President Donald Trump’s administration must dismantle his “reciprocal” tariff policy after a federal court ruled he lacked the authority to create it. But that doesn’t mean the fight is over or that some goods still won’t face tariffs.
Trump’s showpiece trade policy faced a major setback Wednesday after a three-judge panel on the federal trade court unanimously ruled against Trump’s plan to impose his sweeping levies on nearly all of the U.S.’s trading partners.