Will new US tariffs be struck down in court? It could go either way, but the administration has options.

Tony Nash, founder and CEO of Complete Intelligence, expressed cautious concern about the potential removal of the “Liberation Day” tariffs, implemented by President Trump on April 2, 2025, under the International Emergency Economic Powers Act (IEEPA). While he doesn’t consider their immediate repeal likely, Nash highlighted that such a move is not inconceivable, given the tariffs’ role in triggering a global market crash and facing legal challenges, including a stay by the U.S. Court of Appeals.