Court backs Trump on rescinding de minimis tariff exemption
A federal trade court agreed Thursday that President Trump lawfully ended a tariff exemption for low-cost goods last year. Trump did so by invoking the same 1970s-era emergency statute that the Supreme Court ruled didn’t authorize the president’s sweeping “Liberation Day” tariffs. The U.S. Court of International Trade said ending a tariff exemption is legally distinct — and...
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