US Court Blocks Trump’s 10% Reciprocal Tariff Order on India
The US Court of International Trade struck down the Trump administration’s 10% global tariffs after declaring the reciprocal tariff illegal. The Court ruling stated that the measures exceeded powers granted by Congress under Section 122 of the Trade Act of 1974. In a 2-1 decision delivered on May 7, the court held that the tariffs were invalid and unauthorised by… Continue reading "US Court Blocks Trump’s 10% Reciprocal Tariff Order on India"