The U.S. Court of International Trade on Thursday blocked the 10% global tariffs that were instituted by President Donald Trump after the Supreme Court struck down his “Liberation Day” tariffs in February.
The order, handed down in a 2-1 majority ruling by a panel of judges, narrowly blocks the tariffs that apply to the plaintiffs. The tariffs will remain in place through July for all other importers not involved in the litigation.
The federal court determined the Trump administration lacked the legal standing to impose tariffs under the Trade Act. In the 1974 law, Section 122 permits tariffs up to 15% for 150 days. The import taxes expire on July 24.
On Feb. 20, the Supreme Court deemed tariffs enacted under the International Emergency Economic Powers Act to be illegal. The decision prompted Trump to invoke the Trade Act for his new 10% tariffs.
At the time, Trump threatened to increase the
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