US trade court rules against Trump's 10% global tariffs
The ruling bars collections from the plaintiffs and orders refunds after judges said the administration lacked a valid legal basis under Section 122.
- 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.
360 Articles
360 Articles
U.S. Trade Court Strikes Down Trump's 10% Global Tariff
The US Court of International Trade ruled 2-1 on May 7 that President Donald Trump’s 10% global tariff imposed under Section 122 of the Trade Act of 1974 is illegal, blocking a key pillar of the administration’s trade architecture less than three months after it took effect on February 24. The decision came one day […] The post U.S. Trade Court Strikes Down Trump’s 10% Global Tariff appeared first on The Rio Times.
Court strikes down Trump's 10% global tariffs; judge rules grant cuts unconstitutional
President Donald Trump's latest global tariffs have been struck down by a federal court. On Thursday, a three-judge panel of the Court of International Trade in New York found Trump's 10% tariffs were illegal after small businesses sued. Trump instituted the tariff after the U.S. Supreme Court struck down his broader "Liberation Day" tariffs in February. In a two-to-one decision, the trade court said Trump overstepped his authority, calling the…
Federal court blocks Trump’s global tariffs
A US federal court overruled President Donald Trump’s latest effort to impose new global tariffs. Trump had tried to circumvent February’s Supreme Court block on his “Liberation Day” duties, but judges said his justification was inadequate. He remains keen to use levies as a tool of international diplomacy — he threatened the EU with “much higher” tariffs if it did not implement a previously agreed US trade deal, while extending the deadline to …
A federal court in New York has collected Trump's latest import tariffs. Judges do not see the requirements of Section 122 met. An analysis.
Trump's 10% Global Tariffs Ruled Illegal By US Trade Court: Here's What To Know
A panel of judges at the United States Court of International Trade ruled Thursday that Donald Trump's 10% global tariffs imposed under Section 122 of the Trade Act of 1974 were "unauthorized by law." In a 2-1 ruling, the court found the administration lacked sufficient legal justification to impose the tariffs under Section 122, which allows temporary import surcharges under certain international payments conditions. The decision applies only t…
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