The U.S. Trade Court on Thursday ruled against U.S. President Donald Trump's latest 10 per cent global tariffs, finding across-the-board tariffs were not justified under a 1970s trade law.
The U.S. Court of International Trade ruled in favour of small businesses that challenged the tariffs, which took effect on Feb. 24. The ruling was 2-1, with one judge saying it was premature to grant victory to the small business plaintiffs.
The small businesses had argued the new tariffs were an attempt to sidestep a landmark U.S. Supreme Court decision that struck down the Republican president's 2025 tariffs imposed under the International Emergency Economic Powers Act.