US Trade Court Blocks Global Tariff Expansion, Challenging Executive Authority
The United States Court of International Trade issued a landmark ruling on Thursday, striking down a 10% global tariff policy imposed by the Trump administration. The court determined in a 2-1 decision that the across-the-board levies, which took effect on February 24, lacked the necessary legal justification under the 1970s-era trade statutes invoked by the…