For now, the trade court’s ruling “destroys the Trump administration’s rationale for using federal emergency powers to impose tariffs, which oversteps congressional authority and contravenes any ...

A US federal court has blocked President Donald Trump's sweeping tariffs, in a major blow to a key component of his economic ...

In a major legal blow to US president Donald Trump, a federal court has struck down his controversial 'liberation day' import tariffs, ruling that he exceeded the powers granted to him under federal ...

A US federal court’s ruling Wednesday against President Donald Trump’s authority to levy some of his most sweeping tariffs may have also dealt a serious blow to the president’s entire economic agenda.

The Court of International Trade on Wednesday ruled that Trump didn't have the authority to impose sweeping tariffs on virtually every nation, voiding the levies that have sparked a global trade war.

A federal court in New York handed President Donald Trump a big setback Wednesday, blocking his audacious plan to impose ...

Highlights  Court cites that Constitution grants Congress power to regulate international commerce Markets cheer ruling, dollar and global stocks rally Trump administration files notice of appeal, ...

The ruling, which the Trump administration is appealing, blocks most of the tariffs Trump has rolled out so far in his second ...

Financial markets have been on a hair trigger when it comes to tariffs, particularly U.S. stocks, which have fallen sharply in response to sky-high tariffs, or threats of tariffs, against major ...

The startling decision Wednesday from the United States Court of International Trade appeared to put at least a temporary pause on many of President Trump's wide-ranging tariffs.