
What you need to know
- On Wednesday (May 28), U.S. Court of International Trade judges halted President Trump's recent 10% tariffs on "virtually every U.S. trade partner."
- The judges state that the administration's leverage of the IEEPA shouldn't qualify here, and that Trump has "exceeded" any rightful authority.
- Recently, Samsung was pushing to build more Galaxy S25's while it was in the clear; however, Trump is seeking a 25% tariff on phones built outside the U.S.