On May 7, 2026, the U.S. Court of International Trade issued a ruling blocking President Donald Trump's 10% global tariffs, which were set to take effect on May 9, 2026. The court found that the tariffs, imposed under the International Emergency Economic Powers Act (IEEPA), exceeded the president's authority because they were not tied to a specific national emergency.
The ruling came in response to a lawsuit filed by several U.S. importers and trade groups, who argued that the tariffs would harm businesses and consumers. The court agreed, stating that the IEEPA does not grant the president the power to impose broad, universal tariffs without a clear link to an emergency.
The White House has indicated it will appeal the decision, with a spokesperson saying the tariffs are necessary to protect American industries from unfair foreign competition. Legal experts expect the case to reach the Supreme Court.
This is a developing story. Further updates will be provided as more information becomes available.