US trading partners ‘dazed and confused’ after tariff court loss


— Bloomberg

THE 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 last Friday night in Washington was a major setback for Trump even as it gives both sides something to boast about. 

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