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A federal trade court’s May 7 ruling knocked down Trump’s 10% global Section 122 tariff as unlawful, undercutting the administration’s fallback plan after its earlier tariff authority was blocked, even though the case is still on appeal.
Why it matters: Tariff backlash
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A federal trade court’s May 7 ruling knocked down Trump’s 10% global Section 122 tariff as unlawful, undercutting the administration’s fallback plan after its earlier tariff authority was blocked, even though the case is still on appeal.
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