BREAKING: US Appeals Court Strikes Down Bulk of Trump Tariffs as Illegal

Judicial hammer drops on controversial trade policy.

Legal Reckoning

A federal appeals court just obliterated the legal foundation for Trump's signature tariff strategy—ruling the sweeping measures violated constitutional separation of powers. The decision effectively nullifies billions in trade levies imposed during his administration.

Market Implications

Traders are scrambling to reposition as tariff walls crumble. Supply chain stocks jumped on the news while protected domestic sectors tanked—classic case of markets pricing political theater until courts enforce actual rules.

Policy Fallout

The ruling doesn't just reverse existing tariffs—it sets a brutal precedent constraining future executive trade actions. No more unilateral economic warfare without congressional buy-in.

Wall Street's already spinning this as bullish for global trade... though let's be real—they'd call a meteor strike bullish if it wiped out regulatory paperwork.