US Supreme Court strikes down President Trump’s trade tariffs

WASHINGTON: The US Supreme Court has struck down President Donald Trump’s global trade tariffs, ruling that he exceeded his authority when imposing them, severely impacting international trade.

According to reports, the court stated that the International Emergency Economic Powers Act does not grant the President the power to impose such tariffs.

The decision is being seen as a major judicial setback for Trump’s economic agenda, as tariffs were considered a key tool of his trade policy.

Experts warn that the ruling could also affect trade agreements made earlier this year, establishing new limits on what policies the President can implement without Congressional approval.

It is noteworthy that Trump had imposed tariffs on multiple countries, including Pakistan. Last month, he had warned that a court ruling against these measures could put the US at a disadvantage.