Trump fast-tracks new tariffs after court strikes down global levies

5 articles · Updated · MarketWatch · May 8

The New York Court of International Trade voided his 10% tariffs under Section 122, though the ruling currently applies only to two small businesses and some states.
The White House said it is reviewing legal options and could appeal, but analysts expect the administration to accelerate Section 301 and 232 tariff plans before the July expiry.
The setback follows the Supreme Court’s February rejection of broader emergency-powers levies, while investors largely treated the ruling as another step in Trump’s wider trade negotiations.

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