Trump suffers as U.S. court blocks tariffs

• US federal court blocks most of President Trump’s tariffs, potentially derails his trade strategy.
• The ruling, ruled by the Court of International Trade, deems Trump overstepped his authority and barred most duties since his Januaryinauguration.
• The International Emergency Economic Powers Act of 1977 (IEEPA) delegates such powers to the President, but the court does not confer such unbounded authority.
• The ruling gives the White House 10 days to complete the bureaucratic process of halting the tariffs.