Former Federal Reserve Chairman and US Treasury Secretary Janet Yellen, along with nearly 50 economists, told the appellate court that Trump misused the “balance of payments” clause to defend a round of global tariffs earlier this year. Economists point out that accepting the government's rhetoric would give the president too much power.

Former Federal Reserve Chairman and US Treasury Secretary Janet Yellen, along with nearly 50 economists, told the appellate court that Trump misused the “balance of payments” clause to defend a round of global tariffs earlier this year. Economists point out that accepting the government's rhetoric would give the president too much power.