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The Guardian - UK
The Guardian - UK
World
Nicola Slawson

First Thing: US to stop collecting Trump tariffs ruled illegal by supreme court

A trader on the floor of the New York stock exchange.
A trader on the floor of the New York stock exchange. Photograph: Brendan McDermid/Reuters

Good morning.

Donald Trump’s administration has said it will stop collecting tariffs the supreme court ruled were illegal as they were imposed using emergency powers, as investors attempted to digest the US president’s latest volley of replacement levies.

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