US Trade Court Strikes Down Trumps 10 Percent Global Tariffs

Date:

Forklift operators move shipping containers at Port Everglades in Fort Lauderdale, Fla., on April 20, 2026. Joe Raedle/Getty ImagesThe U.S. Court of International Trade on May 7 struck down President Donald Trump’s 10-percent global tariffs under the Trade Act of 1974.The court ruled 2–1 in favor of small businesses that contested the tariffs, which had taken effect on Feb. 24. A dissenting judge said it was premature to rule on the dispute.

spot_imgspot_imgspot_img

Share post:

More like this
Related

How Major US Stock Indexes Fared Aug. 24

U.S. stocks drifted to a mixed finish as the...

FTC and 5 States Reach Settlement With Zillow, Redfin in Rental Listing Lawsuit

Federal regulators and five states have reached a last-minute...

The Back Door: China, USMCA, and the Fracture in North American Trade

CommentaryOver the past several days, bilateral trade talks between...

Pentagon Announces $750 Million Purchase of Rare-Earth Elements From Brazil Mine

A mine operated by Serra Verde Group digs for...