https://www.taxtmi.com/news?id=71160 The President exceeded statutory authority by invoking IEEPA to impose broad import tariffs, nullifying core emergency based levies. Affected measures include the wide ranging "Liberation Day" tariffs, trafficking justified duties on Canada, Mexico and China, Brazil linked duties, and India related levies tied to Russian oil purchases. The decision removes the IEEPA route for economy wide tariffs but leaves intact sectoral and statute specific tools that continue to impose tariffs on selected industries and products. en-us Fri, 20 Feb 2026 22:46:03 +0530 Fri, 20 Feb 2026 22:46:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=71160 The President exceeded statutory authority by invoking IEEPA to impose broad import tariffs, nullifying core emergency based levies. Affected measures include the wide ranging "Liberation Day" tariffs, trafficking justified duties on Canada, Mexico and China, Brazil linked duties, and India related levies tied to Russian oil purchases. The decision removes the IEEPA route for economy wide tariffs but leaves intact sectoral and statute specific tools that continue to impose tariffs on selected industries and products. News - Fri, 20 Feb 2026 22:46:03 +0530 https://www.taxtmi.com/news?id=71160