Connect with us

News

US court rules that most of Trump’s tariffs are illegal

Published

on

A US federal appeals court has struck down most of the tariffs imposed by President Donald Trump, ruling they were illegal and beyond his presidential powers.

The decision, delivered in a 7-4 vote by the US Court of Appeals for the Federal Circuit, rejected Trump’s claim that the tariffs were justified under the International Emergency Economic Powers Act (IEEPA).

The judges ruled that the IEEPA does not grant the president authority to impose tariffs, describing the levies as “invalid as contrary to law.” They emphasised that setting tariffs remains a core power of Congress, noting that the 1977 law was not intended to give presidents unlimited authority over trade policy.

The ruling affects Trump’s “reciprocal” tariffs, which applied broadly to countries worldwide, as well as tariffs placed on China, Mexico and Canada. It does not affect levies introduced under other authorities, such as those on steel and aluminium.

The decision followed lawsuits from small businesses and US states, who challenged the tariffs after Trump’s 2024 executive orders imposed a baseline 10% tariff on nearly all countries and additional reciprocal tariffs. The New York-based Court of International Trade had previously ruled the tariffs unlawful, but that ruling was stayed pending appeal.

Trump criticised the ruling on his Truth Social platform, calling the court “highly partisan” and warning that removing the tariffs would “literally destroy the United States of America.” He argued the tariffs were essential for economic strength and national security.

Lawyers for the administration had warned that overturning the tariffs could trigger a financial collapse similar to the 1929 stock market crash, arguing the levies were critical to protecting US security and foreign policy interests.

The ruling, which takes effect on 14 October unless overturned, is expected to be appealed to the US Supreme Court. The case could become a major test of presidential powers, as the top court has increasingly struck down sweeping executive actions not explicitly authorised by Congress. With six of its nine justices appointed by Republicans, including three by Trump himself, the Supreme Court’s eventual stance could reshape the limits of presidential authority on trade.

FOLLOW US ON:

FACEBOOK

TWITTER

PINTEREST

TIKTOK

YOUTUBE

LINKEDIN

TUMBLR

INSTAGRAM

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

Yahoo boys are geniuses who need redirection, not condemnation – Peter Obi

Published

on

Labour Party’s presidential candidate during the 2023 general election, Peter Obi, has said that most Yahoo boys are geniuses who need redirection, not condemnation.

Obi made these remarks in Onitsha, during a youth-led convention, which he attended as a guest speaker.

“I told the youths that some of our so-called Yahoo boys are geniuses who need redirection, not condemnation. Their creativity and courage, if properly guided, can drive innovation and national development. Our challenge is to channel their energy from deception to productive enterprise,” Obi said in a statement released

He cautioned that Nigeria cannot attain greatness while celebrating corruption and rewarding dishonesty. He compared the current vices to those that which is currently affecting the political class.

He said while money is necessary, it represents only a small part of true wealth, which, he said, rests on integrity, character, and purpose.

“Real wealth uplifts both the individual and society, promotes education, reduces poverty, and creates opportunities for others to live dignified lives,” Obi said.

The former Anambra State governor revealed that he had cut short his travels because he felt the urge to encourage many of the youths upon his arrival from the United Kingdom.

Obi faults leadership following IMF’s omission of Nigeria from Africa’s top growth list

“I went straight to Onitsha and was glad to be part of the event because it addressed a vice that has eroded our values, the greed for material possessions,” Obi said.

He condemned violence that comes in the form of religious attacks, saying that, whether Christians or Muslims, or traditional worshippers, fairness and merit are what Nigerians need.

“Finally, I reminded everyone that no religion or tribe buys bread cheaper than another. Nigeria is blessed with abundant resources; what we lack is the will to do what is right. Once we embrace justice, fairness, and merit, our nation’s greatness will naturally unfold” he concluded.

FOLLOW US ON:

FACEBOOK

TWITTER

PINTEREST

TIKTOK

YOUTUBE

LINKEDIN

TUMBLR

INSTAGRAM

Continue Reading

News

National Assembly Committee Approves 1 New State For Each Geo-political Zone

Published

on

The Joint Committee of the Senate and House of Representatives on Constitution Review has approved the creation of six additional states.

This was one of the key resolutions reached at the end of the two-day retreat, co-chaired by the Deputy President of the Senate, Senator Barau I. Jibrin, and the Deputy Speaker of the House of Representatives, Rt—Hon. Benjamin Kalu, in Lagos at the weekend.

The joint committee considered a total of 69 bills, 55 state creation requests, two boundary adjustments, and 278 local government creation requests during the retreat.

During the consideration of the 55 requests for state creation on Saturday, the joint committee unanimously resolved that six additional states be created in the country.

If it passes, it would increase the number of states in the country from 36 to 42.

The resolution reads as follows: creation of one additional state in each of the six geopolitical zones: North-West, North-East, North-Central, South-West, South-South, and South-East.

With the approval, South-South will now have seven states, South-West will have seven, South-East will have six, North-West will have eight, North-East will have seven, and North-Central will have seven.

The resolution will formed part of the report of the joint committee that is expected to be presented to both chambers of the National Assembly in the first week of November.

The lawmakers also resolved to create a subcommittee to identify areas from which the six additional states will be carved.

The Chief Whip of the State, Senator Mohammed Tahir Monguno, chairs the Senate Committee to identify the areas.

A member of the subcommittee from North assured that the committee will review all 55 requests submitted to the National Assembly to develop the six new state proposals.

“We will meticulously review the 55 requests for state creation to come up with the areas where the six new states will be carved from. We will be fair and just to all the promoters of state creation,” he said.

FOLLOW US ON:

FACEBOOK

TWITTER

PINTEREST

TIKTOK

YOUTUBE

LINKEDIN

TUMBLR

INSTAGRAM

Continue Reading

News

Retirement Benefits: Service Chiefs To Go Home With Bulletproof SUVs, Prado Jeeps, $60,000 For Medicals (PHOTOS)

Published

on

The former Chief of Defence Staff and the two other service chiefs, who were retired from Service by President Bola Ahmed Tinubu yesterday, will each go home with one bulletproof SUV and one Prado Jeep, or an equivalent vehicle as a backup.

These vehicles are to be maintained by the respective Services and replaced every four years.

According to the new Harmonised Terms and Conditions of Service (HTACOS) 2024, signed by President Bola Ahmed Tinubu — a copy of which was obtained by Sunday LEADERSHIP — the retired officers will also receive $20,000 per year for medical expenses.

The document, marked ‘Restricted’, also outlines the benefits due to retired generals and other senior officers of the Armed Forces upon leaving service.

President Bola Tinubu yesterday removed the service chiefs and appointed their replacements.

The statement announcing their removal, signed by Sunday Dare, the special adviser to the president on media and public communication, said the action was taken to further the federal government’s efforts to strengthen the national security architecture.

The President appointed former Army Chief, General Olufemi Oluyede, as the new Chief of Defence Staff, replacing General Christopher Musa. The new Chief of Army Staff is Major-General W. Shaibu, Air Vice Marshal S. K. Aneke becomes Chief of Air Staff, while Rear Admiral I. Abbas is the new Chief of Naval Staff.

The Chief of Defence Intelligence, Major-General E. A. P. Undiendeye, retains his position.

Those sacked alongside General Musa are the Chief of Naval Staff, Vice Admiral Emmanuel Ogalla, and the Chief of Air Staff, Air Marshal Hassan Abubakar.

Each of the service chiefs is also entitled to five domestic workers, one security officer, nine standard guards, three service drivers, firearms, and other benefits.

Part of the document reads:

“The following benefits shall be the entitlements of the CDS and Service Chiefs: one bulletproof SUV or equivalent vehicle, to be maintained by the Service and replaced every four years; one Prado Jeep or equivalent backup vehicle; retention of all military uniforms and accoutrements to be worn for appropriate ceremonies; five domestic aides (2 x Service cooks, 2 x stewards, and 1 x civilian gardener); one Aide-de-Camp/Security Officer; one Special Assistant (Lt/Capt or equivalent) or one personal assistant (WO or equivalent); standard guard (9 soldiers); three Service drivers; one Service orderly; escorts (to be provided by appropriate military units/formations as the need arises); retention of personal firearms (to be retrieved by the relevant Service upon the officer’s demise); and free medical cover in Nigeria and abroad.”

According to the document, Lieutenant-Generals and equivalents are entitled to the following: one Toyota Hilux vehicle and one Toyota Land Cruiser or equivalent Jeep of the same value; two cooks, two stewards, four residential guards, one Service orderly, two Service drivers, and free medical care in Nigeria and abroad up to the value of $20,000 per year.

Furthermore, retiring Major-Generals, Brigadier-Generals, or their equivalents will be entitled to: one Toyota Land Cruiser or equivalent vehicle, one cook, one steward, two residential guards, one Service orderly, one Service driver, and free medical cover in Nigeria and abroad up to $15,000 per annum.

Similarly, officers of one-star rank are to enjoy the following: one Toyota Camry or equivalent vehicle, one Service driver, two residential guards, one Service orderly, and free medical cover in Nigeria and abroad up to $10,000 per annum.

Federal Government to Spend More on Other Retiring Generals

Yesterday’s retirement of the service chiefs is expected to trigger voluntary and forced retirements within the military hierarchy, as some senior generals who are contemporaries of the outgoing service chiefs may have to proceed on retirement in line with military tradition.

The new service chiefs, who are members of Course 40 and 41 of the Nigerian Defence Academy, replace their predecessors from Course 39, including the new Chief of Defence Staff, General Olufemi Oluyede.

By this appointment, generals from Courses 39, 40, and some from Course 41 across the Services will have to retire, as they are not expected to salute their juniors who have now been elevated above them.

LEADERSHIP Weekend earlier reported that members of Course 39 remain in active service, occupying strategic positions such as Principal Staff Officers (PSOs) at Service Headquarters and Commanders of tri-Service institutions.

Military sources, who initially said more than 50 such generals would have to voluntarily exit the Service to allow the new Service Chiefs to exercise effective control, now say the number could exceed that, since the new Chief of Army Staff is from Course 41.

“We will have more than 60 generals retiring. The new Army Chief is from Course 41. Those in service from Course 39 and even some from 41 will want to retire,” the source said.

With the retirement packages outlined above, the Federal Government will have to provide substantial funds to settle the retirees.

Senate May Confirm Nominations This Week

The Senate joint committee on Defence, Army and Navy is expected to commence the screening exercise of the newly-appointed service chiefs.

It is believed that the president would have written to the Senate at the weekend to intimate its leadership about the fresh appointments.

Their screening is expected to be done behind closed doors.

Expectedly, the nominees are expected to promise to tackle insecurity in the country.

Service Chiefs’ Change Strategic for Tinubu – Obono-Obla

Meanwhile, a former Chairman of the Special Presidential Investigative Panel on Recovery of Public Property (SPIP), Chief Okoi Obono-Obla, has described President Tinubu’s reshuffle of service chiefs as a strategic realignment aimed at entrenching deeper reforms as he moves towards completing his first four-year term.

The former special aassistant to the late ex-President Muhammadu Buhari on prosecution added that the change demonstrates a canny mastery of the push and pull of the country’s centripetal and centrifugal forces.

Obono-Obla said on Sunday that: “It reflects how he (Tinubu) has been able to navigate and manoeuvre through the complexities of governance. After settling into office, he engaged in midterm rumination — pondering and reflecting on the imperative of assembling a new team within the Armed Forces and security apparatuses.”

Obono-Obla explained that the move signals a strategic realignment and that it is time to assess performance in the military and security sectors.

“The shake-up and introduction of a new team — reinvigorated and with a fresh lease of life — aims to ensure that the security challenges which have grappled and confronted the country are dealt with decisively, using new gusto, fresh strategies, and dynamic trajectories.

“Mr President has also subtly used this opportunity to manoeuvre through the nuances and subtleties of the country’s fault lines, which have long dogged its progress.

In doing so, he has sought to balance geopolitical sensibilities and touch all potential flashpoints where cries of political marginalisation often emerge,” he said.

Source: leadership.ng

FOLLOW US ON:

FACEBOOK

TWITTER

PINTEREST

TIKTOK

YOUTUBE

LINKEDIN

TUMBLR

INSTAGRAM

Continue Reading

Trending