Retail

Trump’s global reciprocal tariffs blocked by trade courts as illegal

President Donald Trump gestures as he speaks into a microphone
President Donald Trump can appeal the first major legal setback to his tariffs. That lawsuit is one of seven court challenges to the tariff policies, along with actions from 13 U.S. states and other groups of small businesses. (BLOOMBERG)
May 29, 2025 12:27 AM

President Donald Trump’s global tariffs were deemed illegal and blocked by the U.S. trade court, dealing a major blow to a pillar of the Republican’s economic agenda.

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