【SMM Steel】US trade court rules Trump's 10% global tariff illegal

Published: May 11, 2026 17:13
【SMM Steel】The US Court of International Trade ruled Trump's 10% global tariff under Section 122 of the Trade Act of 1974 is illegal. The court rejected the administration's argument that "balance-of-payments deficits" equals a trade deficit. The injunction applies only to the plaintiffs (two small businesses and Washington state). The DOJ filed an appeal on May 8. The ruling does not affect Section 232 steel and aluminum tariffs on national security grounds.

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