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Udaipur Kiran

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Trump Faces Major Setback as Federal Court Strikes Down Global Tariff

Washington, May 8: President Donald Trump has suffered a significant setback as the U.S. Federal Trade Court declared his announcement of a global tariff illegal and has ordered its cancellation. The president had announced a 10% global tariff, but the court ruled that the Trump administration violated its authority under a 1974 trade law. In ... Read more Trump Faces Major Setback as Federal Court Strikes Down Global Tariff

8 May 2026 8:13 am