Silver Rises Over 120% YTD 
A federal court has blocked President Trump from imposing broad tariffs on imports using emergency powers, dealing a major blow to his economic agenda.
The three-judge panel ruled that Trump’s “Liberation Day” tariffs exceeded his presidential authority.
While Trump argued these tariffs would bring manufacturing jobs back to America and reduce trade deficits, the court found he needs Congressional approval for such sweeping measures.
The White House plans to appeal, calling trade deficits a national emergency.
Some limited tariff options remain available to Trump, including 15% taxes for 150 days on certain countries and existing national security-based tariffs on autos, steel, and aluminum.
