Anonymous1 day ago
The U.S. Court of International Trade ruled 2-1 on May 7, 2026 that President Trump's 10% global tariff imposed under Section 122 of the Trade Act of 1974 is unlawful, finding the administration failed to demonstrate a genuine balance-of-payments deficit as required by the statute. The ruling marks the second time in three months that federal courts have struck down the administration's attempt to impose sweeping import tariffs, following the Supreme Court's February 2026 decision that IEEPA does not authorize tariffs — a decision that left the government owing an estimated $166 billion in refunds to roughly 330,000 importers.