Trade Court has blocked most of President Trump's trade tariffs.

A three-judge panel on the International Court of Trade yesterday ruled that the President

did not have the authority to impose the sweeping tariffs.

The judges found that Trump's use of the decades-old International Emergency Economic Powers Act did not, quote,

delegate an unbounded tariff authority to the president and that Trump's tariffs lacked,

quote, any identifiable limits. Lawyers for the Trump administration have already said that they will appeal.

And we are so pleased not just on behalf of, you know, our states, but just all states and all

consumers and especially small businesses that were on the verge of being hammered by these

tariffs, which really are taxes and tax increases.

So we're very happy about this decision, but you're correct.

The Trump administration has already indicated that they're going to try to get a stay on the Court of International Trade's decision,

which was very sweeping and put a halt within 10 days to all of these tariffs, essentially.

We'll see what the court does.

The court really issued a very strong opinion.

They essentially made a decision on the merits of the case and what is essentially a final

decision by them, even though the states, we were asking for a preliminary injunction. So they actually

went a little further than we were even asking for. So they're very strong in their decision.

We'll see what they say when the Trump administration asked for a stay.

Knight, have you spoken to the president?

And ultimately, what's his reaction to what we heard?

Haven't spoken to the president yet, but I've spoken to the people who have spoken to the president.

Look, we're in a situation now.

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