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

CN
CitrixNews Staff
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US trade court rules against Trump’s 10% global tariffs

Trump also says he would give EU until 4 July to implement trade deal terms before raising tariffs to ‘much higher levels’

The US trade court on Thursday ruled against Donald Trump’s latest 10% 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 24 February. The ruling was 2-1, with one judge saying it was premature to grant victory to the small business plaintiffs.

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Originally reported by The Guardian