US Court Rules Many Of Trump's Global Tariffs Are Illegal

The 7-4 ruling by the US Court of Appeals for the Federal Circuit affirmed a lower court's finding that Trump had exceeded his authority in tapping emergency economic powers to impose wide-ranging duties.NDTV reported.

But the judges allowed the tariffs to stay in place through mid-October.

The decision marks a blow to the president, who has wielded duties as a wide-ranging economic policy tool.

It could also cast doubt over deals Trump has struck with major trading partners such as the European Union, and raised the question of what would happen to the billions of dollars collected by the United States since the tariffs were put in place if the conservative-majority Supreme Court does not back him.

Trump on Friday lashed out at the ruling, saying on his Truth Social platform that the appeals court "incorrectly said that our Tariffs should be removed, but they know the United States of America will win in the end."

 added that he would fight back "with the help of the United States Supreme Court."

Since returning to the presidency in January, Trump has invoked the International Emergency Economic Powers Act (IEEPA) to impose "reciprocal" tariffs on almost all US trading partners, with a 10-percent baseline level and higher rates for dozens of economies.

He has invoked similar authorities to slap separate tariffs hitting Mexico, Canada and China over the flow of deadly drugs into the United States.