Below is my column in the New York Post on the decision yesterday finding that the Trump tariffs are invalid. What happens now will be, if nothing else, interesting. Dusk has come to Liberation Day. Trump has options, but the pressure will now be greater on Congress as bilateral trade agreements are moving forward.
Here is the column:
On Wednesday, President Donald Trump’s “Liberation Day” collided with deliberation day in the courts, and it did not go well. The Court of International Trade ruled that the President lacks the authority to impose his massive tariffs worldwide.
But all is not lost for Trump’s tariffs.
The three-judge panel held that the International Emergency Economic Powers Act of 1977 (IEEPA) does not give the president “such unbounded authority.”
While some have criticized the court as a “judicial coup,” it is a well-reasoned and good-faith decision from judges appointed by Presidents Ronald Reagan, Barack Obama, and Trump.
While the court, in my view, should have issued a stay pending appeal, a wide array of experts have questioned the authority under the