Federal Court Rules Against Trump’s New Global Tariffs

WASHINGTON (AP) — A federal court has ruled against the new global tariffs that President Donald Trump imposed after a stinging loss at the Supreme Court. A split three-judge panel of the Court of International Trade in New York found the 10% global tariffs were illegal after small businesses sued. The court ruled 2-1 Thursday that Trump overstepped the tariff power that Congress had allowed the president under the law. The tariffs are “invalid″ and “unauthorized by law,” the majority wrote. At issue are temporary 10% worldwide tariffs the Trump administration imposed after the Supreme Court in February struck down even broader tariffs the president had imposed last year on almost every country on Earth.