President Trump's Reduced Tariff/Taxes Are Still Unconstitutional
Welcome back to Trade Watch! It’s April 2025, and President Trump’s aggressive tariff spree just hit the brakes—sort of. After triggering the worst S&P stock market kickoff since George W. Bush, Trump slashed tariffs for most nations to 10 percent for 90 days, but doubled down on China, Mexico, and metals. Why does this matter? Because under the Constitution, only Congress can tax and regulate trade—not the President. Trump claims emergency powers under the NEA and IEEPA, but courts have recently ruled that presidents can't act alone on major economic questions. A Chinese importer just sued in Florida, demanding an injunction. Here’s the deeper issue: if courts let this slide, it redefines global trade governance—shifting tariff-setting from democratic legislation to executive fiat. That’s not just a domestic crisis—it could destabilize WTO norms and trigger retaliatory tariffs worldwide. Stay tuned—trade law history is being written.https://reason.com/?post_type=volokh-post&p=8325173
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