内容摘要：Palestinians lie on stretchers at the Baptist Hospital after being injured in an Israeli airstrike in Gaza City, Friday, May 30, 2025. (AP Photo/Jehad Alshrafi)

Palestinians lie on stretchers at the Baptist Hospital after being injured in an Israeli airstrike in Gaza City, Friday, May 30, 2025. (AP Photo/Jehad Alshrafi)

▶ Follow live updates onWASHINGTON (AP) — President Donald Trump has audaciously claimed virtually unlimited power to bypass Congress and impose sweeping taxes on foreign products.

Now a federal court has thrown a roadblock in his path.A three-judge panel of the U.S. Court of International Tradehis authority when he invoked the

to declare a national emergency and plaster taxes – tariffs – on imports from almost every country in the world.The ruling was a big setback for Trump, whose

have rocked financial markets,

and raised fears of higher prices andYet the additional 30% duties, on top of other import taxes, will likely affect prices. The Footwear Distributors and Retailers of America, a trade group, says children’s shoes from China will now pay a nearly 100% tariff, because the latest duties are on top of previous import taxes.

Matt Priest, president and CEO of the FDRA, said that the cost of shipping goods from China will likely rise as many companies scramble to get orders to the U.S. during the 90-day window.“We’re not out of the inflationary cost woods yet,” he said.

And economists say average tariffs are now at about 18%, roughly six times higher than before Trump took office and the highest in about 90 years.Consumer prices cooled noticeably in February and March, prompting Trump to claim repeatedly on social media that there is “NO INFLATION.” Inflation has fallen to nearly the 2% target set by the Federal Reserve, the agency charged with fighting higher prices.