On May 28, 2025, the US Court of International Trade ruled that former President Donald Trump’s “Liberation Day” tariffs — which imposed a 10% baseline duty on most imports and country-specific tariffs on goods from 57 countries, including 26% on India — were illegal under the International Emergency Economic Powers Act, as trade deficits do not meet the “unusual and extraordinary threat” threshold required to invoke such emergency powers.This ruling blocks a major element of Trump’s trade strategy, though Section 232 tariffs on steel and automotive imports remain unaffected.
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