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US trade court rules against Trump’s 10 percent global tariffs

article author: Reuters Author: By Dietrich Knauth ID: 1778190833410425000 Thu, 2026-05-07 21: 45 NEW YORK: The US trade court on Thursday ruled against President Donald Trump’s ​latest 10 percent global tariffs, finding across-the-board tariffs were not justified under a 1970s trade law. The US Court of International Trade ruled in favor of small businesses that challenged the tariffs, which took effect on February 24. The ruling was 2-1, with one judge saying it was premature to grant victory to the small ‌business plaintiffs. Main category: Business & Economy Tags: Donald Trump tariffs

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