Maritime Reader

MARITIMEINTELLIGENCEDAILY11 MAY 2026 MONDAY
GeneralThe Loadstar·3 days ago

Latest court defeat threatens legal basis of Trump tariff strategy

The Loadstar

Donald Trump’s administration has suffered a major legal setback after a US federal trade court ruled that its new 10% global tariff regime was imposed unlawfully. Yesterday, the US Court of International Trade (doc 26-47) ruled it exceeded powers granted under Section 122 of the Trade Act of 1974 when the administrat