We all knew the system would strike back. There are trillions at stake.
A federal trade court based out of New York has just ruled in a three-judge decision that President Trump does not have the authority within the International Emergency Economic Powers Act (IEEPA) to initiate emergency trade tariffs.
“The Worldwide and Retaliatory Tariff Orders exceed any authority granted to the President by IEEPA to regulate importation by means of tariffs,” the court wrote. The court also ordered that the tariffs that the Trump administration has collected so far be “vacated.”
Court rules every cent must be refunded.
The Conservative Teehouse
A federal trade court based out of New York has just ruled in a three-judge decision that President Trump does not have the authority within the International Emergency Economic Powers Act (IEEPA) to initiate emergency trade tariffs.
“The Worldwide and Retaliatory Tariff Orders exceed any authority granted to the President by IEEPA to regulate importation by means of tariffs,” the court wrote. The court also ordered that the tariffs that the Trump administration has collected so far be “vacated.”
Court rules every cent must be refunded.
24hrs after reports claimed over $250 billion in tariff revenues : https://t.co/XsQ0uPjpif
— Levoff Tostig (@RACofRacmc) May 29, 2025
The Conservative Teehouse
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