Court of International Trade Strikes Down Trump's 10% Global Tariffs 2-1

本站添加: 2026-05-15

[00:00:00]A federal trade court just struck down Trump's 10% global tariffs in a two-to-one ruling. The court found the administration misread section 122 of the Trade Act of 1974. Specifically, that a trade deficit and a balance of payments deficit are not the same thing.

[00:00:17]This is the second time a court has ruled Trump's tariff regime illegal, with the Supreme Court already affirming a prior block earlier this year.