
An American federal court has judged that President Donald Trump has exceeded his authority by imposing global prices, in a major blow to a key element in his economic policies.
The International Trade Court has judged that an emergency law invoked by the White House does not provide for unilateral authority to impose prices on almost all countries.
The Tribunal based in Manhattan said that the American Constitution gives the exclusive powers of the Congress to regulate trade with other nations and that this is not replaced by the president’s delivery to safeguard the economy.
In a few minutes after the decision, the Trump administration appealed.
The trial, submitted by the Liberty Justice Center non -partisan on behalf of five small businesses which imports goods from countries targeted by homework, was the first major legal context at the so -called “Liberation Day” prices.
The case is one of the seven judicial challenges of the administration’s trade policies, as well as the challenges of 13 American states and other small businesses.
The global financial markets were on a roller coaster since Trump announced the radical prices on April 2, because certain measures were reversed or reduced while the White House negotiated with foreign governments.
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