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US trade court rules against Trump's 10% global tariffs
The panel said the administration lacked legal authority under a 1974 trade law and ordered refunds for the small-business plaintiffs.
On Thursday, the U.S. Court of International Trade ruled against President Donald Trump's 10% global tariffs, finding them unjustified under a 1974 trade law.
President Trump invoked Section 122 of the Trade Act of 1974 on February 24, citing authority to correct "balance of payments deficits" or avert dollar depreciation.
Judges ruled the administration lacked sufficient justification under the law, following the Supreme Court's invalidation of prior tariffs earlier this year.
The ruling requires the administration to stop collecting the 10% duties from plaintiffs and issue refunds, with payments expected to start next week.
Though the 2-1 vote included a dissenting judge who argued victory was premature, the decision constrains the executive branch's tariff-enacting capacity going forward.
New setback for the President: A U.S. commercial court has declared Trump's global ten-percent-customs illegal. The basis for this was a 1974 law that was misinterpreted according to the court.