US trade court rules against Trump's 10% global tariffs

The U.S. trade court ruled against President Trump's 10% global tariffs on Thursday. The judges found the duties were not justified under the Trade Act of 1974.

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The United States Court of International Trade ruled against a 10% global tariff. Small businesses challenged the duties, which the administration implemented on February 24. The decision limits executive power to bypass prior Supreme Court rulings through alternative trade laws.

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