![]()
The U.S. Court of International Trade struck down President Trump’s use of emergency executive powers to impose tariffs on nearly all imports.
This comes as the President was asked about the acronym TACO in terms of tariffs. It means: Trump Always Chickens Out. It pissed him off.
“You ask a nasty question like that. It’s called negotiation. You set a number… if I set a number at a ridiculously high, I go down a little bit, they want me to hold that number. 145% tariff.” Trump said that “we were doing no business because of the tariff, because it was so high. I knew that. But don’t ever say what you said. That’s a nasty question.”
Well, he isn’t chickening out, he’s being blocked by a court that ruled that he cannot use the International Emergency Economic Powers Act (IEEPA) to implement tariffs.
The federal government will most likely appeal the ruling and ask for a stay to keep the tariffs in place. If the ruling stands, it would curtail executive power significantly, requiring a clearer Congressional mandate before future tariffs can be imposed under emergency declarations.