According to Bloomberg, the U.S. Federal Trade Court has ruled that the 10% global tariff imposed by the Trump administration is illegal, delivering a new blow to the Trump administration’s economic agenda. Just months earlier, the U.S. Supreme Court had already revoked several tariff measures previously implemented by Trump.
The U.S. Court of International Trade in Manhattan, composed of a three-judge panel with differing opinions, approved on Thursday a request from a group of small businesses and over twenty states—most led by Democrats—to revoke the tariff. Trump imposed the 10% tariff in February under Section 122 of the Trade Act of 1974, a provision that had never been used before.
For now, the court has only ordered an immediate halt to the enforcement of the tariff against the two companies that filed the lawsuit and the state of Washington. The U.S. Department of Justice may bring the case to the Federal Circuit Court of Appeals to challenge the trade court’s latest ruling.
