The #US #trade court on Thurs ruled against #Trump's ‌latest 10% global #tariffs, finding across-the-board tariffs were not justified under a 1970s trade #law.

The US Court of International Trade [#CIT] ruled in ​favor of #SmallBusinesses that challenged the ⁠tariffs, which took effect on February ​24. The ruling was 2-1, with one ​judge saying it was premature to grant victory to the small business plaintiffs.

#economy #inflation #tax #consumers #business #recession
reuters.com/world/us-trade-cou…