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Breaking: US trade court rules against Trump's 10pc tariff rate
Key takeaways
- Donald Trump ordered 10 per cent tariffs on most imports to the US earlier this year.
- A panel of judges at the US Court of International Trade found two-to-one that the Trump administration lacks a justification to impose the tariffs under a 1970s law.
- Mr Trump ordered the tariffs on most imports to the US in February, after the Supreme Court deemed his wide swathe of "Liberation Day" tariffs unlawful.
Why this matters: an international story with cross-border implications worth tracking.
Donald Trump ordered 10 per cent tariffs on most imports to the US earlier this year. (AP: Matt Rourke)
Link copied Share Share article A United States trade court has ruled against President Donald Trump's universal 10 per cent tariff rate, dealing another blow to his signature economic policy.
A panel of judges at the US Court of International Trade found two-to-one that the Trump administration lacks a justification to impose the tariffs under a 1970s law.
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