US-China Trade War Update: Federal Court Overturns Trump’s Tariffs – What It Means for Global Markets and Future Trade Policies
Key Points:A U.S. court blocked Trump’s Liberation Day tariffs, citing presidential overreach on trade powers.The injunction halts immediate tariff enforcement; an emergency stay is required to resume.Legal setback raises doubts about prior tariffs imposed under the International Emergency Powers Act.US-China Trade War: Court Blocks Trump’s Liberation Day TariffsThe US-China trade war took an unexpected turn on Wednesday, May 28, when the New York-based Court of International Trade delivered a h