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RE: LeoThread 2025-10-26 22-17

in LeoFinance22 hours ago

Part 14/17:

This ruling challenges the Trump administration’s broader use of emergency powers to justify tariffs on China, Canada, Mexico, and others, including sanctions and import restrictions. While the statute grants significant authority during declared emergencies, the court emphasized it does not grant unlimited power to tax or levy duties—casting doubt on the legality of many tariffs the former administration enacted unilaterally.