<ul><li>A federal court has ruled against President Trump's attempt to impose tariffs on imported goods, including Apple products, that could have led to significantly higher iPhone prices in the U.S.</li><li>The court found that the International Emergency Economic Powers Act does not allow the president to unilaterally impose such tariffs without Congressional approval.</li><li>The invalidated tariff orders threatened a 25% tariff on all iPhones produced outside the U.S., potentially raising prices by thousands of dollars.</li><li>The ruling came in response to lawsuits filed by U.S. businesses and a coalition of states, blocking the Trump administration's efforts to reset trade balances through tariffs.</li></ul>

Federal Court Blocks Trump Tariffs That Could Have Pushed iPhone Prices to Over $4,000

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