The Sad Trombones on Playing on Trump’s Tariff Parade

You have probably seen that a three judge panel of the  U.S. Court of International Trade has ruled that Trump’s tariffs are unlawful. So done and done, subject to appeal of course. Trump imposed the tariffs under a 1977 law called the International Emergency Economic Powers Act. The three judge panel said he greatly exceeded his powers. That means that most of the tariffs which have dominated American and even global politics for the last couple months are out, subject to appeal. I need to dig a bit more into this but I believe some of the tariffs imposed on Canada and Mexico were under separate legal authorities in which the President has clearer power. So I don’t know precisely which is which. But the gist is that most of the tarriffs are out and all the “reciprocal ones”.