President Donald Trump's tariffs are suddenly on shaky legal ground. A federal appeals court on Friday ruled that Trump overreached his authority by raising taxes on imports. That leaves open the question of what comes next.

The court's ruling "represents a major setback" for the president, said CBS News . Congress has the constitutional power to impose tariffs , but Trump said a 1977 law, the International Emergency Economic Powers Act (IEEPA), allowed him to take action by declaring America's trade deficits a "national emergency." The 11-member court panel said it was "unlikely" that Congress intended the law to "grant the President unlimited authority to impose tariffs." The ruling is a "serious threat to one of the president's most high-profile economic policies," said Nigel G

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