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The Economic Times

Economy / The Economic Times

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US trade court weighs legality of Trump 10% global tariff

A U.S. trade court will review a 10% global import tax enacted by the Trump administration. Several states and small businesses argue this tax, imposed under the Trade Act of 1974, illegally bypasses a Supreme Court ruling that limited presidential tariff authority. The administration defends the tariffs as a response to trade deficits.

10 Apr 2026 3:53 pm