The Financial News

The Financial News

Trump Suffers Major Blow As US Court Strikes Down Global Tariffs, Calls Them ‘Invalid’


U.S. President Donald Trump faces a major legal setback after a federal trade court struck down his administration’s new global tariffs. In a 2-1 ruling, judges said Trump exceeded his authority and declared the 10% tariffs “invalid” and “unauthorized.” The decision blocks tariff collection from key plaintiffs and could trigger another major Supreme Court showdown. The ruling also reignites debate over presidential powers, Congress’ authority on tariffs, and the future of America’s global trade policy. Watch the full report for all the latest updates and reactions.

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