[SMM Flash News] US Court: Trump Administration's Global Import Tariffs Lack Legal Basis

Published: May 8, 2026 15:04

Save

The US Court of International Trade released a ruling on the 7th, stating that the legal basis for the 10% global import tariff policy was invalid.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

1 hour ago

[SMM Flash News] US Enterprise Layoffs Up 38% MoM in April, Down 50% YoY Year-to-Date

According to a report released Thursday by outplacement firm Challenger, Gray & Christmas, US enterprises announced 83,387 layoffs in April, up 38% MoM from 60,620 in March, but down 21% compared to the same period last year at 105,441.

1 hour ago

[SMM Flash News] Offshore RMB Breaks Through 6.8 Against the US Dollar

The offshore RMB broke through the 6.8 mark against the US dollar, the first time since February 2023.

1 hour ago

Post-Holiday Consumption Gradually Recovers, Spot Premiums Bottom Out [SMM South China Copper Cathode Spot Weekly Review]

1 hour ago

Related News

[SMM Flash News] US Enterprise Layoffs Up 38% MoM in April, Down 50% YoY Year-to-Date

May 08, 2026 15:04

[SMM Flash News] Offshore RMB Breaks Through 6.8 Against the US Dollar

May 08, 2026 15:04

Post-Holiday Consumption Gradually Recovers, Spot Premiums Bottom Out [SMM South China Copper Cathode Spot Weekly Review]

May 08, 2026 14:43

Buying Sentiment Recovered Slightly from the Previous Day but Remained Weak [SMM Spot Aluminum Midday Review]

May 08, 2026 14:43