US Trading Partners ‘Dazed and Confused’ After Tariff Court Loss
Tractor trailers at the Otay Mesa Port of Entry, on the US-Mexico border in Tijuana, Baja California, Mexico, on Aug. 30.
Photographer: Carlos Moreno/BloombergThe legal fight over President Donald Trump’s global tariffs is deepening after a federal appeals court ruled the levies were issued illegally under an emergency law, extending the chaos in global trade.
A 7-4 decision by a panel of judges Friday night in Washington was a major setback for Trump even as it gives both sides something to boast about.