Court of International Trade in Podcasts
governmentThe Court of International Trade, a U.S. federal court established in 1890, ruled that Trump's tariffs are illegal.
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Now, the most surprising part about this story, I'd never even heard of the Court of International Trade. How many courts are there? How many courts have some kind of jurisdiction over everything Trump does with an executive order? But I guess the Supreme Court will hear this next. But allegedly, this court of international trade seems to have some kind of power over the process.
Get this, yetis. The Court of International Trade was set up by Congress back in 1890. Like doctors, judges specialize in one particular field. And the judges on this particular court that you never heard of specialize in trade and tariff law. And those judges ruled late Wednesday that Trump's country-specific tariffs are illegal.