“IEEPA nowhere mentions tariffs, duties, imposts, or taxes, and no other President in the statute’s nearly 50-year history has claimed that it authorizes tariffs,” the companies added in a filing with the appeals court.

By Dietrich Knauth (Reuters) -A U.S. appeals court on Thursday will review President Donald Trump's power to impose tariffs, after a lower court said he exceeded his authority with sweeping levies on imported goods.

President Donald Trump may have gotten his way with tariffs on some countries, but his overhaul of American trade policy has not gone unchallenged