And yes… it’s called a downward pic.twitter.com/BiiAVfkaU4
— Marc Nixon (@MarcNixon24) May 8, 2025
Scott Bessent wants to use the money we take in to pay off the debt.
We've brought in nearly $100B in tariff revenue so far and are on track for $300B this year. That's almost 1% of GDP. June delivered a budget surplus with higher revenue and lower spending.
This is how we clean up the fiscal mess we inherited. pic.twitter.com/JVfaj1ZAwU
— Treasury Secretary Scott Bessent (@SecScottBessent) July 22, 2025
Ignore this judge
The judiciary is at war with our nation. They do NOT have authority to do what they are doing. They just waste our money and time. I’d like to know how much each of these Leftist sycophants are being paid by dark money for these ‘rulings”.
I could be wrong but judges, dozens of them, who oppose and block with now over 200 injunctions almost everything the President does, is something new. I am no expert, but I have been following US politics closely for about 25 years and I have never seen this before. Occasionally a judge will do that, but dozens of them and… Read more »
Because the globalists are loosing their grip on power. That’s all it’s about. That’s all its ever been about.
Bingo.
President Autopen and Schumer set this up in the last days before President Trump took office with wholesale appointments and confirming federal judges on the basis of their biased leftist political views. There is no blind justice among most Obama & Biden appointed judges, only political activism.