Thursday, May 29

Trump's reciprocal tariffs have been blocked by the United States Court of International Trade, with the panel of judges ruling his tariffs to be overstepping his powers.

Trump initially began imposing tariffs on Canada and Mexico using the International Emergency Economic Powers Act of 1977, which allows a president to impose sanctions on other countries during times of conflict or war.

Then, last month, he used the act to begin tariffs on dozens of additional countries, which he labeled reciprocal tariffs. These reciprocal tariffs began at around 10% and went all the way up to 50%, with Trump aiming to get manufacturing back into the United States.

However, those efforts have been seriously hindered after a decision made by the US Court of International Trade yesterday. The future of Trump's tariffs was decided by a panel of three bipartisan judges, who ruled that the president had overstepped his boundaries.

They stated that most of the tariffs he has imposed were illegal, but the Trump administration has already appealed the decision and will be working to reverse it in the coming days.

Nevertheless, if the appeal is not granted, the judges have given them 10 days to put an end to the illegal tariffs, which will bring fury to the incumbent president but relief to numerous countries around the world.

Fact of the Day (BBC): You don't like the sound of your own voice because of the bones in your head. This may be because the bones in our head make our voice sound deeper.

Quote of the Day (Gracious Quotes): Do not pursue what should be, but understand what is.

(Jiddu Krishnamurti)

Word of the Day (Merriam-Webster): Fiasco (noun, fee-ASK-oh) - A fiasco is a complete failure or disaster.

In a Sentence: The entire fiasco could have been avoided if they'd simply followed the instructions.