Originally published at: The courts are unlikely to end the trade war - FreightWaves
Legal powerhouses section 122 and 338 offer upside Yesterday, a U.S. court struck down President Trump’s “Liberation Day” tariffs under the International Emergency Economic Powers Act (IEEPA), calling them unconstitutional and stopping 10% global tariffs and higher levies on China, Canada, and Mexico. The ruling, citing IEEPA’s misuse for trade imbalances, cut the U.S. tariff…