President Donald Trump defended his tariff policy in an interview with NBC News on Sunday, saying that he would reach out to CEOs like Jeff Bezos if he has disagreements over their response to tariffs or other issues. (NBC News)
PRESIDENT DONALD TRUMP'S FIRST 100 DAYS: COMPANIES THAT WILL INVEST $1B OR MORE IN THE US
Trump announced his "Liberation Day" reciprocal tariff plan on April 2, imposing a 10% baseline tariff on all countries.
In certain countries, hostile negotiations led to even higher levies, with taxes on Chinese imports reaching 145%.
Secretary of Treasury Scott Bessent is seen before a meeting with Chinese officials on tariffs in Geneva on May 10, 2025. (FABRICE COFFRINI/AFP via Getty Images)
GROCERY GIANT WARNS ITS SUPPLIERS THAT SUPERMARKET WON'T BE ACCEPTING TARIFF-RELATED PRICE HIKES
On Wednesday, the U.S. Court of International Trade ruled the administration overstepped its authority over tariffs under IEEPA.
"The Constitution assigns Congress the exclusive powers to ‘lay and collect Taxes, Duties, Imposts and Excises,’ and to ‘regulate Commerce with foreign Nations,’" the court wrote in its opinion. "The question in the two cases before the court is whether the International Emergency Economic Powers Act of 1977 ('IEEPA') delegates these powers to the President in the form of authority to impose unlimited tariffs on goods from nearly every country in the world."
Three judges, appointed by former Presidents Ronald Reagan, Barack Obama, and Trump, found IEEPA did not "confer such unbounded authority."
President Donald Trump holds a chart as he delivers remarks on reciprocal tariffs during an event in the Rose Garden entitled Make America Wealthy Again at the White House in Washington, D.C., on April 2, 2025. Trump geared up to unveil sweeping new tariffs in a move that threatens to ignite a devastating global trade war. (BRENDAN SMIALOWSKI/AFP via Getty Images)
The Trump administration appealed the decision to the U.S. Supreme Court, but it is unclear what goods will be subject to tariffs in the meantime, Reuters reported.
"Foreign countries’ nonreciprocal treatment of the United States has fueled America’s historic and persistent trade deficits," White House spokesperson Kush Desai told FOX Business after the decision. "These deficits have created a national emergency that has decimated American communities, left our workers behind, and weakened our defense industrial base — facts that the court did not dispute."
CLICK HERE TO GET THE FOX NEWS APP
"It is not for unelected judges to decide how to properly address a national emergency," Desai added. "President Trump pledged to put America First, and the Administration is committed to using every lever of executive power to address this crisis and restore American Greatness."
FOX Business' Greg Wehner and Bill Mears, and Reuters contributed to this report.
Alexandra Koch is a breaking news writer for Fox News Digital. Prior to joining Fox News, Alexandra covered breaking news, crime, religion, and the military in the southeast.
https://www.foxnews.com/politics/federal-judge-blocks-5-trump-tariff-executive-orders