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Trump 'Liberation Day' tariffs blocked by U.S. trade court
The so-called reciprocal tariffs imposed on "Liberation Day" and the trafficking-related tariffs have all been ruled an illegal overreach by the President and have been blocked by a U.S. trade court.
There has been a lot of volatility with Apple, big tech, and United States businesses since the April 2 " Liberation Day" tariffs imposed by President Trump. There are still some tariffs left in place by the ruling that didn't rely on the Emergency Economic Powers Act, like on automotive imports. The ruling could collapse the administration's entire, if poorly executed, plan to force companies to bring manufacturing to the United States.
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