Federal court strikes down President Trump’s emergency tariffs: CEI analysis

On Friday, a federal court struck down President Trump’s emergency rationale for enacting worldwide tariffs. CEI senior economist Ryan Young applauds the court’s decision.

“This decision reaffirms the separation of powers, which is the core principle of American government. The next step is the Supreme Court, which will hopefully also rule that presidents may not unilaterally enact hundreds of billions of dollars of tax increases whenever they want. Congress has the power of the purse, and the president does not.”