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May 10, 2026
A federal court in the US has struck down the new global tariffs imposed by President Donald Trump, delivering another major setback to his administration after an earlier Supreme Court defeat on the issue.
In a 2-1 ruling on Thursday, the three-judge panel of the Court of International Trade in New York said the 10 per cent worldwide tariffs were illegal and exceeded the authority granted to the president by Congress.
The court declared the tariffs “invalid” and “unauthorised by law”, siding with small businesses that had challenged the measures. However, one judge dissented, arguing that the law gives the president broader powers over tariffs
