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International Trade Court Strikes Down Trump's Tariffs

By Lauren Berg ( May 29, 2025, 12:09 AM EDT) -- The International Emergency Economic Powers Act does not give the president the "unbounded authority" to impose tariffs on goods from nearly every country in the world, the U.S. Court of International Trade ruled Wednesday, handing a win to small businesses and states challenging some of President Donald Trump's steep tariffs....

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