***Breaking*** U S Trade Court Blocks All TSF Tariffs

[JohnSJ]

52. Per Bloomberg TV: The WH has already said they will appeal it, and the WH has asked for a "stay".

No doubt the sociopath is also going to try to get congress to give him the power, try to use another tool, and he may go as far as ignore the ruling.


"“This ruling represents a setback for the administration’s tariff plans and increases uncertainty but might not change the final outcome for most major US trading partners,” chief US political economist Alec Phillips wrote. “For now, we expect the Trump administration will find other ways to impose tariffs.”

The alternatives include the use of Section 232 levies, referring to the charges on steel, aluminum and auto imports on national security grounds. If all the pending investigations result in 25% tariffs and are added to current levies under the section, that would add 7.6 percentage points alone, they said.

The trade court in Manhattan, siding with a group of small businesses and Democratic-led states, ruled on Wednesday that Trump wrongfully used an emergency law to impose tariffs on global trading partners. A panel of three judges gave Trump’s team 10 days to halt tariff collection in a decision that the White House has already appealed."


https://www.bloomberg.com/news/articles/2025-05-29/trump-can-offset-tariff-ruling-with-other-tools-goldman-says?srnd=homepage-americas