Summary of this article
In a fresh blow to US President Donald Trump’s tariff policies, a federal court has ruled that the 10% global tariffs were unlawful. The 10% blanket tariff was announced following the US Supreme Court’s decision to invalidate the ‘Liberation Day’ tariffs, or the reciprocal tariffs.
A divided three-judge panel at the US Court of International Trade in Manhattan on Thursday granted a request by small businesses and nearly a dozen Democrat-led states to invalidate the tariffs, a Bloomberg report said.
