Forklift operators move shipping containers at Port Everglades in Fort Lauderdale, Fla., on April 20, 2026. Joe Raedle/Getty ImagesA federal appeals court on May 12 temporarily put on hold a lower court ruling striking down the Trump administration’s global tariffs.On May 7, the U.S. Court of International Trade voted 2–1 to invalidate the temporary 10 percent value-based import duty that is layered atop existing tariffs on most goods entering the United States from all countries.
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Tuesday, May 12, 2026
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