According to U.S. media reports, the federal appellate court ruled on Friday that President Donald Trump did not have the legal right to impose comprehensive tariffs, but temporarily upheld his efforts to build a protectionist wall around the U.S. economy.
The U.S. Court of Appeals for the Federal Circuit ruled that the law does not allow Trump to declare a national emergency and impose import taxes on almost all countries on Earth, which largely upheld a May ruling by a specialized federal trade court in New York.
However, the court rejected part of the ruling, immediately lifting the tariffs and giving his government time to appeal to the Supreme Court.
This decision complicates Trump's ambition to completely undermine the U.S. trade policy over several decades on his own. Trump's tariffs - and his unstable way of implementing them - have shaken global markets, alienated America's trade partners and allies, and raised concerns about rising prices and slowing economic growth.
"If allowed to continue, this decision will truly destroy the United States," the president said on his social media platform.
Original: www.toutiao.com/article/1841834958387200/
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