Trade on Trial: President Trump’s Tariffs Face the Courts – and the Clock

What just happened? On 28 May, the US Court of International Trade (CIT) issued a permanent injunction blocking President Trump’s recently imposed “Liberation Day” tariffs – a 10% across-the-board levy on all imported goods and higher “reciprocal” rates for specific trading partners. The court ruled that the administration had exceeded its authority under the International Emergency Economic Powers…