Court Moves Against Trump Trade Agenda In Major Ruling
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May 7, 2026
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NEW YORK, May 7 (Reuters) – The U.S. trade court on Thursday ruled against President Donald Trump’s latest 10% global tariffs, finding across-the-board tariffs were not justified under a 1970s trade law. The U.S. Court of International Trade ruled in favor of small businesses that challenged the tariffs, which took effect on February 24. The ...
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