Another court just slapped down Trump’s tariff playbook.
U.S. President Donald Trump’s 10 per cent global tariffs were declared unlawful by a federal trade court in a fresh blow to the administration’s economic agenda, just months after the U.S. Supreme Court vacated earlier levies he’d imposed.
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A divided three-judge panel at the U.S. Court of International Trade in Manhattan on Thursday granted a request by a group of small businesses and two dozen mostly Democrat-led states to invalidate the tariffs. Trump imposed the 10 per cent duties in February under Section 122 of the Trade Act of 1974, which had never previously been invoked.
https://financialpost.com/news/trumps-tariffs-unlawful-us-trade-court