Trump's Economic Plan takes MAJOR BLOW... Or did it??? | Lichtman Live #140
May 30, 2025
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1:02:31Now PlayingTrump's Economic Plan takes MAJOR BLOW... Or did it??? | Lichtman Live #140
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as posted by the channel🚨 Trump's global tariffs just hit a legal rollercoaster. First, the U.S. Court of International Trade ruled that President Trump overstepped his authority by imposing sweeping import taxes under the International Emergency Economic Powers Act (IEEPA). The court declared the tariffs unconstitutional, saying only Congress can regulate trade—posing a major threat to one of Trump's signature economic tools.
But within 24 hours, a federal appeals court stepped in, temporarily suspending the lower court’s ruling. For now, Trump’s tariffs stay in place, but the broader legal battle over presidential power, trade policy, and the fate of “Liberation Day” tariffs is far from over. The case could eventually reach the Supreme Court—and reshape how U.S. trade wars are waged.
Stay tuned as we follow the fallout in real time.
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#trump #breakingnews #politicalnews #Tariffs #scotus
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