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us-court-ruling
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nypost.compolitics60 days agoUpdated
U.S. Trade Court Rules Trump’s 10% Global Tariff Exceeds Authority Under 1974 Trade Act
The U.S. Court of International Trade ruled 2-1 on May 7, 2026, that President Donald Trump’s across-the-board 10% tariffs on most imports were not justified under a 1970s trade law. The decision favored small businesses that challenged the tariffs, which took effect Feb. 24. One…
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