President Trump waited until April 2 to unveil his tariff policy, avoiding April Fool’s Day.
But the US Court of International Trade has left him looking foolish.
It turns out that “liberation day” was an exercise in overreach; the tariff scheme Trump unveiled to great fanfare in the Rose Garden in Washington is illegal.
The panel of judges have decided the president did not have the authority to use the emergency powers legislation he used as justification.
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