May 7, 2026 The Wall Street Journal
A federal trade court ruled President Trump didn’t have the authority to impose new global tariffs after a previous set of levies was struck down by the Supreme Court in February.
The decision on Thursday from the Court of International Trade invalidated Trump’s attempt to impose a new 10% tariff on goods from virtually every nation by invoking authority under Section 122 of the Trade Act.
The court, in a 2-to-1 ruling, said the president’s new bid at sweeping tariffs didn’t satisfy the criteria specified in the trade law for when import surcharges are allowed.
Updates to follow as news develops.