A federal appeals court on Friday ruled President Donald Trump's sweeping "Liberation Day" tariffs were unlawfully implemented.

A split U.S. Court of Appeals for the Federal Circuit ruled 7-4 that the International Emergency Economic Powers Act, which Trump cited to issue his so-called "reciprocal tariffs" and a trio of tariffs aimed at Canada, Mexico, and China, does not grant the president the power to levy tariffs and ruled those tariffs unlawful.

"We conclude Congress, in enacting IEEPA, did not give the President wide-ranging authority to impose tariffs of the nature of the Trafficking and Reciprocal Tariffs simply by the use of the term 'regulate…importation,'” the majority opinion said.

The appeals court upheld the U.S. Court of International Trade's ruling that the tarif

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